The ability for cyber attackers to steal data has become increasingly more sophisticated, according to US-listed identity security specialist CyberArk. Developments in artificial intelligence could make the threat worse.
US President Joe Biden has signed an order that will ban US investments into certain cutting edge technologies in China, including computer chips and artificial intelligence.
There is hardly a topic that cannot be played on the stock market. Even anti-woke ETFs for conservative investors now exist. But two such products have now failed.
Singapore-based digital investment platform Syfe has expanded its offering with the launch of discretionary portfolio services in Hong Kong.
The mainland confronts the specter of deflation while many countries in the West continue to fight heightened levels of inflation. It all looks very late 1980s Japan - but there are differences.
DBS is looking to grow outside of its home market of Singapore, with a focus on the Greater Bay Area, China’s 11-city metropolis.
American policymakers are seeing red on ESG, attacking financial institutions for their sustainability practices. Now, a powerful rating agency is doing a surprising about-face on its ESG ratings.
Many former Credit Suisse employees continue to find new homes, including the fallen Swiss bank’s ex-head of Asia FX trading.
California-headquartered Franklin Templeton has opened a new office in South Korea to support the local pension authority.
As UBS restructures investment banking, Credit Suisse staffers are getting their turn. But former employees of the acquired bank cannot rest assured.
Singapore-based digital wealth manager Endowus has completed its latest funding round with new investors including Citi, MUFG and a few of Asia’s billionaire families.
The administrator for a German bank owned by Greensill Capital is suing Zurich Insurance for losses it claims were covered by the Swiss insurer. Zurich said it will contest the action.
The Chinese banking giant recently had to weather the departure of the Swiss architect of its local branch. Now China Construction Bank has found a replacement from a private bank, finews.asia has learned.
Both mainland imports and exports show seemingly precipitous double-digit percentage drops. Is this just a post-Covid blip - or is decoupling starting to have an impact? finews.asia takes a look.
Chicago-headquartered Northern Trust has appointed a head of global fund services for the Asia Pacific region.
In the coming months, UBS will look to downsize Credit Suisse's investment banking unit globally. Within Asia, the top regional leaders have reportedly been unveiled.
The asset management arm of Zurich-based Vontobel has announced the appointment of a head of South Korea.
UBS is reportedly considering plans to shrink the investment banking headcount in Asia Pacific by around two-thirds and focus on markets outside Hong Kong.
A former investment banker who worked for UBS went to court over her entry on American sanctions lists and won.
London-headquartered HSBC’s head of public affairs has reportedly criticized the UK for bowing to the demands of Washington, especially with regards to China.
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