A former managing director at EFG International is suing the bank for what he claims is unfairly being sacked. The case brings unwanted attention to the bank's business with Russia's wealthy and powerful.
Chinese tourists can use Alipay at major London attractions such as Madame Tussauds and River Cruise under a partnership deal. The agreement is the latest in a series signed in Europe.
Consulting and investment firm Mercer is bolstering Singapore investors fund research with the launch of a new analysis service.
The untimely death of Wang Jian, the co-founder and chairman of troubled Chinese conglomerate HNA Group, piles more pressure on the firms investment strategy.
Tezos, the cryptocurrency project embroiled in controversy after raising a record $232 million last year, has moved towards launching. The step follows an arduous months-long battle over control.
Indosuez Wealth Management has rebranded its private banking services business. What was behind the move?
Jho Low, alleged to be the financial mastermind behind siphoning millions from Malaysia's 1MDB, has had his Malaysian passport cancelled.
Credit Suisse will pay $30 million to settle allegations it bribed Asian officials by hiring their friends and relatives in return for business. The fine follows one levied last month by U.S. justice officials.
Cryptocurrencies are not – as is widely believed – a prerogative of the many, but in the hands of a very few people, Hyun Song Shin, chief economist at the Bank for International Settlements, tells finews.asia.
The Swiss central bank's head in Singapore is returning to Zurich, where he has clinched a major promotion.
Bankers are rather well paid. How much frustration will they put up with before considering a career change? Ex-HSBC banker Stephan Peterhans and headhunter Robert Zimmermann in an interview.
Dirk Klee, the operating head of UBS' private bank who was unceremoniously shunted aside in a revamp earlier this year, has resurfaced at a British rival.
China’s desire to open its financial markets has ramped up as two significant hedge funds receive onshore product approval.
Vontobel, a Swiss private bank, is expanding its business to serve the mass affluent. The move is a diversion from its tradition of solely serving the region's wealthy.
The fintech sector has fueled nearly one-quarter of new jobs in Singapore's financial sector in the last two years. The life insurance industry saw double-digit growth in the same period.
The Singapore financial regulator is looking into new information about corruption at Malaysia's state fund 1MDB. Individuals linked to the fund won't sleep easily.
Corporate services firm Intertrust has beefed up its Hong Kong management team. It is also expanding in the region.
Aviva Investors has moved to strengthen its institutional offering in Asia. The asset manager is eyeing a bigger slice of sovereign wealth fund assets.
Malaysian prosecutors have levied charges against former prime minister, Najib Razak, in connection with the state fund 1MDB.
Japanese finance giant Mitsubishi UFJ Financial has ambitious plans for its wealth business. The bank wants private wealth to become a key revenue driver.
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