The alternative investor has announced two new hires on the back of rising strategic and institutional demand in Asia for European renewables and real estate.
The alpine nation's wealth management industry's weakness was ruthlessly exposed in 2018: the number of private banks shrank dramatically, KPMG found.
Liechtenstein’s LGT reported a drop in first-half profit as revenues from services decreased while costs rose following a hiring spree. The bank, however, expects its business to grow further, not least in Asia.
The bank's first branch outside Ho Chi Minh City comes a year after the incorporation of UOB (Vietnam), the bank's Vietnam subsidiary.
PayPal-backed digital lender Tala has raised another $110 million to enter the Indian market, increasing the firm’s total estimated value to more than $750 million.
Banking regulators and investors in Southeast Asia sense the urgency to tackle climate change and environmental degradation, but banks in the region are slow to respond, the World Wildlife Foundation says.
SoftBank's brokerage unit plans to do something that has never be done in Japan's capital markets – allowing individuals to participate in initial public offerings by setting the amount they wish to pay, rather than by the number of shares.
Some of Hong Kong's largest banks have published full-page newspaper advertisements on Thursday urging for the restoration of social order, one week after some protestors call for cash withdrawals at banks and ATMs.
Fund of funds are becoming critical in China’s domestic market for diversification and, in particular, hedge fund exposure. But unsystematic performance-chasing from market players do not inspire confidence, UBS Asset Management tells finews.asia.
In the application submitted to regulators, Goldman said it would absorb the securities sales, trading and research operations currently sit in the business of its partner in the joint venture.
HSBC Holdings is considering a bid for Aviva's Asian operations, as it looks for ways to diversify its business in the region.
Two more banks are caught up in the criminal case against Huawei's chief financial officer, who is currently fighting extradition to the United States.
The Certified Financial Analyst program reached milestones in 2019 that extended beyond record participation rates including increasing gender parity, with Australia leading the trend.
Credit Suisse's top private banker, Iqbal Khan, is reportedly on his way into a similar job at crosstown rival UBS. The news follows his sudden exit at Switzerland's second-largest bank last month.
Formula 1 motor racing used to attract droves of sponsors from the financial industry. Today, UBS is the industry's last representative as a backer of the sport. How does its involvement fit with the drive to be a sustainable bank?
A multi-disciplinary team from Singapore's Nanyang Technological University (NTU) has launched a project that sees it use artificial intelligence and machine learning to combat money laundering.
OCBC is said to be shopping around for potential partners ahead of the introduction of virtual bank licenses in Singapore.
The firm will expand its footprint in Australia with its first offices there, which places it closer to clients and assets totaling AU$3 billion ($2.03 billion).
Major Korean asset manager NH-Amundi has launched a new fund that will invest in local suppliers that stand to benefit from Japanese export restrictions and donate part of the fees to local institutions developing such sectors.
While banks are beefing up their resilience against growing cyber threats, they are increasingly worried that external service providers might let them down.
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