The Monetary Authority of Singapore once again touted self-responsibility when it comes to crypto trading, underlining that regulations cannot protect investors from losses.
BNY Mellon Investment Management has expanded its intermediary business with a new hire in Hong Kong.
There is a mismatch between words and deeds amongst Asia’s general partners when it comes to actual implementation of ESG principles, according to a recent survey by Morrison Foerster.
Seven members of a UBS wealth management team in the US that left to join a competing firm are now being sued in the United States by their old employer.
Credit Suisse says the Saudi National Bank is just one investor among others. Swiss Lawyer and compliance expert Monika Roth told NZZ why she sees this differently.
Following a raft of decisions recently from major central banks, finews.asia talked with EFG's chief economist Stefan Gerlach about putting the puzzle pieces together.
HSBC Private Banking has rolled out a new advisory service in the region to leverage both its tech capabilities and human expertise to deliver a hybrid offering.
The opening of the new HQ comes on the back of the British lender’s earmarked $3 billion investment in South and Southeast Asia.
The Singapore Fintech Festival this year saw the highest attendance on record since the inception of the event, according to the city-state’s regulator.
She thought no one would notice her in the Credit Suisse «engine room». But then, people told her, don’t miss the job, you got a huge responsibility. And that’s when Joanne Hannaford realized that she is the first Chief Technology Officer sitting on the Executive...
Former Goldman banker Roger Ng has sued ex-boss Tim Leissner over alleged fraud involving the theft of stakes in an energy drink maker and an AI firm.
The dramatic decline of the FTX crypto exchange has severely shaken investor confidence. For traditional financial institutions with crypto services, the debacle could represent an opportunity, finews.asia finds.
Senior executives at fallen crypto exchange FTX and affiliated trading firm Alameda Research reportedly had knowledge about the former lending customer funds to support the latter.
Chicago-based Northern Trust has announced the appointment of a regional head of digital asset innovation, just months after forming a crypto unit.
The turning point for many business downfalls is determined at the moment of their greatest success, as business strategy literature shows. Teodoro Cocca writes in his article for finews.firstthat every bank manager can draw fundamental lessons from the dramatic...
Hong Kong people need total assets valued at around $1 million just to reach the middle class, according to a recent study by HSBC.
Authorities across the world have been moving in on FTX which is facing investigations and asset freezes, all while attempting to fill a multi-billion dollar liquidity gap.
Two years ago, it proudly celebrated its 175th anniversary. Now, an Arab financial institution has unexpectedly taken over Gonet, a private bank in Geneva. What happened?
Hong Kong authorities arrested eight individuals over alleged market manipulation via a pump-and-dump scheme.
Blockchain firm HashKey has received a virtual asset license in Hong Kong – the first in two years – in the midst of the city’s fresh ambitions to become a crypto hub.
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