Australia's ANZ has disposed of it's 20 percent stake in China's Shanghai Rural Commercial Bank. The move further dilutes the banks Asian exposure.
First Private Bank will launch its public offering at the Yangon Stock Exchange on January 20 to become the fourth listed company on the nascent exchange.
The influence of China in advancing fintech is likely to grow even stronger in 2017 with news that a new institution has accumulated a substantial war chest of funds to invest in fintech across Asia.
The finance ministry in Jakarta has cut all partnerships with U.S. banking giant J.P. Morgan Chase after emerging markets equity strategists at the firm recommended investors reduce their portfolio investment exposure to the biggest economy in Southeast Asia.
International offshore law firm Harneys has sprinted out of the blocks into 2017 with the appointment of 8 new partners including several promotions in its key Asian hub.
The Securities and Futures Commission in Hong Kong has banned a former HSBC employee from re-entering the industry for life after his actions led to substantial losses to clients.
Singapore Makes a Hypercar: Set For Geneva Motor Show Debut Goldman Sachs Files Billion Lawsuit Against an Indonesian Businessman Hong Kong Named Most Expensive Housing Market For Seventh Straight Year Alibaba Group Discusses Joint Venture With Russia’s Sberbank CLSA Feng...
finews.asia went live one year ago today. It was an eventful 12 months for finance in Asia, and readers grew to rely on the high-quality news and expertise provided by the finews.asia team.
Investments in infrastructure offer stable and predictable cash flows. That’s what institutional investors like for their asset-liability-matching, Mirjam Staub-Bisang writes in her essay for finews.first.
Baume & Mercier-CEO Alain Zimmermann spoke to finews.asia about why selling fine jewellery on the Champs-Elysees is different from selling on Orchard Road.
Private banking’s money-laundering scandals have piled up in recent months – in large part due to emerging markets. Many firms have ignored risks in favor of juicy potential potential returns.
U.S. officials are casting an eye on millions in «tuna bonds» issued for impoverished Mozambique. As one of the bond-runners, Credit Suisse is at the center of the case.
2016 was the year that 1MDB came to a head: billions in ill-gotten assets were seized, two Swiss banks shut down in Singapore, and three people sentenced to prison time.
A Chinese billionaire has found a way for the Chinese middle class to invest in the fine art market. His plan is either brilliant, or madness.
These Swiss bankers took a huge professional step this year – if not the defining one of their career. Here's is finews.asia's compilation of who to watch out for in 2017.
This year saw countless prominent and surprising exits by private bankers, including several linked to the burgeoning 1MDB scandal. Here are the ten most spectacular departures of 2016.
One of Donald Trump's most prominent campaign promises was to «drain the swamp» in Washington – a hit with establishment-weary voters. The president-elect has set himself up to fail.
What are the best finance films of all time? finews.asia reviews this year's new releases as well as old classics to bring you a run-down of the essential viewing for the aspiring Wall Streeter – those which tell a riveting story and which stand the test of time.
It’s amazing, but 2016 is coming to a quick close. It’s hard to believe we are almost on the eve of 2017.
Credit Suisse’s mortgage settlement in the U.S. presents an opportunity for chairman Urs Rohner to retreat. The Swiss bank has scant chance of retrenching under his leadership.
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