There could be two completely separate causes of the recent bear market in bitcoin.
UBS says its key Global Wealth Management division has gained momentum, and many commentators put this down to the so-called Khan Effect, but a closer look at the numbers tells a different story.
Buoyant wealth management revenue improvements in all regions worldwide diverged with Asia Pacific’s somewhat more pedestrian pace.
Swiss bank UBS reports second-quarter 2021 net profit attributable to shareholders of $2 billion, up 63 percent from a year earlier.
Swiss asset manager seeing solid momentum from client activity and the general business environment, benefiting assets under management in the first half.
Private bank Julius Baer is to use a blockchain-based compliance platform with the aim of attracting independent asset managers as clients.
The American Chamber of Commerce in Hong Kong spoke about increased risks of doing business in the city after Washington issued an advisory, highlighting desire for reassurances and more clarity about the national security law.
Assets under management globally climbed nearly 10 percent at Union Bancaire Privée which saw profits dip slightly.
Hong Kong’s Securities and Futures Commission joined global watchdogs in warning Binance, underlining that the firm was not licensed to conduct regulated activities in the city.
Credit Suisse adds a new private banker for the Australian market, finews.asia has learned, hiring from the National Australia Bank.
Liechtenstein-based bank LGT has bought a German roboadvisor very soon after its return to the German market, a significant move.
A big gap has opened up not only between UBS and Credit Suisse’s share prices but also between expectations for their second-quarter earnings.
BNY Mellon Investment Management has hired a new head of intermediary for Southeast Asia.
J.P. Morgan has added data science responsibilities to its existing Asia Pacific head of equity trading in a newly created role.
As expected, Washington issued an advisory to U.S. businesses regarding the increased risks to their operations and activities in Hong Kong due to imposition of the new national security law last year.
Pablo Picasso's art was considered pioneering when he created it and remains innovative, with stakes being sold in it using blockchain technology for the first time ever.
Singapore Myanmar Investco (SMI) will develop a cryptocurrency cloud-mining platform with The9, according to a memorandum of understanding signed by the two sides.
The ultra-high net worth focused investor services firm is appointing several senior replacements for its growing Asia business.
The listing of the Chinese ride-hailing company Didi in the U.S. started well until, just two days after the IPO, news came out that the firm was under scrutiny from the Chinese government. In an article on finews.first, Gun Woo takes a closer look at what...
Hong Kong authorities arrested four men suspected of money laundering linked to cryptocurrency valued at $155 million.
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