In a surprise move, EFG International has appointed a new chief executive officer. The move comes before the Swiss private bank has fully digested a rival tarnished by the 1MDB scandal.
The IMF managing director believes virtual currencies might just give existing tender and monetary policy a run for their money.
The fall out from the toxic 1MDB wealth fund continues with news of another industry regulator taking action.
First Crypto ETF is set to launch a pre-initial coin offering before embarking on a full coin sale.
Global legal financing and advisory firm Burford Capital opened a new office in Singapore.
Northern Trust appointed an industry veteran to lead its asset management business in Japan.
J. Safra Sarasin Gruppe is expanding its private bank, snapping up an Israeli bank in Switzerland and Luxembourg. The deal is the latest in short order for the secretive wealth manager.
The head of Switzerland's largest bank sees digitization hitting banking as hard as the raft of financial regulation following the crisis of 2008-09. Sergio Ermotti isn't excluding UBS from the trend – addressing a stigma.
Mark Tucker has reportedly completed his first serious task after taking over as chairman of HSBC Holdings.
Three major banks made a significant development in a recent proof-of-concept examination.
Speculation over the future of Sergio Ermotti could soon come to an end. The UBS boss may not want to leave the Swiss bank at all, and instead move up a level.
In a move to bolster its offering in Australia’s property market ANZ acquired a local startup.
BNY Mellon appointed a new head of Relationship Management for Depositary Receipts in Asia-Pacific.
Asia's largest wealth manager plans to diversify its top table by adding a significant Asian presence, more women and younger faces.
Natixis Global Asset Management acquired a majority ownership stake in an Australian equities manager.
Martin Blessing is seeking closer client ties with a new strategy for UBS in Switzerland. There is far more at stake for the former Commerzbank boss than meets the eye.
Hit by a management exodus and the 1MDB scandal, Falcon Private Bank is seeking a reboot to reflect the Swiss bank's digital transformation. How groundbreaking is the new identity?
Not long ago, Credit Suisse was considered the sick man of Zurich's Paradeplatz financial district as well as a weak spot in European banking. More recently, it has grown quiet around the Swiss bank. What happened? A finews.asia roundup.
Last month Luxembourg's oldest bank agreed a takeover by a China based conglomerate. Now Saxo Bank will be controlled by another Chinese industrial group.
A Hong Kong fund house is launching its products in the home of wealth management, Switzerland.
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