One of the Swiss lender's most senior technologists in Asia has joined the Singapore sovereign wealth fund.
China Evergrande chairman Hui Ka Yan continues to scramble to raise funds to meet debt obligations, including an upcoming coupon payment of $255 million due in late December.
A former Bank of China manager suspected of involvement in the embezzlement of nearly $500 million 20 years ago has been repatriated from the U.S. bank to the mainland.
The firm is bolstering its fraud and risk management capabilities, citing heightened fraud, money laundering and terrorist financing activities amidst the Covid-19 pandemic.
The Swiss private bank saw a rise in new assets and increased profitability in the first nine months of the year. It also announced changes to its international business.
Swiss boutique Leonteq lifts its profit forecast after demand for its products ran hot this summer.
The Singapore FinTech Association (SFA) and the Hungarian FinTech Association (HFA - MAFISZ) have signed a memorandum of understanding (MOU) to facilitate and foster fintech collaboration between the two countries.
J.P. Morgan chief executive Jamie Dimon made his first visit to Hong Kong since the coronavirus pandemic first began with an exemption from the city’s quarantine measures.
The Singapore-based active responsible investment manager and multi-family office has announced the addition of two seasoned executives to its client relationship and investment advisory teams.
Singapore state investor Temasek is reportedly taking a pause on new investments in Chinese tech firms until there is greater visibility on the regulatory landscape.
The homegrown platform is the first local non-bank crypto exchange to announce that it has received this in-principal approval from the Monetary Authority of Singapore.
HSBC has reshuffled senior management at its commercial banking arm in Asia and the U.K.
Credit Suisse promotes a team leader to become a market leader for the private banking market in the Philippines, according to an internal memo seen by finews.asia.
Trading made its market debut at the Beijing Stock Exchange, a bourse focused on mainland small to medium-sized enterprises.
Aviva Singlife-owned investment platform Navigator Investment Services has hired an ex-DBS managing director as its chief executive.
A private banking veteran returns to Deutsche Bank as its vice chairman of wealth management in Asia Pacific.
Chairman António Horta-Osório cleans up Credit Suisse under the new strategy while major investors call for significant divestments.
Credit Suisse wants to shift buying activities to an external provider as part of its new strategy, research by finews.asia shows.
The manager of a $3 billion Asia bond fund at UBS has reportedly left with sizeable year-to-date losses and significant holdings in China’s real estate sector including debt issued by Evergrande.
KPMG is being sued over its role in the insolvency of Dubai private equity firm Abraaj Group which claims the big four accounting company «failed to maintain independence» and breached its duty of care.
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