National Australia Bank and ANZ are embracing digitization: the two banking companies are increasing their investments on financial technology expertise.
Two legal firms will form a global brand with revenues of more than $900 million. Their Asian coverage will expand.
How will Boris Collardi, until now a high-flying bank executive, come to grips with his new role as a Swiss «banquier privé»?
Allianz received regulatory approval to sell part of its life insurance portfolio in Taiwan. Is the lure of the massive Chinese market a factor?
A foundation set up to launch Tezos, a cryptocurrency project, is getting prominent support from a digital currency hedge fund pioneer.
Bonus payments to bankers once again are hotly disputed. Ceasing such variable forms of compensation is not under consideration in the industry even though some firms have shown this to be a viable option.
Standard Chartered's private banking unit swung to a pre-tax loss of $1 million. What was behind the number?
Fund managers in Malaysia, Singapore and Thailand are joining up to bolster their standing with retail investors.
A new derivatives exchange and clearing house in Singapore will begin trading in the second quarter of 2018, backed by Chinese investors.
China's insurance regulator slapped the wrists of three major insurers for cross-border investment violations. The move follows the government's swoop against Anbang.
Following an investigation into corruption involving Malaysia’s state fund 1MDB, Swiss authorities have seized a large amount of money – and put it in its coffers. Malaysian pressure groups want that money back.
Zurich Insurance Group is taking over the South American business of Australia’s QBE Insurance. The acquisition makes the Swiss company the No. 1 in one of the region’s biggest markets.
Swiss and Hong Kong financial market regulators have inked an agreement on fintech, already the fifth such deal for the Hong Kong authority.
As a global insurer seals another transaction in the region, consolidation will be the theme throughout 2018 in the Asian insurance market.
Despite the continuous buzz around it, many company owners are still grappling to understand how the cryptocurrency ICO fundraising mechanism works. A new institution wants to fill the gap.
If Apple CEO Tim Cook had his way, he would never use cash again. His company is eyeing deeper financial services penetration, a move that is meeting with resistance by the established financial services industry.
The authorities are investigating non-transparent conglomerates. If the situation worsens, this could lead to a loss of confidence in the Chinese leadership, Bernd Hartmann of VP Bank writes.
China's banking watchdog will level the playing field for overseas banks by easing restrictive business procedures.
Fintech hub Lattice 80 in Singapore appointed a former Korean senator to its board of advisers and plans to conduct its own initial coin offering.
Credit Suisse is fighting tooth and nail against paying compensation to a U.S. hedge fund. The case is all about questionable real estate project from before the crash.
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