Nearly half of consumers in Hong Kong would be willing to share significant personal information with their bank or insurer in exchange for lower pricing on products and services.
Two industry bodies signed a memorandum of understanding to further strengthen opportunities in the fintech sector.
Francisco Fernandez started Avaloq from a small buyout of a five-member computer department team of a bank, turning it into a giant in software. He speaks to finews.asia about his entrepreneurial journey so far.
Pine Capital said it was suspending trade in its shares after «numerous allegations» about its operating subsidiary, Advance Capital Partners, including conflict of interest and lapses in internal controls.
The wages at the best-known banks in Switzerland have gone into a slow decline. One company, however, still awards its staff outstanding remuneration packages.
China has long been identified as a strategic market for Standard Life Aberdeen. Its latest approval is the next step to increase the footprint.
Private banks are courting the wealthy with deals open only to a select few. The only problem is that few wealth managers are equipped with the necessary expertise.
The German lender's European wealth boss is launching a hiring offensive that includes poaching from Goldman Sachs as well as Credit Suisse, his former house.
The chief innovation officer of China's first digital bank expounds on its open banking approach, saying that traditional banks should pay attention to this if they want to remain competitive.
UBS is convinced that sustainable investments will seep into wealth management. However, the bank is somewhat flexible on what exactly warrants the label.
The inaugural report outlines MAS’ enforcement priorities and details the actions taken against breaches of rules and regulations in 18 months to December 2018.
The two big banks UBS and Credit Suisse have appeared on the radar of non-governmental organizations concerned about climate change. The negative publicity comes at a time of heightened attention surrounding the issue.
CEO Sergio Ermotti is telling investors to hold tight: UBS faces headwinds in both its flagship wealth arm and at the investment bank. The Swiss bank flagged countermeasures.
Developed in-house, UBS' new gaming app is targeted at building financial literacy among children.
Despite the rise of mobile wallets and digital solutions, many women in Asia are still facing barriers to being financially included. Speakers at the Money2020 Asia shares the challenges and opportunities.
Joerg Gasser, the Swiss government's former top diplomat for financial services, is the new head of the Swiss Bankers Association, an industry lobby.
Firm makes a push into lending and insurance, and aims to become Southeast Asia’s largest merchant network, insurtech policy provider and fintech lender.
Doing good has always been part of being human. In the past, institutionalized philanthropy has experienced a major boom, with many new foundations springing up, Vontobel's Alex Fung writes.
Private bank J. Safra Sarasin refuses to comment on a lawsuit in Hong Kong but persons familiar with the matter talk to finews.asia.
Bankers typically study finance, economics, math, or computer sciences. Goldman Sachs boss David Solomon looks for a surprising key skill that isn't specifically taught in any of those disciplines.
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