Artificial intelligence and ChatGPT are likely to change our future just as much as the internet once did. Nevertheless, it is important to keep a sober look when investing, Kubilay Yalcin writes in an article on finews.first.
China Evergrande Group – once the second largest property developer in the mainland – has filed for bankruptcy protection in the US, as it nears the end of its restructuring process.
Some investors of overdue wealth products issued by Zhongrong International Trust reportedly sent letters to Chinese authorities demanding an explanation and plans for missed payments.
A US parliamentary committee accuses Credit Suisse of failures in an internal investigation into historical accounts with alleged Nazi links.
Following the takeover of Credit Suisse, UBS is reportedly planning to rebuild its wealth management team in India with new hires.
Four foreign nationals have been arrested, partly for providing digital payment token services in Singapore without a license.
The Swiss federal government and authorities flouted rules in the forced sale of Credit Suisse by invoking emergency law, which is now being contested. The legal dispute could escalate abroad.
Munich-based insurer Allianz reported higher first-half profits in Asia, driven by growth across the life and health as well as property and casualty businesses.
The parent group of troubled Chinese wealth manager Zhongrong International Trust reportedly hired KPMG to review its balance sheet.
The MAS sets out a laundry list of prerequisites that would turn the average digital asset or crypto providers into fully-fledged banks. finews.asia takes a look at the meaning of stable in the crypto-universe.
The Liechtenstein private bank wasn't among the major beneficiaries of the bank run at Credit Suisse. But VP Bank is hoping a second wave of client funds will wash up on its shores.
The wealth management arm of BNP Paribas has made a series of appointments of senior leaders based in Singapore, finews.asia has learned.
Singapore police arrested 10 individuals in one of the city-state’s largest anti-money laundering operations ever. The financial regulator is reviewing fund flows for potential violations or inadequate controls.
Hong Kong-based digital asset custodian Hex Trust has signed a memorandum of understanding with a South Korean AI investing solutions provider.
After Private- and Investment Banking, UBS has begun restructuring group functions and back-office services with those it took over from Credit Suisse, research shows. That's already affecting Switzerland.
Singapore-based multi-family office and independent asset manager, Lumen Capital Investors, continues to strengthen its wealth management business with the appointment of a senior advisor and partner, finews.asia has learned.
Founded last year, the startup Legalpass is suddenly in the spotlight with its lawsuit against the terms of the Credit Suisse takeover. That's a coincidence, its founders tell finews.asia.
Bermuda-headquartered Pacific Life Re has named a general manager for Asia.
Angry investors reportedly protested outside the Beijing offices of Zhongrong International Trust after it missed payments on numerous wealth management products.
London-headquartered M&G Investments has announced the appointment of a head of Korea.
Page 80 of 1007
