Vietnam currently lags behind other Southeast Asian countries when it comes to financial inclusion. Can foreign players and fintech solutions fill the gap?
The U.S. Department of Justice said it will carry on with its probe into the corruption-linked 1MDB fund. The change of government in Kuala Lumpur will now see U.S. and Malaysian authorities work closer together.
Japan’s largest lender together with a tech giant plans to develop a new blockchain. The companies hope that the platform will be able to process a million transactions per second.
Authorities in Malaysia are wasting no time in probing tainted wealth fund 1MDB. A special taskforce formed to scrutinize the controversial investment vehicle will meet on Tuesday May 22.
A high-ranking Indonesia investment-banking head from Credit Suisse is said to leave for the private equity group Carlyle Group.
The on-demand transportation platform Grab announced a partnership with Maybank, South East Asia’s fourth-largest bank by assets. What are its intentions?
Japan's SMBC Trust Bank entered a «first of its kind» agreement with the Singaporean wealth manager. Clients of the Japanese bank will gain access to global investment opportunities.
Having already sold-off its wealth and retail businesses in six countries in Asia, Melbourne-based ANZ is selling its stake in another bank.
Zurich-based UBS plans to double its headcount in India by the end of 2018. The move signifies a change in strategy in the country where wealth is growing fast.
Several thousands of Standard Chartered clients have used the bank's new personalised investment ideas tool since its launch last October in Singapore.
There are as many as 50 startups that are working on blockchain-based technologies in Singapore. That should help making financial transactions and processes more transparent, resilient and at a lower cost.
The tough course being followed by top UBS investment banker Andrea Orcel to boost profit in the advisory business doesn’t seem to suit all of those working for him. They are free to leave, UBS says.
The Swiss central bank is opposed to the introduction of a digital currency. The Swiss government by contrast has agreed to examine the issue more closely.
The sensational outcome of the elections in Malaysia caught many investors on the wrong foot. Still, to make the country a true democracy requires a lot more though, says Asia expert Will Ballard on finews.first.
With the football World Cup due to kick off next month in Russia, UBS analysts have switched their forecasting skills from financial markets to the vagaries of the world’s most popular sport.
A reputation in tatters, mounting losses, staff that are taking their leave and most recently rumors of an impending sale of the company: Falcon Private Bank can only really save itself.
Aberdeen Standard's new private fund in China invests primarily in the A-share market, aiming to deliver sustainable investment returns by capturing the Middle Kingdom’s long-term growth potential.
Patrick Loepfe is known as co-founder of Vontobel’s Deritrade platform. Together with a partner he now has launched a platform for the issuance of structured products, as finews.asia has learned.
UBS CEO Sergio Ermotti has long complained about the low valuation of his bank’s shares. The situation could now be about to change.
Staff fluctuation at UBS investment bank looks like it is picking up, with two of its leading executives moving to the competition.
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