The Japanese banking giant’s cost-cutting progress has given it space for expansion and it will focus on its wealth and fixed income business in Asia.
The global asset management firm will open an office in Singapore, on the back of strong regional growth.
Sygnum Bank’s Head of Blockchain Engineering, Gavin Pacini, shares his views on the much-anticipated Ethereum 2.0 and the yield generating opportunities it will bring.
Central banks globally are once again fleeing towards safe haven assets like precious metals, with the U.S. and Russia leading the pack.
China’s chief regulators called for banks to be wary of balance sheet exposure to the property sector, revealing figures that were significantly higher than official data.
The bank's long-standing head of asset management is stepping down, following a series of organizational changes for the flagship unit. The move consolidates more power under CEO Zeno Staub.
The Private Banking Industry Group launches a talent development initiative aimed at undergraduate students in Singapore.
Libra, the cryptocurrency project launched by Facebook, is changing its name and expects to launch the dollar-based stablecoin soon.
At Credit Suisse, António Horta-Osório can fill Urs Rohner's shoes handily. The Swiss bank is getting a fierce proponent of technology and of workplace diversity – and its first-ever foreign chairman as it patches up its reputation at home.
After a deadly pandemic wiped out most revenue for the year, Macau’s gaming industry could face a permanent structural shift with the potential introduction of a new system to exchange digital yuan for gambling chips.
Westpac will boost capital and consolidate focus around its local business following the sale of its general insurance arm to Germany’s Allianz.
Aberdeen Standard Investments bolsters its Japan unit with the hire of a former Schroders executive.
The bank cautioned that it may exhaust its legal provisions in a long-running U.S. court dispute. It is the second hefty write-down this quarter for Credit Suisse.
The move will enable businesses to access a larger market of consumers for receiving e-payments instantly and seamlessly.
Nearly half of Asia Pacific investors claimed that the pandemic dented the trust in their own decision-making capabilities, though market-timing was still cited as the stop strategy.
A Portuguese banker will succeed Urs Rohner as Chairman of Credit Suisse.
Some players want to develop a dominant central banking digital currency. Some want to be a top market for cryptocurrencies. Japan is establishing the foundation to be both. finews.asia takes a look at its uniquely synchronized supply-side dynamics.
The ABS Code of Best Practices for Commodity Financing, launched with the support of the Monetary Authority of Singapore (MAS), Enterprise Singapore (ESG) and Accounting and Corporate Regulatory Authority (ACRA), is the industry’s first set of commodity financing best...
Since the mid-2000s, western entrepreneurs and bankers returning from China would wax reverently to anyone within earshot, usually more than once, about the ability of the country and its government to plan for the long-term. That makes many of the recent steps...
The three partners will collaborate on payment solutions aimed at addressing the under-served micro, small and medium enterprise (MSME) lending market.
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