Hong Kong-based Sun Hung Kai & Co. has hired a former Mirae Asset executive as a managing director.
Singapore-based DBS is bullish on its own earnings outlook, with expectations of more record-breaking numbers in the medium term.
Despite disappointing economic data, China’s outlook remains positive, according to Standard Chartered which advised investors to hold exposure to the country’s financial markets.
Credit Suisse’s second-largest shareholder is considering a lawsuit over the bank's sale to UBS.
A recently released document shows just how precarious the situation at the troubled bank was in the run-up to its rescue.
Switzerland’s largest bank, as well as government, must do their utmost to ensure that the Swiss financial hub fully recovers from the damage sustained by the Credit Suisse debacle. In a piece for finews.first, Beat Wittmann indicates what is needed to make the...
Cyberattacks on digital payments are on the rise in Asia Pacific in the midst of emerging alternative methods like mobile wallets.
The rise in the value of Bitcoin signals the start of the crypto spring and is not necessarily linked to this year’s banking crisis, the chair of Bitcoin Suisse said in an interview with finews.com.
Revenue growth at the top lenders in the Asia Pacific region was hit by extended lockdowns and the real estate crisis in China.
A panel overseeing credit default swaps said that the Credit Suisse Additional Tier-1 wipeout will not trigger an insurance payout.
Australian property demand from Chinese buyers is undergoing a sharp rebound, according to real estate firm Juwai IQI, with a continued positive outlook for the rest of 2023.
Hong Kong launches a pilot program for its own central bank digital currency in a bid to improve the speed and efficiency of payments in the city.
Uncertainty in US-China relations persists but the decoupling of the world’s two largest economies is «neither possible nor desirable», according to a Morgan Stanley research report.
Hong Kong and mainland China’s ultra-high net worth population fell in 2022 while their counterparts in Southeast Asia saw a rise, according to property consultancy Knight Frank.
Singapore-based digital asset investment firm Whampoa will enter the Bahrain market by setting up a digital bank.
Credit Suisse's takeover by UBS continues to generate all sorts of interesting numbers. finews.asia takes a look at some of the more adventurous ones.
A Singapore court has dismissed a jailed Angolan tycoon’s application to release funds at a Bank of Singapore account.
Talent outflows continue at Credit Suisse, this time with its Philippines country manager reportedly leaving to join Ayala Corp.
«Agile» Ralph Hamers was dumped by UBS as CEO in favor of Sergio Ermotti after it was forced to take over Credit Suisse in March. Hamers left a digital parting gift.
HSBC has hired an electronic fund transfer specialist as the new head of its mobile wallet business PayMe.
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