Payments provider Visa has invested in ride-hailing player Gojek as part of its Series F fundraising round as the latter rolls out payments services via Go-PAY across South-east Asia.
Thai wealth management startup, Jitta, will expand to Singapore and India with $6.5 million of venture capital funds.
The Swiss wealth manager has decided on a successor to Patrick Odier. The long-standing senior partner isn't in a hurry to hand over to his crown prince.
The investment market of wealth and asset managers were deemed too «elitist», says Singapore-based fintech Syfe which recently raised $3.8 million from seed funding.
Credit Suisse is poaching a top investment banker in the Middle East from Goldman Sachs. At the American firm, the dealmaker maintained stellar connections to Saudi state-backed firms.
Andrea Orcel may come out on top despite the CEO job at Santander slipping through his fingers – at least financially. finews.com looks at the three key questions facing the ex-UBS heavyweight.
With cloud-based solutions readily available for challenger banks and startups to tap on, banks must quickly decide who they want to serve, says Alex Twigg, co-founder of freshly-approved Judo Bank.
Newly freed capital from cost-cutting at Deutsche Bank could be redirected to its Asia business including corporate banking and wealth management.
Bank of Singapore has been finding success in securing recurring income through its discretionary portfolio management offering, which saw total assets grow 40 percent over the last two years.
Citi hired around 30 bankers to its Southeast Asia team to capitalize on robust growth fuelled in part by the ongoing US-China trade war.
Pictet hires a new chief operating officer for its North Asia wealth management unit.
Pictet Wealth Management will seek growth in Asia by hiring with expectations to double the number of private bankers in several years.
Ten months after a scandal surrounding star fund manager Tim Haywood surfaced, battered asset manager GAM buried the fund by returning funds to investors.
Swiss- and Singapore-based Crypto firm Sygnum, which is vying for a banking license, is enlisting the help of UBS' former boss.
The latest of returned gifts from alleged 1MDB mastermind Low Taek Jho included a vintage poster of «King Kong», a Jean-Basquiat drawing and several luxury watches.
Deutsche Bank made the point with Teutonic precision last week when it affected a reorganization of the bank that will make 18,000 employees redundant. Although it is widely speculated that this is the largest culling in financial services since the Lehman...
Nomura's New York-based arm will repay $25 million to its customers for allegations that it failed to adequately supervise traders that made false claims to clients while pushing mortgage securities.
As boutique wealth manager Rothschild & Co winds down its Asia presence, its former head resurfaces at another firm, as finews.asia can reveal.
Don't be misled by headlines that Deutsche Bank will cut 18,000 jobs, as the German bank should have done that already ten years ago. Much more drastic measures should be taken today, Beat Wittmann writes on finews.first.
A technology firm is shopping musical assets to super-rich investors. The new investment class offers juicy returns – and unconventional risks.
Page 598 of 1007
