In the midst of an ongoing gaming crackdown, various state-backed entities within China issued warnings against stocks linked to the metaverse – shared virtual spaces that use various technologies like blockchain and virtual reality.
The Swiss bank is adding two more to its upper management including a new top compliance official following several costly missteps.
The U.S. fintech giant announced a mostly cash deal to acquire Japan's buy now, pay later (BNPL) payments platform Paidy for ¥300 billion (about $2.7 billion) on Wednesday.
A Pictet family member has been named as the Swiss pure-play's new head of human resources for Asia ex-Japan, further strengthening its drive to expand and attract talent in the region, finews.asia has learned.
Billionaire investor George Soros has been on a media offensive in the past few weeks, with scathing criticism against China's President Xi Jinping and a warning to the world’s largest asset manager.
RBC Capital Markets is launching a new e-FX server and pricing engine in Singapore, developed with the support from the Monetary Authority of Singapore (MAS).
The moves comes several months after he was ousted from the top job at consulting firm McKinsey.
He re-joins HSBC from Standard Chartered Bank in Singapore where, for the last four years, he was global head of product innovation, financing and securities services.
Renowned Chinese dissident and artist Ai Weiwei spoke out about the closure of his foundation's account at Credit Suisse, the bank’s relationship with China and what he called a history of «foul commerce».
The firm's new direct real estate team, based in Singapore, is part of its strategy to build out its alternatives business.
Hague-headquartered Aegon Asset Management is the latest global fund house to deepen its presence in mainland China with a new approval for it to market funds onshore.
Mercer Private Client Services (PCS) is growing its global and Asia leadership team to accelerate expansion.
Any impact on banking from a declining population will be dampened by the high number of foreign residents staying.
Based in Singapore, he brings more than 22 years' of experience in the financial services industry, and will drive the firm's alternative and corporate offering across the region.
China’s recently announced the expansion of a special economic zone in Shenzhen as part of plans to further business links with Hong Kong, including its financial sector.
The Monetary Authority of Singapore has newly formed a sustainability group and appointed a chief officer for the unit.
Credit Suisse has put a figure on the cost of recovering money from the collapsed Greensill funds as it announces the retrieval of more money.
Swiss private bank J. Safra Sarasin is one of the industry's most voracious consolidators and a fillip to its profits so far this year underpins its deal ambitions.
Bellevue Asset Management nabs experienced salesman from DWS as it looks into further market potential in the region.
Kendris, a Swiss advisory firm for wealthy families, has established a subsidiary based in Dubai's International Financial Centre.
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