Positive momentum for cryptocurrencies in Russia persists with the Minister of Finance saying that it should be treated as an investment asset and suggesting that banks be authorized to provide related services.
Hong Kong will become the first market outside of mainland China to test the digital yuan, with a pilot expected to roll out this month for tourists to shop and dine in the city.
UBP has created an advisory solutions team in Asia, hiring a former Citi executive to spearhead the new unit.
Former Bank of America compliance director Samuel Bickett has lost an appeal of a conviction against him for assaulting a plainclothes police officer two years ago.
GAM Investments said Tuesday it has tied up with Liberty Street Advisors to provide client access to late-stage private companies.
Deals in the city-state surge to record levels, says KPMG.
The Geneva-based private bank is strengthening its business in Israel with an ex-Credit-Suisse banker.
Credit Suisse used complex derivatives to offload the risks of billions in loans to oligarchs and tycoons to hedge funds.
The Monetary Authority of Singapore has imposed an additional capital requirement on DBS Bank after its digital banking services suffered a widespread outage on 23-25 November, the city-state’s central bank said in a statement on its website Monday.
Invesco listed its first exchange-traded funds (ETFs) on the Tel Aviv Stock Exchange (TASE) as the investment management firm aims to boost market share in the jurisdiction.
Blockchain and cryptocurrency infrastructure provider Binance has entered a deal to cooperate with South Korean entertainment player YG Entertainment on digital tokens and gaming.
Pictet's wealth management arm has hired a former UBS executive to lead its philanthropy unit in Asia.
The Monetary Authority of Singapore has ordered DBS to set aside nearly $700 million of additional regulatory capital in response to the serious failure of its digital banking services last year.
Investing app Infina, which calls itself the “Robinhood of Vietnam,” has closed $6 million in seed funding in a round including Sequoia Capital India’s Surge.
UBS CEO says UBS is not benefiting from the various crises at its competitor.
The former Asia Pacific head of private markets from UBS has joined alternatives asset manager Blue Owl Capital.
The former chair of HSBC India has joined Rothschild & Co to provide advice on strategic growth ambitions in the world’s second-most populous country.
Credit Saison has committed up to $60 million in series B funding to Indonesian micro-credit and peer-to-peer lender Julo, according to a DealStreetAsia article Monday.
Savills Investment Management, an international real estate investment manager, reported Friday around €670 million ($766.53 million) in transactions in Asia in 2021, out of more than €3.4 billion globally.
The trial of Roger Ng, the only banker from Goldman Sachs to face U.S. charges in the siphoning of billions of dollars from Malaysian development fund 1MDB, is finally set to begin this week after a two-year delay due to the pandemic, according to a report from...
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