The outlook for fintech in Asia continues to blossom and the latest memorandum of understanding signed by major players from multiple countries in the region is expected to further build the collaborative ecosystem between financiers and tech firms.
Major Philippines lender Union Bank has completed the first-ever blockchain-based remittance in the nation from OCBC in Singapore.
UK asset manager J.O. Hambro Capital Management appointed a new CEO for UK, Europe and Asia, the third one in less than four years.
Asia in 2019 continues breaking out of the nascency in sustainable investing, beating record after record with the latest near $1 billion green bond fundraising for a clean energy producer.
UBS is peddling a one percent advance in quarterly profit as a sensation – likely to relieve pressure on embattled CEO Sergio Ermotti. Instead, the Swiss banker wants to counter a revolution in finance with a slow evolution.
Switzerland's largest bank made inroads in areas which have caused trouble recently – but seems stuck in its flagship wealth arm. This doesn't bode well for UBS' second half.
UBS surprised investors with a favorable second-quarter result. Is CEO Sergio Ermotti prepared to bear the consequences of the numbers?
Technology and e-commerce disruptors such as Google, Alibaba and Apple are considered the biggest threat to banks, followed by payment players and Neo-banks, says Asia's bankers.
Finantix announces the first of a series of senior hires in the region in the midst of its global expansion with the addition of a country manager for Japan and South Korea.
iFast Global Markets is providing clients with real-time trading experience for a selected list of bonds via its newly launched mobile app.
UBS' quarterly profit edged higher after the Swiss kept spending in check. Both its flagship wealth unit and investment bank recorded lower profits.
If I had a dollar for every time I was asked about Barclays’s plans for Asia, I would quite easily meet their wealth threshold for new clients.
The 25 companies that debuted on China's new technology board rose an average of 140 percent in the first trading day, minting billionaires out of three company presidents. However, sharp falls were seen in most listed shares on the second day of trading.
Hong Kong’s anti-corruption watchdog has charged five more people in an ongoing investigation of major local insurance broker Convoy involving fraud valued at nearly $18 million.
The Swiss wealth manager took a financial hit from cutting dozens of jobs in recent months. The ranks of its private bankers also dropped, despite acquiring 20 advisers through a deal in Mexico.
Julius Baer boss Bernhard Hodler is leaving his successor, Philipp Rickenbacher, growth and spending problems. Life is about to get rougher for the Swiss wealth manager's influential private bankers.
UBS has appointed a veteran investment banker as its head of investigations. The move comes as the bank faces a lawsuit by a former graduate employee over her alleged rape by a superior at UBS.
The prostests and violence in Hong Kong are increasingly affecting businesses. To protect their staff, several financial institutions have taken unconventional measures.
The Monetary Authority of Singapore confirmed that its former chief data officer David Hardoon has relinquished his role to take on a newly-created role in the government body.
Following commitments earlier this month to remove foreign ownership caps, China is proceeding with a series of new policy measures aimed at opening up the nation’s financial markets including for foreign institutions to take stake or control entities in various...
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