Standard Chartered unveiled growth targets for its Greater Bay Area business, including the addition of nearly 1,000 new jobs.
Japanese financial conglomerate SBI Holdings is planning to exit Hong Kong over uncertainty caused by Beijing's implementation of the national security law.
The Swiss bank wants a new overseer to replace long-standing Chairman Axel Weber by next spring – and Ralph Hamers has a weighty say in the succession.
Boston-based investment firm Cambridge Associates will open a Hong Kong office to further its focus on Asia as a key market.
The implosion of Credit Suisse's supply chain funds followed a two-year period of surge in these assets. The Swiss bank's growth occurred parallel to the wind-down of controversial GAM products steeped in the same assets.
DBS group chief executive Piyush Gupta’s total pay slid nearly a quarter after the Singapore lender saw profits fall in a similar fashion last year.
Withers has appointed a new Singapore-based partner as part of the expansion of its tech practice in the region.
Arrow Capital has co-sponsored the completed listing of a special purpose acquisition company on the Nasdaq, as the latest Asian player to enter the blank cheque boom.
The Monetary Authority of Singapore reshuffled a series of roles in its top ranks, following the exit of two veterans that have been with the regulator for over 35 years.
Swiss bank Credit Suisse will liquidate funds holding more than $10 billion in assets managed together with imperiled U.K. supply chain specialist Greensill. It isn't clear what investors will get back.
China’s banking and insurance watchdog has made an internal promotion for the appointment of a new vice chairman.
After years in the courts, a resolution has been reached with regards to a court case between an Australian billionaire and longstanding Credit Suisse board member Kai Nargolwala over a luxury villa in Thailand.
GPS is looking to grow its«hub-and-spoke» model in the region to cater to increased client demands as the payments industry continues to pick up speed in Asia Pacific.
Manulife Investment Management makes an appointment to a newly created role focused on the China market.
Swiss bank UBS lifted pay for outgoing CEO Sergio Ermotti by nearly 14 percent and granted its new CEO Ralph Hamers a $3.3 million bonus for four months of work.
Certain wealth managers pride themselves on being the best in the world, but the world's best private banker is a Spaniard who is imbibing the «Netflix model» into the industry.
Global trends in digital commerce accelerated as a result of the pandemic, and one of the main beneficiaries are digital wallets, which have gained in popularity at the expense of credit cards.
The Bank of Japan's stock price surge was the latest rally in 2021 that could not be fully explained. finews.asia reviews the mysterious central banking bonanza.
Tookitaki is partnering with Hewlett Packard Enterprise to provide the financial sector with enhanced anti-money laundering capabilities using artificial intelligence and machine learning.
Beijing-based Citi Securities continues to tighten controls on CLSA with the reported exit of five out of eight of its institutional bond sales team.
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