The top executives of the big banks have been known for their fundamental opposition to the use of cryptocurrencies. But now, the tide has turned and even the big Swiss banks are displaying signs of a rethink.
U.S. asset manager Fidelity Investments recently hired from Julius Baer. Now, the Swiss bank poached from Blackrock to replace the vacancy.
Aberdeen Standard Investments poached a new head in Hong Kong from a family office. The Scottish asset manager wants to win a part of assets flowing in and out of China.
finews.asia wishes all readers in Singapore a happy August 9th National Day. Here are five interesting things you could do on your holiday.
The controversial Tezos cryptocurrency project ensnared Bitcoin Suisse in a U.S. court case. Now, the crypto trading platform has notched up a key victory.
VP Bank has poached an industry veteran from Indosuez as its head of private banking in southeast Asia, several sources told finews.asia.
Credit Suisse hired a team of four bankers from a rival Swiss bank for its Singapore office to take care of wealthy Indonesian clients.
Malaysia's former leader was formally charged with money-laundering $10 million linked to 1MBD that ended up in his personal coffers.
At Singapore’s main post office, visitors can now buy sneakers, tarry over a kopi, or climb the city-state's largest bouldering gym. Does the same fate await bank branches?
HSBC Private Bank Switzerland widened its first-half loss as it attempts to put the Falciani case behind it.
With second-quarter results out for the three home-grown Singaporean banks, two things have become apparent: they are doing very well for the moment but all expect business to slow gradually.
The mystery of GAM's bond fund collapse deepens with reports of traders working the phones shortly before the Swiss asset manager suspended a star portfolio manager.
Family-controlled Reyl named a former Lombard Odier private banker as its fifth partner. The appointment reflects the growing importance of digitization in the Swiss bank's strategy.
The allegation about the rape of a UBS employee by her manager in London has prompted the interest of the U.K. financial market authority.
Oversea-Chinese Banking Corporation, the Singapore-based financial services group, reported a robust second quarter. It signals a more challenging environment ahead.
Swiss Re, the world’s second-largest reinsurer, achieved a lower-than-expected profit in the first half of the year. The company mulls an initial public offering for its Reassure business.
United Overseas Bank, the Singapore-based financial services institute, has had a hugely successful second quarter and promised to reward its shareholders. It has also turned its attention to digital banking needs.
While the Credit Suisse boss sails from success to success internationally as he nears the end of a grueling three-year revamp of the Swiss bank, he remains unappreciated in Switzerland's business community.
Swiss banks in general refuse to accept money that was generated through business involving cryptocurrencies. Two firms however are the exception to the rule.
Damage limitation is the flavor of the day over at Switzerland's GAM. Question however is whether the potential closure of the flagship fund isn’t simply the beginning of the end.
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