As we wind down for the year, finews.asia is greatly thankful for the support of its readers and media partners. This prompts the team to think: How do we survive as a small online news portal?
Citi is bolstering its Consumer Banking business in Hong Kong with two senior appointments, effective immediately.
Several private banks have been bought and sold in recent months in Switzerland. finews.asia provides reasons why consolidation will likely continue in 2019.
With pretax losses in four of the five past quarters in Europe and difficulties compounded by Brexit, the financial services group looks to redirect its resources to Asia and the United States.
As part of its Silver Years programme, OCBC Bank has rolled out new service that lets Singapore citizens and residents aged 21 and above prepare a basic will online for free in only 10 minutes.
This year's turbulent stock markets made private banks' clients even more careful than they had been since the financial crisis. For the banks themselves the downturn means that growth will remain elusive.
With relaxed restrictions on how wealth management product funds can enter the shadow banking sector, the country’s largest lenders are launching independent wealth management units.
China has seen a sharp rise in online investing in recent years, but as shadow banking defaults increase, many investors are seeing their life savings wiped out.
Tim VanTassel, General Manager for Risk at analytics software company Fico, shares three areas of tactical concern within consumer banking that executives will make progress addressing in 2019.
All major central banks have come under pressure to adjust their monetary policy and to meet all sorts of demands that don't fall under their mandates. The dangers are there for all to see.
Emerging market currencies and other assets are likely to continue to weaken in 2019, Jason Daw, head of emerging markets strategy at Societe Generale, said recently, tipping three reasons.
Happy Holidays! It’s amazing, but 2018 is quickly drawing to a close. It’s hard to believe we are almost on the eve of 2019.
The cryptocurrency market collapsed spectacularly in 2018, but A.T. Kearney predicts that Bitcoin will regain nearly two-thirds of the crypto market cap it had previously lost.
Token Economy Association has tied up with Singapore Polytechnic to launch the first blockchain course for working professionals as it foresees a rising demand for blockchain developers.
With the election of Donald Trump, climate protection is exposed to strong headwinds. What does this mean for financial institutions? New research results reveal surprising findings.
Credit Suisse and three further major banks may have coordinated their bond pricing for years and the European Union has now initiated a probe into the activities.
Credit Suisse hopes that attracting the new internationally minded and technologically savvy generation of Australian investors will help the bank avoid the fate of UBS.
Investment bankers are leaving Deutsche Bank in Hong Kong and Singapore in droves, many of whom are decamping to rivals. At the same time, the bank has been hiring replacements.
Singapore has issued stiff penalties against a former Goldman Sachs banker who was involved in the scandal surrounding Malaysian state fund 1MDB.
The financial software company’s new chief is expected to drive Finastra’s continued growth as it moves towards a platform and subscription-based business.
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