A veteran banker has announced his departure from Credit Suisse, where he was a director, and was named as Lombard Odier's new managing partner.
DBS launched the world’s first loadable QR red packets on 25 January to strong public interest. Since then, customers appear to have taken to the novel solution very quickly.
The Swiss bank returned to profits in the fourth quarter, marking a successful achievement of targets for CEO Tidjane Thiam. Credit Suisse's trading department remains a worry.
Credit Suisse is tapping a veteran of Pictet as well as a former Credit Suisse First Boston investment banker and China heavyweight for its board.
United Overseas Bank is launching its mobile-only bank in Thailand next week. It hopes to attract millennials across ASEAN and serve them over the next decade.
Swiss bank UBS tapped a well-known veteran to run the finances of its investment bank. The banker is the fourth person in the job in the last six years, finews.asia can reveal.
She will succeed Patrick Lee as its head of global banking, Singapore, following his promotion to CEO of its Singapore franchise in July 2018.
The two key hires announced will strengthen the firm's fast-growing business in Japan, following a record year for BDA in the country.
Following its merger with Stamford Law Corporation in 2015, Morgan Lewis is continuing its expansion in Singapore with the appointment of a new corporate director and corporate associate.
The Chinese Cybersecurity Law presents an unprecedented challenge to financial institutions with operations in China, as they need to assess their exposure and begin the complex transition, a study of EY reveals.
Temenos, a global software firm, has appointed a new chief executive officer. Following the replacement of the top executive, the company also decided on a broader reshuffle of its management team.
More than half of SMEs in Singapore, Hong Kong and Australia have experienced a cyber incident in the past year, a survey reveals. On average, a large majority of firms are not aware of all the cyber threats they face.
The Monetary Authority of Singapore has initiated a Corporate Governance Advisory Committee. Its key role is to advocate good corporate governance practices among listed companies here.
UBS is said to reduce the 2018 bonus pool for its investment bankers in Asia after a slump in equity offerings last quarter hurt fees, according to various media reports.
A Singapore-based private syndication platform has launched an investment product that allows individual accredited investors to access private equity deals for as little as S$5,000.
Vontobel expects difficult market conditions in 2019. The bank still hopes to achieve further growth through its push in U.S. and Japanese markets.
Private bank Vontobel has done well in 2018. Still, the Swiss-based banks decided to keep the dividend unchanged this year.
A previous employee at United Overseas Bank's London branch is suing for unfair dismissal, alleging that he was denied a new job because he is not Asian.
Background screening is often approached warily given the giant web of employment and data privacy regulations that surrounds it. Yet, when done right, it can safeguard organisations.
To curb capital flight, China's regulators are imposing tougher punishments on underground bankers moving money in and out of the country.
Page 642 of 1007
