Like regulation in general, financial regulation and licenses apply only in the jurisdiction of the respective regulations and a license under these regulations is only valid in said jurisdiction.
The Hongkong and Shanghai Bank appointed a new chief executive officer for India.
U.S. officials believe Low Taek Jho masterminded the opaque trail of billions of dollars out of 1MDB and into private coffers. Now Interpol is on the trail of the Malaysian financier.
finews.asia's Tom King first met Sir David Tang more than 20 years ago. He writes of scouring Hong Kong's gritty back streets together with the wealthy businessman and socialite as he began distributing Cuban cigars in Asia.
Investment guru Marc Faber has been dropped as a guest speaker for a wealth conference in Singapore in a response to his recent racist remarks. The conference organizers overturned an earlier decision.
A veteran fund consultant joined Allianz Global Investors as head of institutional solutions for Asia Pacific.
ANZ Bank agreed to settle a court case brought by the Australian financial regulator that alleged the bank rigged one of Australia's key interest rates.
Investment analytics and portfolio communications firm Style Research appointed two new regional executives.
Legal firm Goodwin hired two partners for the firms international private equity practice in Asia.
An executive director who oversaw legal advice in the investment banking and advisory business, is leaving UBS after a decade at the bank.
Amol Gupte, Head of ASEAN and CEO of Citi Singapore speaks to Michael McGauran of EY Asia-Pacific, about the impact and implications of the Belt Road Initiative on business and governments in ASEAN.
Tokyo has fallen behind its Asian peers in attracting fintech startups but hopes to turn that around with the help of a blockchain camp in the country's capital.
The president of Australia's Commonwealth Bank warned that further consequences may need to be taken at the bank following the recent money-laundering scandal. The chief executive already lost his job and bonuses have been cut.
Indosuez Wealth Management added a senior banker to its non-resident Indian team in Singapore as the bank develops its strategy to expand across Asia.
Singapore's fintech hub Lattice80 intends to undertake its own initial coin offering, despite recent moves by governments and regulators curbing such initiatives.
Cryptocurrency provider Tezos and its Swiss foundation led by Monetas boss Johann Gevers are locked in a battle. At issue? A bonus out of $400 million in proceeds from the world's largest ICO to date.
Marc Faber talked himself out of several jobs with racist comments. The outrage in media and finance, where Faber was a sought-after guest, comes late: the stock market guru has long been a bare-knuckled populist.
How can the asset management unit of 212-year-old private bank assert its independence? By seeking outside clients and through an innovation lab for artificial intelligence, Markus Signer tells finews.asia.
ANZ Bank New Zealand appointed the country's former prime minister as chairman.
Allianz will sell part of its life insurance portfolio in Taiwan to a local insurance and financial services institution.
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