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Wednesday, 29 October 2025
Wednesday, 29 October 2025

FINANCE Friday, 27 October 2023 12:25

Chinese Laundering Arrests Dominate Headlines

Recently, there has been a mounting number of money laundering arrests all over the world involving Chinese nationals and syndicates. A web of links is believed to extend throughout Asia and beyond.

FINANCE Friday, 27 October 2023 10:57

Nomura Rethinks Onshore Strategy in China

Growing losses onshore coupled with a market environment that has «changed dramatically» has led Nomura to rethink its China business, according to senior executive Kenji Teshima.

PEOPLE Friday, 27 October 2023 10:19

Swiss Banking and Soccer Converge on «Footbao» App

EFG board member Boris Collardi and Swiss men's national team coach Murat Yakin share a passion for soccer. They're investing in a soccer app that's approaching one million users in Brazil.

PEOPLE Friday, 27 October 2023 09:36

Knight Frank Names APAC Head of Living Sectors

London-based Knight Frank has announced the appointment of a head of living sectors for Asia Pacific. 

FINANCE Friday, 27 October 2023 09:13

The New UBS Also Bows to the Qataris

According to media reports, UBS extended a credit line worth billions of dollars to a member of the ruling family of the Emirate of Qatar, throwing a spotlight on the market region.

PEOPLE Thursday, 26 October 2023 15:58

Deutsche Bank Adds Ex-CS Relationship Managers

In recent months, Frankfurt-headquartered Deutsche Bank hired a handful of former Credit Suisse relationship managers in Singapore, including a managing director for Southeast Asia.

FINANCE Thursday, 26 October 2023 15:18

Taylor Swift Fans Fuel Record Credit Card Fees at UOB

UOB posted record credit card fees in the third quarter, fuelled in part by demand for tickets to Taylor Swift’s concerts in Singapore. The bank expects similar demand via upcoming performances by another superstar. 

FINANCE Thursday, 26 October 2023 14:47

More Chinese Laundering Suspects Arrested in Australia

Yet another suspected money laundering ring has been discovered, this time by federal police in Australia. 

FINANCE Thursday, 26 October 2023 13:02

StanChart Profits Tumble From China Impairments

London-headquartered Standard Chartered saw its profits fall in the third quarter due to impairments linked to the Chinese market.

PEOPLE Thursday, 26 October 2023 11:00

Nomura Cuts Investment Bankers in Hong Kong

Japan’s Nomura has reportedly offloaded a handful of investment bankers in Hong Kong, including those focused on China-related deals.

PEOPLE Thursday, 26 October 2023 10:09

Barclays Names Sustainable Banking Head for APAC

London-based Barclays has announced the appointment of a head of sustainable and impact banking for the Asia Pacific region.

FINANCE Thursday, 26 October 2023 09:12

UOB: Fee, Interest Income Climb Higher

Fee and interest income at UOB rose in the third quarter, according to the bank’s financial results, though profits stayed flat due to costs linked to the Citi acquisition. 

PEOPLE Thursday, 26 October 2023 08:43

M&G Appoints Head of APAC

London-headquartered M&G has announced the appointment of an Asia Pacific head and Singapore CEO.

PEOPLE Wednesday, 25 October 2023 16:08

Francesca McDonagh's Cosmic Leap to Universal Investment

Having left Credit Suisse after over a year, Francesca McDonagh joins a Frankfurt-based fund group as CEO.

FINANCE Wednesday, 25 October 2023 15:44

Country Garden: Bond Default Officially Declared

For the first time ever, bondholders officially declared that Country Garden had defaulted after failure to pay interest on a dollar-denominated note.

FINANCE Wednesday, 25 October 2023 14:46

Hong Kong Revives Investment-Linked Visa

As part of its efforts to «trawl for and retain talents», Hong Kong chief executive John Lee announced the government’s plans to implement investment-based immigration into the city. 

FINANCE Wednesday, 25 October 2023 11:50

Bhaskar Laxminarayan: «Investors Don’t Have Luxury of Waiting»

China’s financial markets could come back stronger and better in the future but investors have lost interest, at least in the short-term, according to Julius Baer’s Asia CIO Bhaskar Laxminarayan in a conversation with finews.asia.

FINANCE Wednesday, 25 October 2023 11:07

FTX Negotiates With Bidders for Reboot

Fallen crypto exchange FTX is eyeing a revival before the end of 2023. It is currently in talks with multiple bidders to reboot its trading business.

FINANCE Wednesday, 25 October 2023 10:34

Kaiko: Cryptocurrencies Being Delisted at Record Pace

Exchanges are removing tokens and trading pairs at a record pace this year, according to crypto market data provider Kaiko, in the midst of weaker appetite and regulatory pressures. 

FINANCE Wednesday, 25 October 2023 09:31

McKinsey: Asia’s Fintech Revenue Share to Shrink

The growth outlook for revenue generated by financial technology companies is optimistic, according to a McKinsey report, but various regions will fare differently, with the share in Asia expected to shrink.

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