Fintech financing in first half of 2016 has reached almost $10 billion in the APAC region. This is almost double the amount for Asia-Pacific for the whole of 2015.
Several Japanese banks are planing to use blockchain technology for their foreign exchange services. About 30 financial institutions are expected to be on the membership list in March 2017.
Kelvin Ang Wee Keng, the second person charged in connection with Singapore’s on-going investigation of Malaysian wealth fund 1MDB, will have his pre-trial conference next month.
Innotribe, SWIFT's innovation arm, and Innovate Finance, the membership organisation for global fintech, have launched the Global Fintech Hubs Federation.
Singapore's financial regulator charged three bankers with front-running stocks in trading incidents dating back to before the financial crisis of 2008-09. It marks the first criminally pursued case of its sort in the city-state.
The new Swiss law on potentates is an important signal to criminal leaders of this world, writes Lukas Wiedemann: unlawfully acquired money isn't welcome anymore in Switzerland.
Knight Frank, the independent global property consultancy has made four new management level appointments in Shanghai and Beijing.
As Singapore sees an increasing spate of defaults, the city-state’s private banks are coming under the microscope for earning bonuses by selling the risky debt. The regulator claims an industry group is looking into the actions.
As it adjusts to changing consumer and regulatory expectations, Australasia’s peak financial services association, Finsia, has announced the appointment of a new Chief Executive Officer.
HSBC Bank has appointed a new Head of its Retail Banking and Wealth Management business in Singapore.
U.S. banking giant Citi has announced that the recipient of Citi Mobile Challenge Asia Pacific «Best Money Manager Solution» award. Mtel, has taken its winning concept to market with the launch of the CreditCheck app in Hong Kong.
The Hong Kong Securities and Futures Commission has fined Morgan Stanley Hong Kong Securities for internal control failures between 2010 and March 2016.
Old Mutual Global Investors, part of Old Mutual Wealth, has a newly created Singapore based role of Managing Director for Commodities.
In an effort to lift standards by major financial advice providers in the country, the Australian Securities and Investments Commission has continued its crackdown, banning two Macquarie advisers.
In association with one of China's leading business schools, Swiss bank UBS has launched the «UBS-Fudan Finance Certificate and Scholarship».
The Securities and Futures Commission in Hong Kong has suspended the licence of an account executive of BOCOM International Securities for 18 months, for engaging in manipulative activities.
UBS for months has been working on a digital currency at its laboratory in London. The effort seems to have paid off.
The Monetary Authority of Singapore has announced the opening of its Fintech Innovation Lab. The purpose-built facility, known as Looking Glass@MAS, is located within the regulators own headquarters.
A major Credit Suisse investor raised its stake again recently to just behind the Swiss bank’s largest shareholder, the state of Qatar. Does the move foretell a shift in priorities for the crisis-hit bank?
The Asian investment management arm of Prudential plc, Eastspring Investments, one of the region’s largest investment managers, has announced a new Chief Executive Officer for its Singapore business.
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