UBS negotiated a grace period for tougher regulation in the wake of its takeover of Credit Suisse, according to documents filed with the SEC.
US venture capital firm Sequoia announced that it will split its business in China as well as India and Southeast Asia into two independent companies.
With key tech experts voicing concern that AI could lead to human extinction, UBS decides to take a distinctly different approach – by simply embedding it into the bank’s risk framework. finews.asia takes a look.
Paris-headquartered Europ Assistance, a unit of Italian insurer Generali, has acquired several of AXA Partners' assistance businesses in Asia Pacific.
JPMorgan CEO Jamie Dimon continues to make headlines about US-China relations, this time with comments supporting Washington’s foreign policy.
Zurich-based private bank Julius Baer is making a deeper foray into private equity. It seeks to raise $250 million from clients in its latest effort.
Local authorities in Hong Kong are looking to extend the list of countries that advise the city’s banking sector to include Qatar, the United Arab Emirates and Liechtenstein.
Several Hong Kong activists staged a rally outside HSBC to protest the bank’s decision to close the accounts of a local political group.
Zurich Insurance could be adding to its Asian business with an acquisition of a life insurer.
In a regulatory filing with the SEC, UBS said it expects to wrap up its agreement with the Swiss government over loss guarantees as part of its government-orchestrated takeover of Credit Suisse.
Rumors the UBS country head for Singapore is returning to Switzerland have proven unreliable, research by finews.asia shows.
The World Happiness Report stages a return after more than a decade and no financial hub in Asia came close to making the top of the list. finews.asia looks at the reasons why.
Hong Kong’s asset management industry could potentially see more blockchain developments ahead with the Securities and Futures Commission saying it is open to fund tokenization.
Paris-headquartered AXA has reshuffled its leadership team with changes that will also impact the Asia business.
New York-based Morgan Stanley is reportedly planning to move to a new office in Singapore with a bigger space in response to business growth.
The SNB takes a step to better optimize operations in a number of different currencies, markets, and time zones.
London-headquartered HSBC is planning to hold a new flagship summit in Hong Kong, filling the void left by Credit Suisse's now-defunct annual investor conference.
The Securities and Exchange Commission is suing Binance with a series of charges, as the crypto giant continues to face growing regulatory pressures in the US.
Digital wealth platform Endowus has formed a partnership with funds platform Allfunds to scale up client access to more investment products.
Revenue generated from wealth management services in Asia will total $90 billion in two years, according to a private banking study by the World Wide Fund for Nature.
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