While Asian jurisdictions work on choking the life out of cryptocurrencies, the U.K. is said to be developing a new digital tender.
The entire finews.asia team joins in sending Holiday Greetings. With every good wish for the New Year.
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Over and over, journalists let themselves be instrumentalized for dubious exposes. The problem is that the wider public no longer falls for them, finews.asia editor Claude Baumann writes for finews.first.
Labuan international business and financial centre, Malaysia, appointed a new chief executive officer.
Notoriously low-key Daniel Sauter was pushed into the spotlight at Julius Baer following the exit of its high-flying CEO. finews.asia profiles the enigmatic 60-year-old chairman.
Officials in Seoul want to close virtual coin exchanges and plan to ban anonymous cryptocurrency accounts. The Asia nation has fueled demand for digital currencies.
Blackrock's Shanghai arm has clinched a key fund management status with China's money management industry group.
Whose career in Swiss banking ended in 2017? finews.asia showcases the year's biggest departures.
Australia's banking lobby put forth new ethics rules and practices to the country's regulator. The move follows a series of scandals at the big four banks.
Bitcoin won't be able to fulfill the manifold expectations being heaped upon it. What banks are doing on cryptocurrencies is the most interesting element of current hype, Peter Hody writes on finews.first.
Credit Suisse said that tax reforms in the U.S. will knock 2.3 billion francs off its quarterly profit. The hit is likely to push the Swiss bank to its third consecutive annual loss.
Lithuania is set to open a blockchain center in Vilnius next month. The Baltic nation is aiming to become the bridgehead for Singapore's blockchain industry into Europe.
Liechtensteinische Landesbank bought a private bank in Austria in a bid to grow its business. The bank a few day ago had said it was in takeover negotiations.
Zurich Insurance has snapped up a Hong Kong-based data analytics firm. The fledgling firm will help the Swiss insurer more accurately target its clients and tailor insurance products to their needs.
Fintech will increasingly be associated with Beijing, Shenzhen and Hangzhou in 2018 instead of Silicon Valley, Aberdeen Standard's Brett Diment details in an exclusive contribution for finews.asia.
What's so tragic about fintech whiz's Jan Schoch's recent fall from grace? A fintech booster takes on Switzerland's stigma surrounding failure compared to Singapore and other centers, in a finews.asia contribution.
A precious metals firm is partnering with a Malaysian fintech to enable «mini-gold» purchases.
J.P. Morgan's private bank was sanctioned for its involvement in a billion-dollar corruption scandal at Malaysian sovereign wealth fund 1MDB. The American bank will get an on-site monitor as a result.
Avaloq boss Francisco Fernandez is stepping aside. The move comes nine months after a private equity sale of a major chunk of the Swiss banking software firm, which could list its shares as soon as 2020.
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