Wednesday, 29 April 2026

FINANCE Friday, 4 August 2017 22:00

Guido Schilling: «Nerds Not the Only Answer for Digital Speed»

Keeping traditional administrative boards in tune with the ongoing digital revolution is not something that can be left only to the young tech-guns, or so called «digital nerds,» Guido Schilling argues in an essay for finews.first.

FINANCE Friday, 4 August 2017 16:31

Fintech Buys Stake in Exchange

A derivatives fintech has taken a stake in Gibraltar's stock exchange. The trading operator wants to be the first to fully suffuse blockchain into trading.

FINANCE Friday, 4 August 2017 16:19

Swiss Re: Cyclone Debbie Hits Earnings

Swiss Re reported a decline in first-half earnings as the claims from the damage wreaked by Cyclone Debbie in Australia continued to weigh on the world’s second-largest reinsurer.

FINANCE Friday, 4 August 2017 13:58

DBS' Leaner Wealth Machine

Piyush Gupta is aiming to sink DBS' cost-income ratio to 40 percent. How does this square with traditionally cost-intensive wealth management activities?

FINANCE Friday, 4 August 2017 12:50

Record ICO Raises Eyebrows

A Silicon Valley cryptocurrency provider raised a record $232 million in a coin offering last month. finews.asia looks at a Swiss linchpin which is fueling a rich payout for the firm's co-founders, as the U.S. and Singapore crack down on token offerings.

FINANCE Friday, 4 August 2017 12:02

Singapore Lifts Guaranteed Deposits

Singapore's financial regulator is proposing to lift the guaranteed level of client deposits – the first time it has done so since the financial crisis. What is behind the move?

FINANCE Friday, 4 August 2017 11:54

Singapore Fund Hits Show Business

Singapore sovereign wealth GIC, which dumped UBS shares earlier this year, is now looking at star power for growth.

FINANCE Friday, 4 August 2017 09:01

Assets Up But Revenue Stalls at DBS Wealth

Singapore's largest bank DBS beat market expectations with net profit of $1.14 billion in the second quarter. The wealth management business continued to bulk up, even as revenue stagnated.

FINANCE Friday, 4 August 2017 06:56

L&G Names Asian Equity Trading Head

Legal & General Investment Management hired a senior trader from HSBC Global Asset Management to join its team in Asia.

FINANCE Friday, 4 August 2017 06:55

Michael Gorriz: «Universal Digital Identity – How to get it right?»

More than ever, banks need to give their customers a seamless experience that is easy and convenient, writes Michael Gorriz from Standard Chartered Bank in his essay for finews.asia.

FINANCE Thursday, 3 August 2017 21:59

Julius Baer Looks Beyond London For Clients As Brexit Looms

Julius Baer will expand its wealth gathering operation in Britain as the country prepares to leave the European Union, seeking wealthy clients outside the traditional London honeypot.

FINANCE Thursday, 3 August 2017 17:44

GAM: On the Road to Recovery?

Swiss Asset Manager GAM looks to be recovering from last year's slump, with first-half profit climbing by more than a quarter, boosted by an increase in net new money.

FINANCE Thursday, 3 August 2017 15:28

German Digital Bank Investing in Singapore Fintech Potential

Singapore's five local polytechnics have partnered with Fidor, the digital banking group, to launch a fintech education curriculum.

FINANCE Thursday, 3 August 2017 13:11

Leadership Changes at Morningstar

Morningstar Australasia, a subsidiary of investment research provider Morningstar, says its chief executive officer is stepping down, effective September 2017.

FINANCE Thursday, 3 August 2017 12:47

Commonwealth Bank in Money Laundering Bind

Australia's largest bank faces civil action for failing to report over fifty thousand alleged breaches of money laundering and terrorism financing laws.The transactions are valued at more than half a billion dollars.

FINANCE Thursday, 3 August 2017 11:53

Former Friends Provident MD Returns to Asia

St. James’s Place Wealth Management Asia announced the appointment of a new development director to the international business.

FINANCE Thursday, 3 August 2017 11:10

Skype Joins Money Transfer Rush

In yet another dilution of traditional banking services you can now use Skype to send money.

FINANCE Thursday, 3 August 2017 10:08

Manulife Agent a Living Legend

He stepped through the doors in 1954, which was way before fintech was a word, and he is still going strong after 62 years on the job.

FINANCE Thursday, 3 August 2017 07:49

UBS: IT Costs at Record Level

For the first time, UBS is lifting the veil over its ongoing IT costs - they are enormous. UBS-COO Axel Lehmann explains why the big bank is spending billions on this.

FINANCE Thursday, 3 August 2017 07:08

Foundations For Growth at Standard Chartered Private Bank

Following two years of restructuring and losses, Standard Chartered reported improved figures in its half year report. The private banking unit however is still work in progress. 

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