Assets under management at DBS’s wealth arm climbed to a new high and group chief Piyush Gupta noted that there was more cash readying for deployment.
The recent launch of Chat GTP prompts a big scramble by mainland big tech. finews.asia tries to find out what is going on.
One month after bans on online brokerage platforms, traditional brokerage houses are also reportedly being affected from Beijing’s crackdown on cross-border activities.
Swiss insurer Zurich boosted its Asia Pacific profits in 2022 to record levels while adding nearly half a million new customers in the region.
The wealth arm of DBS saw net new money inflows more than double in 2022, despite a challenging year that saw mass de-risking.
Despite a volatile year for markets, DBS managed to capitalize on higher interest rates to register improved profits from record revenues.
Despite a severe slump in equities and bonds last year, opportunities for positive returns remain intact. A long-term study by Pictet shows one effect, in particular, is having an impact.
Leopard 2 and Sky Shield: we must act. World history is taking place now, today. There’s no time for further dilly-dallying. History punishes those who come too late, Konrad Hummler writes in an essay for finews.asia.
In our somber-minded daily world of earning a living, we occasionally wander into a dream world of a living earned for us. This has led us into historical financial fantasies such as the South Sea Bubble, the Dutch tulip craze or the gold rush, and the internet...
There are more employees on the books than a year ago despite yesterday’s raft of announcements. What gives? finews.asia takes a look.
Financial services consultancy Synpulse has added a handful of new partners, most notably in Asia.
A former Singapore parliamentarian's digital asset firm has received regulatory approval to establish a presence in Switzerland.
A US-based online security provider finds that more than one-quarter of all cyber-attacks target financial services. finews.asia looks at the full price of a digitalizing industry.
Real estate giant JLL has announced the appointment of a chief executive for its hotels and hospitality group in the region.
Swiss fintech Leonteq with a substantial presence in Asia reported record results for a second consecutive year. It also said an executive is stepping down.
The new institute intends to become a central research hub tackling the crucial issues facing the industry, finews.asia discovers.
The Asia equity capital markets co-head of Morgan Stanley has reportedly retired after 15 years with the American lender.
Less complex, less risky, and more Swiss are the foundations on which the new Credit Suisse is to be built. But there is still a rocky road ahead.
While Credit Suisse has apparently succeeded in stopping the outflow of client funds, the bloodletting of highly qualified staff continues unabated. It could ultimately be the bank's undoing.
OCBC's Indonesian subsidiary recently filed a report against the owner and president director of local cigarette giant Gudang Garam.
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