Following regulatory approval, Zug-headquartered AMINA has commenced the onboarding of clients in Hong Kong including family offices and high net worth individuals.
The year 2024 is not only a year of elections and the year of the dragon, it continues for compliance to be a year of disruptive digital transformation with top challenges ahead in a multifaceted manner, Ralph Ebert writes in his essay for finews.first.
Hong Kong regulators are reportedly seeking to approve spot bitcoin ETFs very soon. Could the city boost its financial hub status via a crypto boom?
Among watchmaking entrepreneurs, Jean-Claude Biver is one of the greatest. In the early 1980s, he was involved in the purchase of the brand rights for the no longer producing Blancpain. Biver brought it back on track; in 1991, Blancpain was sold to the Swatch...
Geneva-headquartered Pictet has appointed a new North Asia head for its wealth management unit, finews.asia has learned, following the retirement of a 35-year industry veteran.
Rapid technological advancements continue to take place in a myriad of different fields. Nonetheless, progress is still gradual within the wealth management industry, especially amongst the largest players, according to Avaloq's Pascal Wengi in a conversation with...
Hong Kong’s financial regulator has granted HashKey Capital an upgrade to its license, enabling the crypto firm to serve retail investors.
Zurich-based Julius Baer has relocated its second office in Singapore to a new space totaling more than 75,000 square feet.
The former Swiss bank has been repeatedly forced to pay substantial damages related to a former Georgian client. Now UBS, which saved Credit Suisse a year ago, is doing its utmost best to defend the latter's actions in Singapore.
UBS’s foundation has launched its first Greater China partnership with a social enterprise in the region.
The leaders of the Hong Kong Monetary Authority as well as the Securities and Futures Commission spoke about the future of the city’s financial sector, flagging the upcoming expansion of cross-border schemes with mainland China.
London-based HSBC will shed its Argentina business and take a $1 billion loss on the disposal.
In the latest integration development, UBS will acquire Credit Suisse’s Japan wealth management business via a local joint venture.
The ongoing debate about globalization – or its reversal – is «too binary», said HSBC CEO Noel Quinn, who believes there is a great likelihood for the world’s interconnectedness to persist.
The asset management arm of BNP Paribas has appointed a head of emerging markets debt.
Hiring confidence across the city's wider financial services sector is currently mired in deep-seated pessimism.
In a CEO letter to shareholders, J.P. Morgan’s Jamie Dimon called for toughness against China, claiming that there is «no alternative to American leadership».
Total assets under management at Asia’s top private banks returned to growth in 2023 after dipping for two consecutive years. finews.asia releases its annual Private Banking AUM League Table in a year that saw major events like the post-pandemic reopening and the UBS...
The mood in the stock markets is good. Too good? According to David Benamou of Axiom Alternative Investments, at least some skepticism is warranted. His opinion is also clear regarding the merger of Credit Suisse and UBS.
US-based Citibank has shifted its Shenzhen branch manager to Hong Kong to take on a new role.
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