The Southeast Asia region is expected to have a good growth prospect, including its wealth management market, Alvin Lee, head group wealth management and community financial services of Maybank, told finews.asia.
The blockchain and crypto solution company, Ripple gets the in-principle regulatory approval in Singapore.
Singapore’s OCBC Bank allows foreign customers to open an account via its digital app.
The Singapore government imposes penalties for breaches of the requirements in connection with the case of Wirecard.
According to reports, the up-and-coming management consulting firm landed the most prestigious mandate that Swiss banking has to offer. Switzerland boss Joris D'Incà tells finews.asia he has another challenge on his hands: finding talent.
BNP Paribas Wealth Management has rejigged its leadership in Asia into a more streamlined structure, finews.asia has learned, with the appointment of a new Hong Kong head.
Credit Suisse and Softbank are squaring off in a London court in the Greensill case. Now, the lawsuit faces challenges because its new owner UBS has client relationships with the Japanese financial conglomerate.
The US still holds a lead worldwide when it comes to compensation, although Asia has the highest range of salaries. finews.asia takes a look.
Singapore-based debt financing solutions provider Clifford Capital has hired a former JPMorgan banker as its new group chief.
HSBC has appointed a consultancy veteran and former KPMG partner as a member of its board.
The earning power of many Swiss private banks remains modest, according to an annual study. Hopes of wresting wealthy clients away from UBS, which is busy integrating Credit Suisse, are a tall order.
New York-based JPMorgan is reportedly making a fresh round of investment banking job cuts in Asia, amid persistently muted deal flows.
Investor pessimism in Chinese equities has peaked, according to Deutsche Bank which is calling now a good time to begin revisiting the market.
Malaysia’s Maybank is seeing growth in its family office business, supporting more than just efforts in establishing entities to manage money for the ultra-rich.
UBS is making headlines almost on a weekly basis with scandals and financial misdeeds inherited from Credit Suisse. Looking ahead, headline writers are unlikely to be any less busy.
The co-founder of fallen crypto firm Terraforms Labs has been sentenced to four months in jail in Montenegro.
Private equity giant KKR has announced a series of changes to its leadership team in Asia Pacific
UBS is facing fines in the hundreds of millions of dollars stemming from Credit Suisse's Archegos debacle. US, UK, and Swiss regulators have completed their investigations.
Geopolitics remains a very bumpy ride for the finance industry despite the US Secretary of State’s visit to China. finews.asia takes a look.
Japan’s financial regulator has reportedly reached out to top domestic lenders about geopolitical risks related to China.
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