A U.S. immigration consultancy has seen accelerated demand from Hong Kong’s ultra-wealthy families to seek «comfort and safety» amid a persistently escalating political conflict.
Oversea-Chinese Banking Corp is weighing a bid for Standard Chartered’s Indonesian bank. The move could create the country's fifth-largest lender.
The Monetary Authority of Singapore has issued prohibition orders to three formerly licensed individuals for insider trading, following their recent jail sentence.
Switzerland’s biggest bank is on solid footing, highly profitable, and pays rich dividends – yet its stock fell to a seven-year low. What’s going on?
The bank is on a recruitment spree in Hong Kong and Singapore as it hopes to increase its private banking assets by 50 percent to $100 million in the next three to five years.
She will be responsible for the U.K. asset manager's business development in North Asia, including primary target markets Hong Kong and South Korea.
KBL boss Juerg Zeltner is recruiting a former top executive of Credit Suisse to build up the Luxembourg wealth manager's Swiss business, finews.asia has learned.
The two new board members will help the bank accelerate its business transformation in Singapore and deepen its foray into the digital space.
Capital Group makes two new hires to bolster its digital capabilities in Asia Pacific, amid trending financial technology growth in the region.
The ultra-wealthy look to be preparing for a market storm. From gold Christmas tree baubles to handy gemstones, the rich are finding inventive ways to escape the turmoil – as well as rising fees to keep cash at the ready.
Saxo Market's Asia Pacific CEO, Adam Reynolds, told finews.asia that private banks and wealth managers shouldn’t waste time and hundred of millions of dollars building product platforms from the ground up and focus on their real strengths instead.
Former Prime Minister of Malaysia, Najib Razak, has failed in his last attempt to delay the 1MDB trial after a unanimous call by five judges upheld the decision to continue holding the trial on August 19.
The son of a wealthy Indian family allegedly drove a newly gifted BMW from his father into a river to express discontent from not receiving a Jaguar instead.
HSBC is currently looking for a new CEO. One of the candidates is Andrea Orcel, ex-UBS, but he has to fend off a number of reputable rivals also eager for the top job.
Major Asian digital payment tech firm QFPay has raised another $20 million from both existing investors and a new list of renowned names including Sequoia Capital and Rakuten.
The Association of Cryptocurrency Enterprises and Start-ups, Singapore invites the public to give feedback on its newly developed practices, which aims to promote best practices to strengthen regulatory compliance for the digital asset industry.
Asia's private bankers are sometimes seen as glorified dog walkers or errand runners for wealthy families, but Citi Private Bank hopes to change that perspective as it woos more family offices as clients in Singapore.
Juerg Zeltner, UBS' ex-top private banker, is adding another big wealth management role, finews.asia has learned. The new gig deepens his ties to tiny but oil-rich Qatar.
A holistic focus that encompasses the various needs of wealth clients across consumer, private, corporate and investment banking has been key to driving success for Bank of Singapore's Greater China business.
Major real estate tycoon and billionaire Peter Woo has voiced out against Hong Kong’s protestors urging them to take gains and retreat, citing the government’s willingness to suspend the extradition bill.
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