ASEAN Financial Innovation Network's managing director talks with finews.asia about how he wants to help fintechs and financial institutions quickly prototype solutions.
The 1MDB corruption scandal still rumbles on: a Swiss court partially upheld an appeal against the confiscation of gains that BSI bank made through transactions of 1MDB assets. Judges said the banking regulator's estimate of the gains was «incomprehensible».
Australian regulators will ban telephone sales of life insurance after an inquiry into cold calling found egregious acts of misconduct.
The U.K.-based fund manager, which demerged from parent company Prudential in October, has formed an Asia Pacific private credit origination team based in Singapore.
Chinese smartphone giant Xiaomi expands its footprint in India – its largest overseas market – with the launch of online lending services.
Arrested crypto expert Virgil Griffith allegedly told sources it would be «very cool» if North Korea mined ether.
UBS and Credit Suisse have courted the richest of the rich for many years – it became an end in itself. Now, the signs are that a rethink is underway.
An estimated 80,000 members across various companies covered by its employee benefits business are affected.
The former chief economist of Bank of Communications spoke out about his forced resignation, describing a new wave of censorship and discrimination against Hong Kongers.
Incoming chief executive of Nomura, Okuda Kentaro, said he wanted to accelerate the firm’s reforms with sources claiming a focused drive on the domestic business.
The company has appointed a marketing executive who joined the company in 2012 to head its operations in the region.
China’s state-owned Peking University Founder Group missed a bond payment, despite its a high credit rating, citing a liquidity crunch as the major reason.
Hundreds of jobs at GAM are reportedly at risk – as the asset manager's new CEO seeks more dramatic cost cuts.
A Swiss fintech birther is expanding to Asia, with the help of a prominent private bank.
The two banking giants – and arch-rivals – teamed up on a first for blockchain in finance. Germany's Deutsche Boerse was the midwife.
Global equities have done well this year on the back of expanded price-to-earnings ratios, but investors should not expect it for another year, says UOB private bank. Clients could continue to get decent returns from Asia's high-yield space.
HSBC Jade invited clients to a trip traditionally reserved for senior staff and private banking clients to promote climate change awareness.
China Guangfa Bank will use voice recognition technology for identity authentication, in yet another move to accelerate the nation's adoption of financial technology.
Foord Asset Management is boosting its fund distribution reach from Singapore with the hire of a senior staff.
The Asian Development Bank’s successor, Masatsugu Asakawa, said he was open to discussions about phasing out loans to high and medium income borrowers such as China.
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