Optimism remains on the long-term outlook for Asia Pacific with the region expected to account for nearly half of all net investment flows in the asset management industry, according to a study by Broadridge.
Swiss private bank EFG improved its profitability through the first nine months of the year, despite a lower base of assets under management.
Institutional interest in digital assets continues to be on the rise, this time with BNY Mellon launching custody services for cryptocurrencies.
Credit Suisse’s former deputy chief executive of wealth management for Asia Pacific Jin Yee Young is expected to join a rival European private bank weeks after leaving the troubled Swiss lender.
A significant share of Pictet’s employees joined the Swiss pure-play only after the start of the Covid pandemic, especially in Asia.
Citi Private Bank has hired a former UBS executive to lead coverage of the high net worth market in Hong Kong and Greater China, finews.asia has learned.
Concerns about lacking capital at Credit Suisse persists, this time with Goldman Sachs estimating a gap as high as $8 billion in 2024.
Crypto giant Coinbase will seek expansion in Asia Pacific via Singapore where it has received approval to provide services in the city-state.
Insurance giant Manulife has announced the appointment of a 20-year veteran from AIA to lead its efforts in marketing and experience design in Asia.
An experienced industry veteran will serve as executive director and CEO of Allspring’s local entity in Singapore.
Hong Kong's Financial Secretary defended the financial hub’s ranking drop in a recently published index specifically highlighting advantages over rival Singapore.
Each year, the Singapore Fintech Festival brings together the global fintech community to engage, connect, and collaborate on issues relating to financial services, public policy, and technology development.
Increasing market volatility and economic uncertainty have driven private banking clients to slow down new investments into discretionary mandates and accelerate diversification, according to HSBC’s Lina Lim in a conversation with finews.asia.
The British-based bank will expand its onshore presence in China by launching a new high-net-worth business in the west of China.
Switzerland's largest bank will lease 250,000 square feet of new office space in Hong Kong outside the traditional central business district.
In the 1MDB scandal’s latest development, Singapore's banking watchdog has issued a 10-year ban against an ex-senior BSI banker for failing to report suspicious transactions.
The IBF Distinguished Fellow title is conferred upon industry captains and leaders who are the epitome of professional stature, integrity, and achievement. The Distinguished Fellows serve as a beacon of excellence for the industry.
OCBC Bank has announced the appointment of a new chief financial officer, succeeding Darren Tan who has been in the position for over a decade.
Leon Li, co-founder of Huobi, has agreed to sell his entire stake in the crypto exchange and fully step down from the business.
Switzerland's second-largest bank faces extreme highs and lows in the space of a week. Is the worst over?
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