UBS is restructuring its private bank, the first major move under new co-head Iqbal Khan, finews.com has learned. The move dramatically reduces the influence of two veterans of the bank.
Jho Low, alleged financial mastermind in a $4.5 billion Malaysian graft scheme, resurfaced from hiding. He is pleading his case not with prosecutors, but with a broadsheet.
Singapore investment managers ranked the state of U.S. - China relations as their top concern this year, according to a recent survey by the Investment Management Association of Singapore.
Singaporean insurer, Singlife, appoints a fintech veteran as its new deputy chief executive.
The Singapore Business Federation's announced bid for Singapore's digital banking license via a consortium has raised questions of impartiality and confidentiality amongst the business community.
Standard Chartered ups the transparency of global payments with the introduction of a public portal for real-time tracking.
One in three small-to-medium-sized enterprises in Singapore held a negative outlook for their business in 2020, according to a survey by UOB.
Hong Kong Exchanges and Clearing chief executive Charles Li Xiaojia rejected claims that the semi-autonomous city’s glory days are numbered instead declaring that an even more vital role lies ahead for the bridge between east and west.
2019 mergers and acquisition activity in Asia Pacific, excluding Japan, reached the lowest levels in five years, according to Dealogic data, fuelled by a global slowdown and an ongoing U.S.-China trade war.
A consortium made up of AMTD Group, SP Group, Xiaomi Finance, and Funding Societies has applied for a digital wholesale banking license in Singapore.
China’s central bank pledged more financial support for small and micro businesses in the midst of the slowest growth in three decades.
The Monetary Authority of Singapore received 21 digital bank applications, the regulator said on Tuesday.
Natixis has appointed a new Head of Sponsor Finance, Asia, Corporate & Investment Banking, and a new Head of Mergers & Acquisitions, Asia Pacific, Corporate & Investment Banking.
Prudential Vietnam Assurance, a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank (SeABank) have entered into an exclusive bancassurance partnership with a 20-year term.
Regulators from Singapore and China held a roundtable and agreed to expand cross-border capital market activities and supervisory cooperation.
T. Rowe Price has hired a consultant relations manager for Asia – a newly created role to cater to the regional market.
United Overseas Bank Limited (UOB) announced that its investment management subsidiaries are now signatories of the United Nations (UN)-supported Principles for Responsible Investment (PRI), signaling its commitment to responsible investing.
BNP Paribas announced its plans to launch an electronic FX pricing and trading engine in Singapore in a move to further improve efficiency and liquidity in the city-state’s market.
Despite weekends spent indoors to avoid protests and tear gas seeping into air-conditioned homes, Hong Kong’s 650,000 expatriates are reluctant to leave. finews.asia’s Shruti Advani investigates.
Credit Suisse adds to the wave of foreign participation in China’s landmark opening of its financial sector with the expansion of its prime services team for the market.
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