Led by sprightly nonagenarian Mahathir Mohamad, the opposition coalition scored an unexpected victory in Malaysia’s general election. What will it mean for 1MDB?
An important representative of the Credit Suisse investment bank in Switzerland is joining arch rival UBS, information obtained by finews.asia showed.
Australia’s largest bank agreed to settle legal action brought against it by the country’s financial services regulator.
Australia's Macquarie Group bulked up its open banking platform with the addition of a cloud-based fintech wealth service.
China's financial market regulator recently allowed foreign companies to take majority stakes in joint ventures. Japanese bank Nomura is the latest to join the ensuing push into the world's most populous country.
When one of the most influential bankers on Wall Street is looking to invest big, the competition had better take note. For J.P. Morgan head Jamie Dimon, big means China.
The Swiss-based Reyl Group with a subsidiary in Singapore had a significant increase in net new money in 2017, which in turn provided a boost to profit.
When Malaysia takes to the polling stations today, voters have the chance to oust what most observers say is a corrupt government.
Charles Monat Group, a Swiss-Asian life insurance broker for high-net-worth individuals, named a new chief executive in Singapore.
Rising costs, declining margins and more competition: these are the challenges facing private banks. Thus finding the right type of client adviser has become imperative.
Japanese investment bank Nomura appointed a new chief economist who will lead a team of economists charged with forecasts for China's economic development.
Singapore's financial regulator wants to bolster the adoption of artificial intelligence in the country's financial services sector. A trio of agencies have signed on.
Even though Switzerland is one of the smaller countries in Europe, but it still outshines many of its neighbors with its internationally known reputation of offering nationwide high quality and premium services and products.
An internet-only startup bank could be the first of many new players to transform the Australian banking industry, which until now, has been dominated by four large companies.
The digital bitcoin currency has completed the circle to paper money – thanks to a startup in Zug. Here’s the backdrop and the role of Singapore.
Whereas most major events are unpredictable by their very nature, the pattern of equity markets’ reaction is even more so, Sandro Occhilupo from Decalia Asset Management writes in his essay for finews.first.
China employs strict capital controls to keep assets in the country. These measures however are porous – which is playing into the hands of Hong Kong-based banks. This could however pose risks.
Non-financial services providers are considering their own go-to-market strategy. Banks should take this as an opportunity to proactively engage these merchants, Liew Nam Soon from EY says in an interview.
The securities regulator in Hong Kong issued guidance for intermediaries who use instant messaging apps to take orders from customers. The use of such communications channels is increasing rapidly.
Consultancy firm PwC bolstered its digital capacity in Asia acquiring a stake in a Singapore-based blockchain specialist. The move comes as advisers increasingly accept digital currencies as means of payment.
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