Chinese regulators have green-lighted Goldman Sachs to take full control of its mainland securities business.
The founder of Revolut is putting his burgeoning $7 billion fortune into a British family office.
J.P. Morgan's Jamie Dimon recently reiterated his position that bitcoin was «worthless» – a comment that was paralleled by the growing wave of banking chiefs expressing optimism or, at least, reserving judgment.
The strategic move by the cloud-based trade finance digitisation solutions provider aims to increase engagement with clients, partners and other stakeholders in the region.
China will further tighten regulatory scrutiny amongst domestic lenders, particularly with regards to what it deems as systemically important players.
UBS Asset Management has named a new country head for Australia and New Zealand.
Blackrock has hired a former Westpac banker to join as its head of wealth for Asia Pacific.
Hong Kong’s biggest case of financial fraud in recent history reached its final chapters with the delivery of jail sentences to four individuals.
Persistent portfolio greenwashing has alienated many investors and threatened our common desire to invest in a prosperous future, Roman Gaus writes in an essay for finews.first. How do we do better?
Citigroup’s profits surged in the third quarter, despite a loss on the sale of its Australia consumer banking business.
Art Intelligence Global (AIG), which launches in November, will handle transactions and offer market expertise, as well as advise on acquisitions and the dissolution of collections.
The now low-profiled Alibaba founder Jack Ma has reportedly resurfaced in Hong Kong, marking another rare appearance in public.
Low digital property and casualty (P&C) personal lines market penetration, estimated at 1-2 percent, in the region shows strong growth potential, the reinsurance giant said.
J.P. Morgan expands in South Korea with the latest opening of a new commercial banking office.
A former managing director from Bank of Singapore has joined Deutsche Bank’s wealth unit in Singapore.
The firm's Singapore office, located at Marina One East Tower, will focus to attract and offer privileged access to investment opportunities for high-net-worth individuals and family businesses.
Standard Chartered chief executive Bill Winters backed cryptocurrencies as instruments with an important role in financial markets, underlining growing concerns about inflation risk.
The Swiss troubled bank reached out to clients, sitting on Greensill losses, with a special offer. The goodwill gesture is too late for some.
The M&A insurance specialist joins at a time of unprecedented growth at Fusion, which provides specialist insurance designed for small and medium businesses.
A new report by the International Monetary Fund claims that China has the ability to contain the aftereffects of an Evergrande collapse but nonetheless underlined risks to markets and the broader economy.
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