They developed a use case that focuses on compliance, efficiency and innovation, which was deployed to encourage better stakeholder engagement, reduce manual processes and ensure regulatory compliance.
Malaysian negotiators are reportedly targeting a $2-3 billion payment from Goldman Sachs for its role in the 1MDB incident – a significant discount from its publicly named figure of $7.5 billion.
The firm said it remains positive in its outlook for the performance of the business and does not require new funds to be raised for its current business operations.
Julius Baer appoints a new managing director senior advisor who was formerly a fixed income veteran from Bank of Singapore, finews.asia has learned.
A Singapore-based company gets recognition from its success in training on the job. See who is the winner of SwissCham's Award for Excellence in People & Skills Development 2019.
Chinese authorities are reportedly considering plans to replace current Hong Kong chief executive Carrie Lam with the city’s former central bank chief named as a potential successor.
UBS continues to act as a pioneering foreign bank in mainland China taking full advantage of the accelerated timeline for foreign ownership cap removals by seeking full control of its securities joint venture by 2020.
He replaces Lavanya Chari, who was appointed Global Head of GPS earlier this year.
Chinese fintech firm 51 Credit Card is being investigated for threatening delinquent borrowers by pretending to be fake government officials.
Responding to demand from the region, NCI Singapore has expanded its presence to Singapore and will engage with regulators to promote the values and interests of boutique asset managers.
Monetary Authority of Singapore and the China Banking and Insurance Regulatory Commission reaffirmed their commitment to boost cooperation through the signing of a memorandum of understanding and roundtable discussions.
MSCI’s CEO Henry Fernandez defended the global index provider’s inclusion of A-shares despite criticism from U.S. senator Marco Rubio about various concerns including capital injection to companies that have been federally blacklisted and accused of human rights...
China barely ekes pass the U.S. this year in becoming the leading home to unicorns – or startups valued at $1 billion or more – with minuscule margin of three companies.
Over 50 percent of the world's banks may not be economically viable when a downturn arrives, according to a survey by consultancy firm McKinsey.
Wealth management clients in Hong Kong and Singapore may have been overcharged, UBS said, adding that it is working with authorities and intends to reimburse affected customers.
UBS exceeded expectations in the third quarter despite a decline in profit from a year earlier. The bank didn’t however meet its own targets.
Singapore’s first multi-currency mobile wallet with a prepaid Mastercard announced that it has secured a Principal Licence from Mastercard and will assume the primary role of issuer and stored value facility holder of YouTrip accounts.
HSBC is reportedly setting up an asset management business in Malaysia in the midst of a major job-axing exercise.
United Overseas Bank (UOB) on Tuesday launched U-Solar, the first solar industry ecosystem in Asia to power the development and adoption of renewable energy across Southeast Asia.
M&G’s Asia Pacific head of intermediary channels is leaving the firm, finews.asia has learned.
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