Thursday, 28 March 2024

FINANCE Monday, 5 June 2023 09:21

UBS Holding on to Spanish Business

A few years after selling its own wealth management business in Spain, UBS will soon be serving wealthy clients on the peninsula again. 

FINANCE Friday, 2 June 2023 17:09

Hong Kong Insurance Sales to China Visitors Spikes

Hong Kong’s insurance sector is seeing the positive effects of China’s reopening with a nearly 27-fold increase in sales to visitors from the country. 

FINANCE Friday, 2 June 2023 14:58

The Dark Side To Artificial Intelligence

As the use of artificial intelligence is spreading, it is becoming a threat to financial markets. Several banks have already banned it.

FINANCE Friday, 2 June 2023 11:44

MAS Issues Major Payment License to Crypto.com

Crypto.com has obtained a major payment license from the Monetary Authority of Singapore, growing the number of such players in the city-state to over a dozen.

FINANCE Friday, 2 June 2023 10:19

Value Partners Welcomes Strategic Shareholder

Hong Kong-based asset manager Value Partners welcomes a strategic investment by Chinese financial firm GF Holdings.

PEOPLE Friday, 2 June 2023 09:37

Deutsche Bank Hires Southeast Asia Vice Chair

Deutsche Bank has hired a former Credit Suisse executive as its Southeast Asia vice chairman.

FINANCE Thursday, 1 June 2023 20:34

UBS Wealth Vet Joins External Asset Manager

Singapore wealth manager Marcuard Heritage hires a former UBS private banker with over 30 years of experience.

FINANCE Thursday, 1 June 2023 16:29

StanChart: Greater Bay Area is Fit for CBDC Pilots

Given the Greater Bay Area's cross-border nature, the 11-city megalopolis is fit to host central bank digital currency pilots, according to a white paper by Standard Chartered and PwC China.

PEOPLE Thursday, 1 June 2023 15:05

Mayer Brown Appoints Asia Chair

Global law firm Mayer Brown has announced the appointment of a new chairperson for Asia.

FINANCE Thursday, 1 June 2023 12:50

UBS: Geopolitics is Top Worry for Asia Family Offices

Nearly one-third of family offices in the Asia Pacific region named geopolitics as the top concern, according to a UBS report, partly reflecting rising tensions in US-China relations.

FINANCE Thursday, 1 June 2023 10:40

Jamie Dimon on China: «There’ll Be Less Trade»

JPMorgan's Jamie Dimon echoed statements made by US officials about the future of relations with China, including expectations of reduced trade.

PEOPLE Thursday, 1 June 2023 09:30

Prudential CFO Resigns After Conduct Probe

London-headquartered Prudential’s chief financial officer has resigned from the insurer following a code of conduct investigation. 

FINANCE Thursday, 1 June 2023 08:12

Family Offices: Private Deals Are Losing Their Shine

In other regions of the world, the heads of family offices are much more upbeat than in Europe. Everywhere, however, the belief in alpha remains unshakable.

FINANCE Wednesday, 31 May 2023 16:27

JPMorgan to Shift Asia Focus to Japan, Australia

New York-based JPMorgan to shifting its regional focus in Asia to invest more in Japan and Australia amid ongoing challenges in China.

FINANCE Wednesday, 31 May 2023 16:02

Credit Suisse Shares Breach NYSE Rules

Credit Suisse's takeover by UBS has impacted Credit Suisse's shares on the New York Stock Exchange. 

FINANCE Wednesday, 31 May 2023 15:13

Credit Suisse Scraps Onshore Plans in China

Zurich-based Credit Suisse will reportedly abort plans to set up an onshore bank in mainland China to avoid potential regulatory conflicts caused by the merger with UBS.

FINANCE Wednesday, 31 May 2023 14:47

Bowtie Tops E-Insurance Sales in Hong Kong

Hong Kong virtual insurer Bowtie has topped the ranks in direct sales to customers with no intermediary involved, with around one-third of market share in the channel.

FINANCE Wednesday, 31 May 2023 12:42

Foreign Bank Expansion Slows in Mainland China

The opening of China’s financial sector has hit a speed bump, particularly amongst US banks, due to a changing business environment. 

PEOPLE Wednesday, 31 May 2023 11:29

BNY Mellon Appoints Singapore Chief

New York-based BNY Mellon has announced the appointment of a new chief executive for Singapore. 

FINANCE Wednesday, 31 May 2023 09:44

Malaysia Said Jho Low Sightings in Macau Confirmed

An anti-graft agency in Malaysia reportedly said that several individuals have seen the alleged mastermind of the 1MDB scandal, Jho Low, in Macau.

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