The latest Hurun report, The China Rich List 2016, sees Wanda Group Chairman Wang Jianlin, retain his crown as China's richest person with a fortune of $32.1bn.
BNP Paribas employees have taken part in an academic trial that saw them wear Microsoft Band 2s that gathered biometric data to measure their stress levels and provide biometric measurements and data.
A former senior employee of Sumitomo Mitsui Banking Corp has been arrested for allegedly pocketing about ¥190 million by manipulating the bank’s foreign exchange trading system.
Global commercial real estate services firm Colliers International has announced two senior appointments to its Singapore team, including the former head of Singapore Real Estate and REITs at Barclays Bank.
Falcon Private Bank's problems keep piling up: the day after having the license to operate in Singapore yanked by authorities and its branch manager in the city-state arrested, Swiss prosecutors said they are looking into the bank's dealings with 1MDB as well.
The world’s first bionic advisor designed for the high-net-worth market has been launched by Singapore-based advisory firm Bento. So how does it work?
Chinese authorities will allocate a designated area in Shenzhen's Qianhai free trade zone for about 150 wealth management firms which are expected to set up shop there over the next two years.
The Commonwealth Bank of Australia has announced that its Chairman David Turner will retire from the Board at the end of December 2016.
Trust services provider Equiom has acquired The Heritage Trust Group, an Asian corporate services firm with offices in Singapore, Hong Kong and the British Virgin Islands.
Credit Suisse has made a senior appointment to its Investment Banking and Capital Markets team in China, a strategically critical market for the Swiss bank.
FXecosystem, a provider of FX outsourced connectivity services, has announced the opening of its regional headquarters in Singapore and a point of presence in the Equinix Singapore data centre.
As trade based money laundering becomes a growing global problem a new solution offering holistic risk management of trade finance is hoping to solve the problem. So how does it work?
Falcon Private bank is the second firm to be shut down in Singapore for its dealings with 1MDB, which stands accused of corruption and money-laundering. It is the second blot against the signet of Swiss banking in Asia.
Falcon Private Bank is looking for buyers for its Asian activities, after its license to operate as a bank in Singapore was yanked for its involvement with alleged corruption and money-laundering for Malaysia's 1MDB.
Deutsche Bank has appointed a stand-in for Ravi Raju, the head of its Asian business who defected to rival UBS and took a key banker with him.
Falcon Private Bank's dealings with Malaysian state fund 1MDB reveal the bank threw caution to the wind and using sloppy methods in its dealings. Warnings from staff were dismissed out of hand.
Julius Baer is replacing the head of its activities in the Middle East. The current head, who was in the job for just two years, is moving to Abu Dhabi to spur growth in the emirate.
Singapore's financial regulator has penalised banks for doing business with Malaysian state fund 1MDB, which is at the center of a money-laundering investigation. Swiss bank UBS is guilty of 13 violations.
Julius Baer continues to bulk up its Asian teams with news that three former Credit Suisse bankers have moved to strengthen the banks coverage of the Philippine and Thai markets.
DBS, the local bank caught up in the Monetary Authority of Singapore ruling over the fund flows of the Malaysian wealth fund 1MDB, has been quick to issue a statement in response to the fine and censure it received.
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