The German lender has nabbed yet another banker – its twenty-first this year – for its Global South Asia business, bringing its total team strength to 80 bankers spread across Dubai, India, Singapore, and London.
Two former Coutts bankers were fined for botching the handling of illicit 1MDB funds. The penalty reveals juicy details of the British bank’s hand-wringing over the graft scandal.
Richard Li's FWD Group is boosting its U.S. dollar bond sales as it buys up assets in South-east Asia as part of its rapid expansion plans in the region.
Two months after his appointment as co-CEO of wealth management for Asia Pacific, BNP Paribas’ best-known China banker has resigned from his role, finews.asia has learned.
The World Bank has issued two tranches of catastrophe-linked bonds that will insure the Philippines against disaster-related losses of up to $225 million.
Nine do-gooder firms in Asia are taking home nearly $1 million (S$1.3 million) under this year's DBS Foundation Social Enterprise Grant Programme.
The outlook for Asian insurers is bright with one estimate that general agent assets will grow to nearly $1 trillion by the end of 2023.
Atlanta-based Intercontinental Exchange (ICE) is planning to launch bitcoin futures on December 9 in Singapore, following regulator’s new papers permitting the trading of derivatives tracking certain cryptocurrencies.
Julius Baer has hired a seasoned veteran, formerly the regional head of alternatives for Credit Suisse, to join its funds team.
M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired a $131 million (155.5 billion won) modern logistics center close to Seoul on behalf of its core Asian property strategy managed by Richard van den Berg.
A firm listed on the Hong Kong exchange issued a statement in an attempt to clear its name following claims of its involvement in Chinese intelligence and espionage activities in the city.
Grab is looking to tap the trillion-dollar wealth market across South-east Asia by offering low-cost investment products.
Singapore bank DBS acquired 40,000 clients in Hyderabad after just opening its office earlier this year with plans to accelerate growth through new customer touchpoints.
Chinese authorities tightened their grip on cryptocurrencies with regulatory campaigns launched in Shenzhen and Shanghai.
What is banker Juerg Zeltner up to at KBL? finews.asia outlines the six- to eight-year plan emerging – a bid by Qatar to recoup some of its $1.2 billion investment in the bantam wealth manager.
The dramatic events taking place on the streets of Hong Kong are sending an unequivocal message to the world: capitalism doesn’t work without a modicum of freedom. The former Crown colony has become the Achilles heel of mighty China, Claude Baumann writes on...
Although UBS chief Sergio Ermotti acknowledges greater growth headwinds for China and the broader Asia, he remains confident in the region's wealth creation story.
After establishing itself in London and Monaco, the firm, led by former Julius Baer managing director and head of key clients in emerging markets, wants to take its business to Singapore.
Warburg Pincus wants to divest its stake in Swiss software firm Avaloq next year. The U.S. investor has given the mandate to organize the transaction to two investment banks.
Despite the exits of its regional heads for Asia-Pacific, the bank said it «remains committed to trade commodities finance at the global level and in Asia.»
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