Tuesday, 19 November 2024

FINANCE Thursday, 3 March 2022 12:32

Crypto-Asset Player Hydra X Gets Singapore Central Bank Approval

Hydra X has received approval from the Monetary Authority of Singapore (MAS) for a capital markets services (CMS) license, the fintech said Wednesday.

PEOPLE Thursday, 3 March 2022 10:58

Ex-UOB Private Banker Joins Multi-Family Office

A former relationship manager from UOB Private Bank has joined multi-family office Pyxis Wealth Advisors.

FINANCE Thursday, 3 March 2022 10:36

Indian Crypto Ponzi Scheme Suspect Vanishes

The BitConnect Founder and suspect of a $2.4 billion Ponzi scheme has left India and efforts to find him could ultimately fail, according to U.S. prosecutors from the SEC. 

FINANCE Thursday, 3 March 2022 09:20

Credit Suisse Seeks Destruction of Loan Documents

Investors were requested by the bank to destroy documents related to securitized loans backed by assets such as jets and yachts.

FINANCE Thursday, 3 March 2022 09:18

Swift’s Swiss Data Center Gets Police Protection

A seemingly boring financial services provider, Swift takes on a James-Bond like aura.

HIGH-END Thursday, 3 March 2022 09:18

Yachtspotting: Russian Oligarchs at Sea

In the face of sanctions, Russia’s oligarchs are moving their Superyachts to destinations such as the Maldives and Seychelles.

HIGH-END Thursday, 3 March 2022 01:42

Chris Kaelin: «It Makes More Sense to Stay Outside of Europe Now»

With war on its doorstep, Europeans are increasingly considering emigration. Henley & Partner's Chairman Chris Kaelin spoke to finews.tv about how recent events have changed the way Europeans view their continent.

PEOPLE Wednesday, 2 March 2022 19:40

Ex-Hong Kong Bar Association Chair Flees City

The former chairman of the Hong Kong Bar Association has reportedly fled the city following a national security law probe by local police.

FINANCE Wednesday, 2 March 2022 16:56

Shopee Parent’s Digital Finance Takes Off

Sea, the parent of e-commerce player Shopee, reported Tuesday that fourth quarter revenue for its digital financial services surged 711 percent from the year-ago period. 

FINANCE Wednesday, 2 March 2022 16:27

ANZ: Russia Estimated to Own Nearly a Quarter of Foreign Chinese Debt

Russia’s central bank and foreign wealth fund are estimated to own a quarter of all Chinese bonds held by foreign investors, according to ANZ, representing another potential lifeline for Moscow to withstand sanctions.

PEOPLE Wednesday, 2 March 2022 14:56

Ex-Credit Suisse MD Joins BNP Paribas Wealth Management

BNP Paribas Wealth Management has hired a former Credit Suisse executive to lead its sustainable investment efforts in Asia.

FINANCE Wednesday, 2 March 2022 13:41

Saigon Asset Management Invests in Brokerage Anfin

Saigon Asset Management (SAM) has entered an investment and strategic tie-up deal with digital brokerage fintech Anfin.

FINANCE Wednesday, 2 March 2022 13:02

Last Swiss Flight Out – For Now

Airline to schedule flight from Hong Kong to Zurich next Monday amid significant deterioration of COVID-19 situation.

FINANCE Wednesday, 2 March 2022 11:57

Asia Spotlighted as Post-SWIFT Alternative for Russia

Russia is now rushing to adjust its financial system to survive in a post-SWIFT era with Asia spotlighted for alternative options.

FINANCE Wednesday, 2 March 2022 11:37

Richard Li-backed FWD Targets Southeast Asia

Richard Li-backed insurer FWD Group has officially filed for a Hong Kong initial public offering (IPO), pointing to its ability to target Asia’s fastest growing markets.

FINANCE Wednesday, 2 March 2022 11:10

Credit Suisse Seeks Settlement with Archegos

Credit Suisse was thrown into turmoil when Archegos collapsed in March last year. Now the bank is in out-of-court negotiations with the defunct investment firm. 

FINANCE Wednesday, 2 March 2022 11:09

UBS Revamps Family Office

The architect of UBS’ family office business and top banker, Joe Stadler, is stepping aside as the unit gets an overhaul.

FINANCE Wednesday, 2 March 2022 09:48

HKMA Lobbies for Shorter Travel Quarantine

The Hong Kong Monetary Authority is reportedly lobbying the local government to reduce the existing quarantine period for returning travellers, in yet another plea by the financial sector to loosen the city’s Covid measures.

FINANCE Tuesday, 1 March 2022 17:19

J. Safra Sarasin: «We Cannot Predict the Future Course of Sanctions»

J. Safra Sarasin's Chairman tells finews.asia that Switzerland is the best location for private banking as it is a safe haven for overseas clients.

FINANCE Tuesday, 1 March 2022 16:27

Singapore’s Big Three Banks Curb Russian Financing

Singapore's three largest local banks have reportedly restricted trade financing for Russian energy deals, in line with the stance taken by the city-state’s government. 

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