The founder of a cryptocurrency particularly beloved with Asian investors has sold nearly off of his stockpile of the digital tokens. The well-known currency creator had been accused of talking up his own book.
A Dubai-based peer-to-peer lender and a British biometric payments firm are among the 24 start-ups to vie in Hong Kong for a cash injection.
Supporters of embattled Tezos developers Arthur and Kathleen Breitman have doubled down on accusations against a Swiss foundation which governs hundreds of millions from a July token sale.
HNA is offloading assets to pay off debt used to fuel more than $40 billion of deals. A U.S. hedge fund has snapped up a Swiss investment, and a hefty property portfolio is reportedly set to follow.
The shareholder criticism about pay at Swiss asset manager GAM has yielded some changes: the firm adjusted the way it compensates the management.
BSI, the bank from the Italian-speaking part of Switzerland disappeared in 2016 – but not without leaving a trace. For instance, when the police in Brazil arrested one of its former bankers on money-laundering charges.
The family-controlled firm has poached a high-profile investment banker from a U.S. rival. The move represents a coup for the European's firm's Asian ambitions.
Singapore's financial regulator warned investors against spending money on cryptocurrencies. Demand from Asia is fueling a price surge in bitcoin and other digital tokens.
Singapore's regulator slapped bans on two more bankers involved in the 1MDB scandal. It is the eighth such professional ban linked to the Malaysian graft scandal.
Swiss stock exchange operator SIX agreed to a cooperation with a leading trading platform in Hong Kong in a bid to expand its business in Asia.
Swiss banker Juerg Zeltner was ousted as head of UBS' private bank last week. finews.asia looks at the myriad reasons and months of planning leading up to the move.
The Standpoint Research founder who correctly predicted bitcoin’s meteoric rise thinks bitcoin will ultimately reach $400,000, and he is serious.
ANZ Bank finalized the sale of its stake in Shanghai Rural Commercial Bank and announced plans for a A$1.5 billion share buyback.
Talented private bankers are hard to come by, so they need to be equipped with digital tools, UBS wealth management operating chief Dirk Klee tells finews.asia.
J.P. Morgan and Barclays will begin exploring the potential of quantum computing in a new partnership with IBM.
Investors reaped huge profits from Alibaba, Tencent and other Asian tech giants this year. Now, other values are coming into focus, James Syne writes in an essay for finews.first.
Consulting and investment firm Mercer bolstered its leadership team appointing a new president of its global wealth business.
As more retail investors leap into bitcoin, UBS' chairman is calling regulators to action to temper the effects of the cryptocurrency's uncontrollable surge.
«We have a performance culture, but not a dog eat dog mentality,» says Natalie Merkofer, Head Group Human Resources at LGT, and explains how the bank attracts potential job candidates.
Swiss bank UBS is making several key changes to the team which caters to the ultra-wealthy in Hong Kong.
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