Switzerland’s parliament is set to decide whether to return 104 million Swiss francs seized from troubled Malaysian wealth fund 1MDB.
Singapore wealth manager Lumen Capital Investors has poached two private bankers from Nomura, finews.asia has learned. The firm wants to further increase its headcount.
Hong Kong's securities regulator has banned UBS from sponsoring initial public offerings in the territory for the next 18 months. The last word hasn't been spoken yet.
Fintech Hub Lattice 80 will relocate its global headquarters from Singapore to London. What does it mean for the Singapore operations?
Sergio Ermotti's pay edged higher last year. The Swiss bank's 11-person management took home nearly 100 million francs total.
Bank of Singapore nabbed a veteran private banker from a global rival to grow its business across Europe.
Citing the need for a simplification of regulatory demands and cost reductions, two market leaders joined forces to create a digital banking platform.
Japan's financial overseer acted against seven cryptocurrency exchanges suspending two, the first such action on digital exchanges.
The U.S. bank is bulking up its Zurich presence by hiring a former Deutsche Bank private banker for its family office arm, finews.asia has learned.
The world's oldest billionaire is an Asian nonagenarian who has handed over the reins of the shipping company he founded 51 years ago to his son, but nevertheless has kept his eyes on the ball.
London-based HSBC wants to ramp up its presence in the Middle Kingdom. But joint ventures with local financial institutions have not always worked out as intended. Will this time be different?
The son of Australia's leader worked at Goldman Sachs while the American investment bank was carrying out now contentious bond deals for 1MDB. He claims he got an eyeful of scandal.
Swiss banks well-established in Singapore and Hong Kong are pushing into other Southeast Asian markets where wealth is growing quickly. Julius Baer is the latest to jump in.
For women to achieve equality, it will take more than simply the #metoo movement and #womensmarch, Claire Shaw writes of the male-dominated asset management industry in a finews.first essay.
Singapore's financial regulator sees large scale movements of financial advisers and wealth managers as detrimental to customers interests and is setting out measures to mitigate the practice.
A Singapore fintech firm that guaranteed investors eye watering returns is about to be wound up with substantial debts.
The CEOs of Switzerland's largest banks are set for bumper year-end bonuses. Will their counterparts in Asia recover from a lull in pay last year? finews.asia takes a look.
The stepson of Malaysia's leader reached a multi-million dollar settlement over alleged pilfering from the country's 1MDB fund.
Asia moved ahead of Europe in terms of the number of ultra wealthy individuals, a new report shows. But another region remains top.
U.S. banking giant Citi launched a new business in the UAE, in a move to drill deeper into growing regional wealth.
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