The Swiss financial regulator is looking closely into the business with digital currencies and today stepped in to stop a blatant case of a fake coin. More may follow.
Switzerland and Hong Kong agreed to improve cooperation on issues related to the financial market. No doubt, fintech will have an important part to play in the discussions between the two governments.
Standard Chartered Private Bank appointed a new managing director to the Greater China and North Asia business.
Willis Towers Watson appointed a head of Hong Kong and Taiwan for its Insurance Consulting and Technology unit.
Credit Suisse appointed a new leadership at the investment banking unit after moving Marisa Drew to the newly created Impact Advisory and Finance division. The bank again opted for a dual management solution.
Standard Chartered appointed a seasoned industry specialist as the global head of Cash for its Transaction Banking business
Goldman Sachs appointed a veteran banker as its new chairman and chief executive officer in Asia Pacific and made other regional management changes.
The Indian mutual fund industry has been recording impressive growth in assets under management over the last few years. Will it continue?
Vontobel has rebranded and wants to make its «DNA» more visible. The new identity will also permeate into employee performance and development.
HSBC customers in China can now make payments with a selfie, thanks to the introduction of facial recognition technology in the bank's mobile app.
Despite chief executive Jamie Dimon recently calling Bitcoin «a Fraud» his bank has been routing customer orders for bitcoin-related instruments.
A close friend of Swiss investor Tito Tettamanti has been chosen to assume the chairmanship at Falcon Private Bank, following in the footsteps of Christian Wenger.
In a move that has so far been shunned by every other major bank in Australia, Macquarie makes its application programming interface available to third party developers.
Deutsche Bank is pushing ahead with the consolidation of its global wealth-management operations.
RBC Wealth Management, part of Royal Bank of Canada, made a number of senior appointments to its private wealth management leadership team.
DBS Bank appointed a new group head of sales for the bank’s global transaction Services unit.
Manulife Asset Management appointed a UBS veteran as senior managing director, head of wealth solutions, wealth and asset management, Asia.
«Asian people have more respect and appreciation for entrepreneurs than the Swiss,» says Claude Baumann, founder of finews.asia in an interview with financial website fundplat.com. «Our Asian business partners are impressed by our performance.»
The Monetary Authority of Singapore announced the finalists for the 2017 Global Fintech Hackcelerator and Fintech Awards. A prize pool of up to $1.15 million Singapore dollars is up for grabs.
Economics Nobel Prize winner Jean Tirole reveals in an exclusive interview with finews.first how the prize changed his life, monopolies can be tamed and how regulation should strike a balance between inefficient laissez-faire and intrusive measures.
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