Fintech Canopy appointed a business development manager to lead the expansion in Europe. The new hire will be based in Switzerland and responsible for expanding the Singaporean firm's markets.
A Malaysian politician and ex-client of UBS was arrested and charged with graft. The charges against him threaten to revive a decade-old probe for the Swiss bank.
The integration of the existing EY Asia-Pacific and EY Japan geographic areas reflects the globally connected nature of today’s business environment and the increasing inter-Asia regional trade opportunities.
Singapore’s DBS Bank delivered record third-quarter results on continued growth in loan, fee income trends and net interest margin progression.
Law firm Stephenson Harwood (Singapore) Alliance has strengthened its shipping and offshore finance practice with the appointment of an additional partner. He joins the firm from Ince & Co.
Banks including UBS and Vontobel see a lot of potential in offshore banking with rich U.S. clients. The business has never been tougher though, research by finews.asia reveals.
The first emissions platform for bankable crypto products has been launched by a Swiss fintech joint venture.
UBS, the bank with the best-established onshore private banking platform in China, is adding two more teams to its offshore platform in the country, finews.asia has learned.
Investor Rainer-Marc Frey used the recent turbulent times on the stock exchange to increase his stake in Leonteq, the derivatives platform, also present in Singapore, Hong Kong and Tokyo.
A hedge fund based in the U.S. has acquired a major stake in Deutsche Bank, the German banking giant. It comes as a welcome boost to the company.
Swiss Re posted a healthy nine-month profit despite paying out massive storm damage claims. The reinsurer will lose one of its top executives next year.
Three years after he unveiled his new strategy, the Credit Suisse CEO believes he has delivered on his targets. But now, Tidjane Thiam has to show that the bank can survive in a more challenging environment.
U.S. officials are bringing their first criminal charges in the 1MDB case. Prosecutors are going after two bankers, as well as the Malaysian man alleged to be at the heart of the scandal.
Troubled Swiss asset manager GAM is set to shutter an Indian equities fund. The retreat comes after its tie-up with a prominent Indian fund fell apart.
Singapore's wealth fund bulked up with a politician and a prominent financier in the city-state. The move is an attempt to replenish the sovereign wealth fund with fresh blood.
The Swiss bank's quarterly profit surged over last year's result, masking a loss for its trading arm and a slip in overall revenue.
Credit Suisse’s pretax profit in Asia Pacific declined by almost a fifth in the third quarter as a turbulent market resulted in lower client activity.
Aberdeen Standard Investments has expanded its Asian investment team with four portfolio managers joining in Shanghai and Hong Kong, further bolstering its China fixed income and equities expertise.
The head of UBS’ blockchain laboratory has decided to leave the bank after 15 years. He joined a fintech startup instead.
UBS is not making great inroads in the funds business and is pondering a move to buy growth for its asset management instead, according to media reports.
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