The bank has apologized for comments made by its global chief economist after it drew criticism on social media and a state-run newspaper.
The Swiss central bank wants to make sure that the government doesn’t have to bail out one of the major banks ever again – 10 years after it jumped to the rescue of UBS. The big two seem to have made a lot of progress.
Gojek will be integrated within the DBS PayLah! app over the next few months, as DBS deepens its payment services partnership with Gojek in the region.
The Chinese technology giant is looking to raise some $20 billion in a secondary listing in Hong Kong.
Banks are hoping that the loans will translate to more profitable mandates like initial public offerings, but the U.S. trade war with China may provide hurdles.
The campus, which will be ready by 2019, aims to capitalize on Indonesia's growing digital economy by providing reliable, flexible and energy efficient data center services.
The city-state aims to grow its sustainable finance sector even further to contribute to sustainable economic development in Asia.
Hong Kong's anti-extradition bill protests have drawn many inquiries from private bank clients about moving their accounts out of Hong Kong.
Achiko, an Indonesian finance start-up, is seeking to list its shares in Switzerland. The company caters to clients in underbanked countries.
The independent asset manager and multi-family office is strengthening its UNHW capabilities with a new hire from the Bank of Singapore.
Her new role as vice chair of Greater China investment banking aims to bring the firm's two businesses closer in line with each other.
The British multinational bank has hired a new Asia Technology M&A team lead as it hopes to expand its investment banking presence in the sector.
The inaugural edition of «Wealth Report Thailand» reveals that holding an opulent wedding in Bangkok is cheaper than most cities.
Despite looming headwinds caused by the ongoing U.S-China trade war and slowing global growth, the international bullion community turned up in strong numbers at the third Asia Pacific Precious Metals Conference.
Grab is looking to enter Singapore's banking space as regulators are still working on the rules governing a virtual banking regime.
A long-standing senior banker for the ultra-wealthy at Julius Baer is moving to Pictet, finews.asia has learned. He is the latest in roughly two dozen defections to the Swiss wealth manager.
Allianz has hired a new CEO for its Life & Health business in Asia, who will be responsible for its P&L and functional development in the region.
The operator of Japan's messaging platform expects its fintech business to break even in one to two years.
In a bid to scale its financial services in the region, Grab is rolling out a co-branded credit card across Southeast Asia.
How do bankers broach the sensitive subject of succession planning and navigate the tricky situation of «retired but active» CEOs in Asia? finews.asia spoke with Lee Woon Shiu who recently joined DBS Private Bank, in an exclusive interview.
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