One month after Sri Lanka defaulted on its sovereign debt for the first time in its history, global bondholders are looking to pick up the pieces through various forms of recourse.
China Construction Bank has tied up with digital securities exchange ADDX to work on helping mainland investors make investments overseas.
Credit Suisse has hired a former Citi investment banker to lead its equity capital markets unit in Australia.
Geneva-based private bank UBP has found a buyer for its Swiss business with US clients. The assets under management will revert to an asset manager in Liechtenstein, finews.asia has learned.
He strikes it lucky more than two years after being forced out of Credit Suisse. Although Switzerland still feels the impact of his legacy.
Citi has promoted a 20-year asset management veteran to a global role based in Hong Kong.
The Monetary Authority of Singapore has awarded three more in-principal approvals for its digital payment license which allows firms to offer crypto services.
HSBC has hired a 20-year private banking veteran from UBS to cover the North Asia market.
The cryptocurrency billionaire founder and CEO of digital asset exchange FTX Trading is getting the beleaguered industry’s back, doling out lines of credit.
Singapore’s central bank has set up its first use case for an artificial intelligence (AI) program to combat greenwashing: real estate.
Binance founder Zhao Changpeng called the Terra project «very mismanaged», adding that the incident has led the firm to apply more scrutiny on operational risk for future listings.
Japanese megabank Sumitomo Mitsui Financial Group (SMFG) is holding advanced talks to acquire a 10 percent stake in SBI Holdings, «Nikkei» reported Tuesday.
A pair of investment bankers from HSBC’s financial institutions group has reportedly left, adding to the industry’s rising turnover.
The estimates of the losses suffered by a Georgian billionaire in a Bermuda fraud case have now been more precisely quantified.
Countless Russians have wanted to leave their home country since the invasion of Ukraine. Those already abroad face potential sanctions.
Tidjane Thiam's spac is in talks to merge with a life sciences company aiming to prolong life and founded by a pioneering scientist.
The international media mourn a floating seafood eatery that most who live in the city have never even been to.
China’s top office in Hong Kong unveiled its wish list for the city, underlining international competitiveness as one of the desired goals for the incoming chief executive.
A Morgan Stanley wealth management executive has reportedly won a legal battle to keep a luxury condo that was seized from the 1MDB scandal.
A U.K. parliamentarian group has called on Wimbledon to drop HSBC as its sponsor over the bank’s support of the controversial national security law in Hong Kong.
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