The authorities in the United States have issued a stern warning to China's Agricultural Bank of China citing «significant deficiencies» at the banks New York unit.
Singapore's Fintech sector looks poised to grow as rivals around the world struggle with regulatory challenges and political upheaval, claims a new report from ACCA.
Chubb Life, the global life insurance division of Chubb, announced the appointment of several new roles in Hong Kong and Singapore and a new Chief Marketing Officer.
The doomsday investor mood surrounding Deutsche Bank has laid bare the weakness in Europe’s financial system. Disagreements over how precarious the situation actually is highlights rampant uncertainty.
Banks and financial market leaders are turning to Blockchain to create new business models, two new studies from IBM show. Two thirds of surveyed banks expect to be in production within three years.
The Swiss derivatives specialist Leonteq is reinforcing its management with three new executives, including in Asia. The move illustrates the growing pains in the nine-year-old firm's business.
As investors take a more selective approach to investments, fewer private equity deals have been done in the first half of 2016. The muted deal volumes in Southeast Asia reflect a global market trend.
The Australian Securities and Investments Commission has permanently banned a former Deutsche Bank currency trader from the industry after a series of false trades artificially boosted the bank's revenue.
Manulife has opened a new Lab of Forward Thinking location in Singapore. The hub joins established labs in Boston and Toronto to focus on innovation and emerging fintech solutions for Asian consumers.
Praemium, a provider of investment platforms and solutions to wealth managers, has announced the appointment of three experienced professionals augmenting their growing Australian team.
Bob Foresman has vast experience as an investment banker in Russia. He has just been appointed to a key position at UBS’ investment bank. Andrea Orcel’s expectations are clear.
The Taiwan-based operations join those using Olympic Banking System in Singapore, Hong Kong among a number of other locations.
Credit Suisse has hired a new head of private banking for Japan, one of the Swiss bank's priority markets in the region. It is the latest in a string of successful hires from rival UBS.
Following reports in finews.asia earlier this week that Goldman Sachs is said to cut dealmaker jobs, the head of the Investment Bank for Southeast Asia is said to be about to leave the firm.
E-wallet operator TNG Wallet has rolled out a free real-time cross-border money transfer service from Hong Kong to 12 Asian countries. The firm now has plans for global expansion.
UBS sees Blockchain technology sweeping over financial services as soon as one year from now, Veronica Lange, the Swiss bank's head of innovation said. But how is the bank preparing to effectively disrupt itself?
Following the retirement of George Lee after 16 years with the bank, Singapore’s OCBC has created a new role of Head of Global Corporate Banking
There are several fields in which UBS predicts major distruptive movements. Here are eight of them, as presented at the Swiss banks CEO Summit held in Hong Kong this week.
Welcome to the world of hipsters as HSBC is looking for office space in trendy tech-focused London neighbourhoods.
The inter-governmental body, the Financial Action Task Force, has assessed that the country has a strong framework for anti-money laundering and countering the financing of terrorism. However, specific areas were highlighted for improvement.
Page 886 of 1007
