While Japanese banking giant Mizuho is transforming operations through fintech solutions, it is also preparing severe job cuts.
The Reserve Bank of Australia is closely monitoring the rise of digital currencies.
An activist hedge fund plans to carve up Credit Suisse into three parts has been dismissed as short-term greed. In fact, global universal banks are a dying breed. finews.asia explains why.
When is good not enough? UBS is finding out after solid third-quarter results failed to enthuse investors. finews.asia looks at why.
Leonteq co-founder Jan Schoch is severing his ties with the fintech firm. Two associates have snapped up part of his stake.
UBS' profit rose by 14 percent in the third quarter. Cost-cutting across the Swiss bank's businesses as well as an unexpected tax boost in the U.S. helped the result, and Asia was a bright spot.
Indosuez Wealth Management has announced additional senior appointments in Asia. Throughout 2017 the bank has already been adding to both its Singapore and Hong Kong businesses.
Following the news that Bassam Salem is retiring next year Citi moved quickly to appoint his successor.
Swiss Artificial Intelligence firm Squirro has launched its presence in Singapore to target the financial services market in the region.
The Australian Securities and Investment Commission has updated its regulatory guidance for fund managers ahead of the new Asia Region Funds Passport initiative.
The Monetary Authority of Singapore announced changes to its senior management team and created a new cyber security position.
Jan Schoch had to leave his job as head of Leonteq following a disagreement with the board over the sale of shares, according to a report. It was the last straw in a relationship that had soured for a number of reasons.
A former Credit Suisse banker is launching a luxury version of the shared economy, finews.asia has learned. He appears to be flirting with financing's hottest method right now – a coin offering.
Swiss banking and the financial market as a whole used to be in sync. No longer, says Vontobel boss Zeno Staub.
Deutsche Bank Wealth Management announced two senior hires to support its business growth in Asia.
Surging property prices in China led to an increase in Asian billionaires, who now outnumber their American counterparts for the first time.
After a slump in earnings this time last year, ANZ, which has been cutting costs and offloading poorly performing assets, has reported a bounce-back in its returns.
Singapore's second largest bank Oversea-Chinese Banking Corp., reported higher third-quarter profit. Its wealth management business made strong contributions.
Avaloq said it will cut as many as 60 jobs, after two partners severed long-term ties with the Swiss banking software firm.
Not content with running the largest financial technology hub in Asia, the Singapore based operator is now eyeing the big apple.
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