UBS launches the world's first digital bond that can be traded on both blockchain-based and traditional exchanges.
The Swiss bank’s prized wealth division will not be spared from job cuts which could come as soon as next week, according to a media report.
Ping An has come out publicly for the first time to support a spin-off at HSBC, placing emphasis on the British lender’s relatively high cost base.
Malaysia-based Maybank has announced the appointment of a new chief executive for investment banking.
While many wealth managers have been able to grow assets under management, generating a sound return on those assets remains a challenge, in part due to an ineffective content strategy, Adviscent CEO Thomas Bosshard told finews.asia. Especially in a risk-off...
Banks are facing increasing compliance challenges due to growing geopolitical tensions. They might be housing sanction-linked risks they don’t know about, Polixis' COO Diana Babayan told finews.asia.
Instead of partnering with Big Tech, banks and neobanks can utilize third-party software in order to acquire the needed functionalities to continue growth, Serge Beck writes in an essay for finews.first.
New digital-asset indexes seek to track the performance of the largest digital assets by market capitalization.
France's largest listed bank beat analysts' expectations in the third quarter. Former Swiss National Bank President Philipp Hildebrand sees BNP as a role model. Also for Credit Suisse.
OCBC joins its Singapore rivals in capitalizing on the post-Covid rebound and rising rates to register a new high in quarterly profits.
To keep its dealmakers from leaving, Credit Suisse is raining money on its dealmaking rainmakers.
Zug-based private markets firm Partners Group has launched a private wealth business unit, formalizing its private wealth fundraising.
The Monetary Authority of Singapore's Ravi Menon reiterated the city-state's crypto ambitions but underlined that it does not include speculation.
Former Goldman Sachs banker David Wildermuth is reshaping Credit Suisse's risk management. Two more executives are joining him.
finews.asia talks to the CEO of a transformation consultant about the perils of letting AI run free.
The chairman of troubled developer Evergrande has reportedly had his mansion in Hong Kong seized by state-owned lender China Construction Bank.
Aviva Investors has hired a former executive from Franklin Templeton to lead its business in Asia Pacific.
The banking industry could welcome a crypto billionaire as an owner with Binance founder Changpeng Zhao reportedly expressing interest in acquiring a lender.
Standard Chartered CEO Bill Winters highlighted some of the downsides from the potential mass adoption of central bank digital currencies, including a poor customer experience.
Rising rates boosted interest margins, enabling DBS to register a record profit for the third quarter.
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