Hervé Falciani, who blew the whistle on HSBC in 2008, was arrested in Madrid. Spanish authorities acted at the behest of Switzerland, which wants the whistleblower extradited to serve time for violating banking secrecy laws.
Asia bolstered HSBC's bottom line over recent years. As the London-based bank is mulling plans to diminish its global footprint, will Asia be paid back?
China's government recently swooped in on a high-profile insurer that made landmark acquisitions across the globe. Now it is bailing the firm out.
Japanese and Swiss financial regulators have initiated an agreement on financial technology. The agreement helps the Swiss authority expand its fintech network in Asia.
The plan of Swiss banking software maker Temenos to buy U.K. company Fidessa looked a done deal. All of a sudden, two rival bidders have surfaced.
A Chinese finance firm has wrapped up a deal to buy a private bank in Liechtenstein. It is the most recent of a spate of Chinese deals in Europe's finance hubs. What is the attraction?
The recent announcement of new tariffs on Chinese imports led to market uncertainties due to fear of a trade war. What can Asian investors expect?
Softbank, the Japanese tech company, wants to take a major stake in Swiss Re. The world’s second-largest reinsurer has now made it clear that it is not willing to go as far as the projected buyer.
A Sydney-based digital currency exchange is now under the authority of the Australian overseer – the first of its kind to be regulated.
A British IT specialist played a prominent role at UBS after the financial crisis – and not to everybody’s liking. Now she in line to get a top job at another struggling global player.
Indonesia seized the $260 million yacht of Jho Low, the man at the center of the 1MDB corruption scandal. The move set off weeks of haggling over the craft's fate.
Citigroup is the latest foreign bank to jump into Thailand. The American bank has snapped up a major portfolio from a domestic lender.
While Credit Suisse CEO Tidjane Thiam has rolled backed the trading business in recent years, a new hire at the investment bank nevertheless is harboring ambitious plans for his charge.
UBS said it is appointing a well-known Asia rainmaker to its board. The move underscores the Swiss bank's ambition to deepen ties with the region's wealthy and powerful.
No region in the world has more women in positions of power and influence in finance than Asia. finews.asia explains why and names the region's top twelve female bankers.
Singapore's first Olympic gold medalist is eyeing a career in wealth management. He has linked up with the city-state's largest lender.
The Australian banking industry’s exodus from Asia continues apace. Beleaguered Commonwealth Bank of Australia is the latest to pull up the drawbridge.
Nomura is buying a Hong Kong-based robo adviser. What does the Japanese financial giant hope to achieve?
What if those Paintings Are Fakes The Game of Thrones That is Malaysian Politics 5 Tips For Spring-cleaning Your Gadgets Why Being a Perfectionist Can be Harmful 4 Reasons Singapore is Great For Startups Very Unattractive People Earn Significantly More Money Do...
Asset managers need to specialize to provide added value to clients, Vontobel's Axel Schwarzer argues. He details the Swiss active management boutique's strategy in Asia to finews.asia-TV.
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