In an unusual sequence of events, a social media spat about liquidity worries between Binance and FTX quickly led the former to issue an agreement to acquire the latter. Now, there are concerns about regulatory risks from the proceedings.
Terraform Labs co-founder Do Kwon is facing a multi-million dollar lawsuit in Singapore over his alleged role in the crash of its stablecoin.
Crypto billionaire Changpeng Zhao shocked the industry with an agreement to buy FTX.com, following an exchange of social media posts regarding liquidity concerns.
The Saudis and Qataris are not the only ones injecting capital into Credit Suisse. It is rumored a Swiss group also wants in and in a big way. But the trail is murky.
Standard Chartered will take a close look at potential crypto opportunities for the retail market in Hong Kong after the city unveiled its digital asset ambitions last week.
UK-based United Fintech has hired a former Barclays investment banker to lead its business in Asia Pacific.
UBS names Damian Vogel to its executive board and becomes chief risk officer, replacing the current CRO who is stepping down to focus on academia and photography.
Three private bankers have left Credit Suisse's South Asia wealth management business, finews.asia has learned.
Swiss asset manager GAM has transferred the management of two equity strategies to a top portfolio manager in the firm.
Capital Group expands its fixed income unit with the hire of a former Janus Henderson executive for business development in Asia and Europe.
Swiss blockchain startup FQX was a top award winner at the Singapore Fintech Festival after showcasing its settlement capabilities for tokenized debt securities.
The Metaverse is a vision that could be realized in the next ten years. But that doesn't mean companies and brands can't start experimenting in the virtual spaces that already exist, Martha Boeckenfeld told finews.tv.
Swiss-based Vontobel has landed a big fish by appointing a 30-year industry veteran as the new head of its Sustainable Equities Boutique.
Amundi has strengthened its capabilities in Asia with the appointment of heads of investment in North and South Asia.
Despite broader technological developments, virtually all financial firms in the region are still struggling from data and application silos, according to a report by US-based InterSystems.
Art preference amongst the wealthy in Asia is shifting, according to a UBS survey, away from foreign artists to local creators.
Family office resistance against formalizing investment procedures and policies remains strong in Asia, where traditional wealth owners still prefer to trust instinct over process, Credit Suisse’s Thomas Ang told finews.asia.
After the failed takeover of online wealth manager Wealthfront, UBS is turning its focus to the US' southern states. However, the ESG-friendly bank might not be greeted with open arms everywhere.
HSBC has nearly reached the halfway mark for the medium-term hiring target of its wealth management business in mainland China.
There is a growing interest in thematic investments in Asia – in healthcare expertise in particular, Florin Boetschi says in an interview with finews.asia. Bellevue Asset Management has selectively build up customer relationships in the region. These successes and...
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