Zurich-headquartered Julius Baer has bolstered its products unit in Hong Kong with the appointment of a new head of fund specialists in Hong Kong.
Australian authorities will revamp the regulatory landscape for digital payments, broadening its remit on online transaction providers, cryptocurrency exchanges and the possible creation of a central bank digital currency.
Citi will tap into API Exchange's (APIX) global ecosystem of fintech firms to swiftly identify solution partnerships and test them in a cloud-based sandbox before implementation.
Citigroup has reportedly selected its preferred bidders for its consumer banking assets in Asia, has part of its broader plans announced earlier this year to exit retail markets where it lacks scale.
Fears of property-linked debt defaults are on the rise again this week as major developers in China issued warnings about the poor outlook and reportedly missed coupon payments.
Binance Asia Services, which operates Binance's Singapore entity, has taken an 18-percent stake in Hg Exchange (HGX), a Singapore-based private securities exchange.
His comments come as India prepares to introduce a new bill in parliament to regulate the crypto sector.
A digital asset venture fund has made its first investment, into Singapore's Coinhako.
Hong Kong-headquartered virtual lender WeLab has acquired Indonesia’s PT Bank Jasa Jakarta as part of broader expansion plans across Asia.
PhillipCapital's derivatives broking arm in Malaysia has entered into a business sale and purchase agreement with Alliance Investment Bank to purchase its stockbroking business.
Swiss financial giant UBS is the latest bank to announce reimbursement plans for employees from Hong Kong’s strict 21-day quarantine for travelers.
The U.K.-headquartered fintech has obtained a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS).
China Evergrande has set up a risk management committee in the hopes of containing any future fallout at the debt-laden developer.
AXA Investment Managers has added a duo to its institutional sales team in Asia as part of its ongoing expansion in the region.
The wealth management arm of the Royal Bank of Canada (RBC) has made two senior appointments in Hong Kong, while hiring three new private bankers to support its growing client base and ambitions in the region.
The Swiss bank’s board is poised to anoint the return of a veteran as the new head of private banking. finews.asia reports on the unexpected detour.
Hong Kong Exchanges & Clearing is reportedly planning to open a New York office as part of its broader plans for internationalization.
The Monetary Authority of Singapore has suspended crypto exchange Bitget which is in a dispute with the agency of K-pop boy band BTS over a coin linked with followers.
Hedge fund billionaire Ray Dalio has become the latest financial industry heavyweight to be in the spotlight over comments about China, this time with regards to the country’s human rights record.
China Evergrande has issued a statement explicitly warning about insufficient funds and the potential that it will fail to complete debt repayments.
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