Huge swathes of Indonesia’s population don’t have a bank account, but that hasn’t stopped them from signing up for wealth management.
UBP’s Asia business saw equally strong contributions from Hong Kong and Singapore during the pandemic, the bank’s regional chief executive Michael Blake told finews.asia, underlining that success from the dual hubs need not come at the expense of one another.
BC Technology, the backer of Hong Kong-licensed digital asset platform OSL, has hired a new chief financial officer for the group.
Until recently Russia was a target market for the Liechtenstein-based bank. Now, it says it will follow sanctions strictly.
The Liechtenstein-based bank was able to increase profits in 2021, reversing a previous profit slowdown.
London's Bullion Market Association suspends all Russian members. The step is likely to prove to be a double-edged sword.
More bad news for China Evergrande emerges with its founder reportedly told not to attend a key party meeting – an ominous sign for the debt-laden developer’s outlook ahead.
A U.S. district judge has allowed Roger Ng’s defense lawyer to raise questions about certain emails between ex-Goldman college Tim Leissner and his current supermodel wife Kimora Lee Simmons.
finews.asia celebrates International Women’s Day with a review of female billionaire wealth in Asia which, unsurprisingly, is dominated by the world’s second largest economy.
U.S.-listed Fiserv has named Mi Ryung (Miriam) Park, a former UnionPay International executive, as its general manager for South Korea.
Citi’s commercial banking unit is in expansion mode with the Asia Pacific region accounting for the majority of the growth plans.
Switzerland's biggest bank warns about ongoing effects on markets and the global economy from measures caused by Russia's attack on Ukraine.
VP Bank is the first bank in Liechtenstein to use blockchain technology to tokenize art.
Singapore makes its debut for the top role at global money-laundering watchdog Financial Action Task Force, with the appointment of a public servant from the city-state.
India’s federal police arrested the country’s former stock exchange head Chitra Ramkrishna who was embroiled in a regulatory investigation that found her seeking advice from an alleged Himalayan yogi.
Manulife Investment Management has appointed a new chief executive officer for Singapore through internal promotion.
Singapore’s largest bank DBS announced the establishment of a board sustainability committee, to further its net-zero commitments.
The United Arab Emirates (UAE) has been added to the Financial Action Task Force (FATF)’s «grey list» for increased monitoring for money laundering.
Ernst & Young has appointed a successor for the role of country managing partner for Singapore and Brunei.
The scandal-ridden bank's international business suffers and the shares just keep falling. A little-noticed change in its Swiss business has potentially large implications.
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