Switzerland's regulator slapped the Swiss bank with supervisory measures for the surveillance of a string of executives. Three people face enforcement action for their role.
The global wealth management brand of Crédit Agricole group has hired a specialist with over 20 years of experience in origination and syndication as well as institutional sales in fixed income.
The family office of former De Beers chairman Nicky Oppenheimer has set up a unit in Singapore in a bid to boost its Asia exposure and drive investment between the region and Africa.
State Street strengthens its Asia Pacific business with the appointment of new heads for Australia and Singapore.
Compared to previous years, where Japan and China led the charge amongst their global peers, Asia’s asset managers experienced a slowdown in their growth over 2020.
China’s two special administrative regions announced their list of eligible banks to participate in the cross-border wealth management scheme.
The international board of directors will oversee its mission and work of fostering dialogue between the public and private sectors to allow for the growth and positive impact of fintech in the new digital economy.
A 24-year Pictet wealth veteran has been appointed as a chief investment officer for its private bank in Asia, according to an internal note seen by finews.asia.
The Singapore-based private wealth manager has hired a new advisor, who brings a wealth of wealth management experience at private banks including UBS and Credit Suisse.
The Singapore-headquartered cryptocurrency trading platform is launching a digital assets platform for high-net-worth individuals (HNWIs) and institutions.
Chinese regulators have green-lighted Goldman Sachs to take full control of its mainland securities business.
The founder of Revolut is putting his burgeoning $7 billion fortune into a British family office.
J.P. Morgan's Jamie Dimon recently reiterated his position that bitcoin was «worthless» – a comment that was paralleled by the growing wave of banking chiefs expressing optimism or, at least, reserving judgment.
The strategic move by the cloud-based trade finance digitisation solutions provider aims to increase engagement with clients, partners and other stakeholders in the region.
China will further tighten regulatory scrutiny amongst domestic lenders, particularly with regards to what it deems as systemically important players.
UBS Asset Management has named a new country head for Australia and New Zealand.
Blackrock has hired a former Westpac banker to join as its head of wealth for Asia Pacific.
Hong Kong’s biggest case of financial fraud in recent history reached its final chapters with the delivery of jail sentences to four individuals.
Persistent portfolio greenwashing has alienated many investors and threatened our common desire to invest in a prosperous future, Roman Gaus writes in an essay for finews.first. How do we do better?
Citigroup’s profits surged in the third quarter, despite a loss on the sale of its Australia consumer banking business.
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