With strong alignment among governments, asset managers and customers, the bank is positive about building a net-zero future, its sustainability chief said.
The weighty trade group is tapping Marcel Rohner, who ran UBS during the financial crisis, as its next chairman.
China’s Industrial Bank has named the successor to the chair after the role was left vacant for nearly two years.
Documents released by a British parliamentary committee unveiled extensive lobbying by ex-prime minister David Cameron for Lex Greensill’s supply chain finance group.
Five companies from across the industry have joined the Singapore Bullion Market Association, adding to its diverse membership base, which currently stands at 12 foreign associate members.
International companies are developing contingency plans in the event a Hong Kong withdrawal, according to a Canadian envoy who underlined the national security law as the major push factor.
The Singapore-headquartered fintech has raised new funds that will be used to accelerate its growth, as well as to invest in product development.
The bank will use InvestCloud's wealth advisory platform to support end-to-end wealth management and financial planning.
China’s digital yuan is reportedly gaining limited traction amongst the mainland public despite the continued national push by Beijing.
The Swiss-Brazilian wealth manager is snapping up two former prominent Deutsche private bankers as global co-heads for its key clients, finews.asia has learned.
Liechtenstein's almost surreptitiously adds bullion to the scope of money laundering regulation – to the unexpected relief of vaults, clients, and banks.
1MDB continues its asset recovery campaign after achieving a settlement with Goldman Sachs, targeting multiple domestic and global entities including J.P. Morgan, Deutsche Bank and Coutts.
The world's largest private bank is reportedly tiptoeing into crypto for wealthy clients. UBS is the latest traditional bank to be backed into the nascent asset class.
He joins from DBS, where he led the bank's Investment & Trading Technology (ITT) Trade Services teams.
Fidelity International hires a former BNP Paribas executive to help bolster its efforts in sustainable investing.
The London Stock Exchange Group will look to expand its passives unit with two new hires in Asia Pacific.
Digital channels dominated HSBC’s retail wealth management business in Asia, making up a dominant majority of sales in the unit.
State Street will expand its Asia Pacific business with the hire of a former KPMG executive for its asset manager segment in the region.
With banking itself not very innovative by nature, modernization is being relegated to fintech. If banks are to remain relevant, they will need to reform by proxy, Mihkel Vitsur writes in an article for finews.first.
Credit Suisse’s former head of prime brokerage is reportedly returning to provide support to the unit which continues to face the aftermath of the Archegos collapse.
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