To stay competitive in the fintech era, traditional banks must open their capabilities to the market and work with partners to co-innovate, said the vice-president and chief innovation officer of WeBank.
Bank Julius Baer has announced the creation of two dedicated sub-regions for the Middle East, Africa and Turkey, and the appointment of the new leadership for them.
Private banks and wealth managers draw the line at clients who pilfer, swear or are otherwise badly behaved. Some firms are even putting together a more implicit framework of acceptable standards.
Banks need to stay competitive in the new era of fintech, especially as digital banks more technologically savvy and nimble. To nurture this shift, a change in culture is necessary, the chief of DBS Bank said.
While the age of entertaining clients at adult establishments has passed in the U.K., the U.S. and Europe, the practice is still thriving in Asia and is often a crucial part of doing business.
Hong Kong banks enjoy strong trust from consumers, but non-bank providers could make inroads on payments, a study from Accenture reveals. Banks need to quickly adapt.
While bitcoin and other cryptocurrencies have lost their lustre, blockchain technology still has important applications to banking and finance, but trust must first be built, says Yahoo co-founder Jerry Yang.
Deutsche Bank is confronted daily with merger rumors. The reports differ starkly on whom is talking to whom.
The bank has decided to cease paying lawyer's fees for its staff ensnared in the U.S. crackdown on hidden offshore accounts. The move is an attempt by Credit Suisse to reduce its risks.
The star investment banker isn’t getting the CEO job he so covets because Santander can't afford him. Andrea Orcel fell prey to ill-conceived and often absurd circumstances.
You read that title right. Criticism of the German lender – the bank everyone loves to hate – has moved past the rational to the ridiculous.
As competition in the e-wallet space heats up, Western Union in collaboration with Travelex, have co-located Western Union money transfer services within worker dormitories across Singapore.
DBS Bank is part of Bloomberg's Gender-Equality Index for the second year running, amongst one of 230 companies selected worldwide.
Credit Suisse shares have lost more than 80 percent of their value over the past two decades. How could this happen, in a world that in other ways has become a much better place?
Credit Suisse is catching a break in a billion-dollar Mozambique loan scandal. British regulators are relaxing their part of a probe into the matter.
How will the world’s richest couple split a $135 billion fortune tied up largely in a U.S. technology firm? finews.asia looks into Jeff Bezos’ mistakes in love and divorce – and the lessons for private bankers.
Aberdeen Standard Investments paid $13 million for a minority stake in Singapore Life, extending its partnership with the digitally focused insurer.
Grab Holdings has partnered with ZhongAn Online P&C Insurance Company to distribute insurance digitally across Southeast Asia.
Banks may be able to catch up with big technology firms in terms of client acquisition as the latter group loses customer «float» and face tighter financial regulations. Some believe the era of big payment giants is going.
Digital asset custodian Onchain Custodian will open a Singapore office next week. The company will aim for the absolute safe for digital asset custody.
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