While made of real gold, these bars carry reproductions of hallmarks of renowned manufacturers and forged serial numbers. These bars are used in order to avoid rules to prevent money laundering and trade in conflict minerals.
BNP Paribas Wealth Management loses three senior Greater China private bankers, sources told finews.asia, after shortlived stints of under 12 months.
Maybank Singapore is considering to apply for one of the five digital banking licences to be unveiled in Singapore. The final decision depends on having a value proposition.
Liechtenstein's princely family is proud of its philanthropic activities – but fell for an alleged fraudster when it was building its impact arm. It is now getting a fillip from billionaire George Soros.
The bank is the first to get the approval of authorities to conduct digital banking activities in the special economic zone, and will use this to build a digital financial ecosystem that services customer needs.
A high court judge in Hong Kong ordered the continued freeze of assets belonging to individuals suspected of a «large scale and highly organized manipulative scheme» that at one point led GEM-listed Ching Lee share prices to plummet 90 percent in one day.
The planned collaboration between India's National Stock Exchange (NSE) and the Singapore Exchange (SGX) received regulatory approval last week for trading stock index-based products from Gujarat International Finance Tec-City (GIFT).
EFG International replaces former Asia Pacific chair, Tee Fong Seng, with a 40-year veteran and ex-CEO of DBS in Hong Kong.
Despite the noise surrounding Singapore being a beneficiary to Hong Kong outflows, the housing hoopla is overhyped, according to a recent research report, which said that sales dropped more than 60 percent year-on-year.
Singapore is attracting increased attention from Hong Kong investors and may increasingly be viewed as a safe haven given the challenges some other global destinations are facing, according to a new report published by Cushman & Wakefield.
Thai billionaire Dhanin Chearavanont went on an advertising splurge to join other fellow billionaires' call for an end to protests in Hong Kong.
With the new hire, the Swiss banking software company hopes to strengthen its focus on Asia and capitalize on its strong momentum in the region.
In the midst of ongoing protests and the U.S.-China trade war, the Hong Kong Monetary Authority has updated its emergency funding framework and introduced a new facility to support banks in the case of an unexpected liquidity crunch.
The firm hopes to capitalize on the booming e-commerce market in the country by offering protection against loss or damage during transit.
A reshuffle at the top of Malaysia's government-linked companies continues at the country's largest state-owned fund.
The effect on A-shares from U.S. President Donald Trump’s Twitter tariff announcements are waning, said «Global Times» citing improved investor confidence and over-exaggerated economic expectations.
The rapidly growing fintech industry is demanding more talent but not unlike other sectors, it also faces various challenges regarding gender issues, especially in Asia. So which fintech markets are the most attractive for female talent?
The specialist insurance provider and Lloyds of London coverholder adds an industry veteran to its advisory board.
The bank is hoping to capitalize on the rising trend of frequent traveling among the younger generation and the high share of rebates and reward card users who are also keen travelers.
Afraid to get caught in the cross-hairs, are banks «retreating from the crisis»?
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