EFG International has poached from rival Julius Baer for its top Hong Kong job. The hire follows a shake-up as EFG's long-standing head in Singapore heads into retirement.
Nets, an electronic payment provider in Singapore, said merchants can get terminals within one day upon submitting an online application form. The company hopes to get more customers to use its cashless services.
Malaysia has moved to make a first arrest in connection with the investigation into corruption at the country's state fund 1MDB. The arrest order puts more pressure on the ex-prime minister.
U.S. banking giant Citi is about to launch a natural language chatbot in Hong Kong, having gathered some first experience with the new tool in Singapore.
First came fintech then insurtech followed by regtech. The real state industry in Asia is joining the fray with proptech.
Commonwealth Bank of Australia will spin off its wealth management units and review its general insurance business to focus on its core banking activities.
China has now reached an eye-watering level of bank card distribution. What's next?
The merger of UBS' private bank with its brokerage in the U.S. is proving harder than planned. Just five months in, one of the biggest savings measures out of the tie-up has reportedly fizzled.
Malaysia has a new central bank governor: a former investigator into 1MDB will assume the role as top monetary policy official.
The European banks with large U.S. operations have all passed the first part of the Federal Reserve stress test. The second part will be mainly relevant for shareholders.
Governments across Asia are encouraging their populations into becoming cashless societies. But not everyone can cope.
The Chartered Financial Analyst, which is sought after in the financial industry, is more popular than ever - especially among women.
Veteran investor Jim Rogers is taking a bet that artificial intelligence is the next big thing in exchange-traded funds.
A senior banker of Julius Baer in Singapore is leaving his Asian post. The Swiss banker is departing to return to Switzerland.
Ex-Malaysian premier Najib Razak pleaded ignorance in the $4.5 billion graft scandal that played a role in his recent downfall. A tale of $100,000 handbags, million-dollar diamonds, and piles of cash.
Ant Financial said it will share artificial intelligence with asset managers and help them in their digital transformations. The move undermines wealth managers who choose to remain opaque.
Bank of China’s private banking boss in Hong Kong has ambitious hiring plans for the fledgling wealth manager.
The habit of using mobile devices for financial transactions is outpacing internet banking, a survey in Hong Kong reveals.
1MDB tainted Falcon Private Bank moved to stanch the exodus in its C-Suite. Most notably, the Swiss bank's Abu Dhabi owner is dispatching a top executive to Zurich as an operational overseer.
Commonwealth Bank of Australia cleared the last hurdle to put behind a money-laundering scandal. The move will cause a considerable hit against the beleaguered Aussie bank's full-year profits.
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