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Friday, 1 May 2026
Friday, 1 May 2026

FINANCE Wednesday, 29 April 2020 11:15

SingAlliance Opens Hong Kong Subsidiary

The Singapore-based independent wealth manager has opened a Hong Kong subsidiary and hired a securities brokerage and asset management specialist to lead its operations there.

FINANCE Wednesday, 29 April 2020 10:45

Robo-Advisor Partners SGX to Launch REIT Portfolio

Syfe's new portfolio gives retail and accredited investors access to the iEdge SREIT 20 Index.

FINANCE Wednesday, 29 April 2020 10:14

Digital Disruption to Birth 100 New FIs in APAC by 2025

The issuance of new banking licenses coupled with market liberalization is expected to create 100 new financial institutions in Asia Pacific by 2025, according to a recent report.

FINANCE Wednesday, 29 April 2020 09:19

Singapore Infrastructure Finance Platform Inks Deal with 15 Banks

Singapore-based Bayfront signed a memorandum of understanding with 15 banks in an effort to fill the infrastructure financing gap in Asia.

FINANCE Tuesday, 28 April 2020 17:41

Singapore Fintech Finaxar Strengthens Leadership

The firm, which provides data-driven financial solutions for small and medium-sized firms , has announced several key senior appointments to its senior leadership team to support its growth in Southeast Asia. 

FINANCE Tuesday, 28 April 2020 16:04

SGX Expands Partnership With Citic Securities

The collaboration covers fixed income, currencies and commodities (FICC), real estate investment trusts (REITs), and capital raising.

FINANCE Tuesday, 28 April 2020 15:22

Profits Double at UBS’s Asia Wealth Unit 

Higher transaction income and steady loans at UBS’s wealth management unit in Asia led profit to double in the first quarter of 2020.

FINANCE Tuesday, 28 April 2020 15:00

More Loan Loss Provisions at HSBC After Q1 Profit Plunge

HSBC reported a 48 percent year-on-year drop in pre-tax profits and increased its reserve for in anticipation of loan losses fuelled by the ongoing pandemic and volatile oil prices.

FINANCE Tuesday, 28 April 2020 14:27

Is It Curtains for Falcon?

Swiss-based Falcon Private Bank has been through turbulent times since the scandal broke about the Malaysia state fund 1MDB. Further trouble seems to lie ahead, according to a report in the media.

FINANCE Tuesday, 28 April 2020 14:16

Chinese Retail Equity Holding Value Plunges

Retail savings and investments in China are set to post their worst year ever since the 2008 financial crisis, according to data analytics firm GlobalData, including a 20 percent decline in equities.

FINANCE Tuesday, 28 April 2020 13:30

Deutsche Bank Extends Wealth Management Contract

Deutsche Bank has renewed its contract with cloud banking provider Avaloq in Asia and in Europe until the end of 2028, finews.asia can exclusively reveal. The contract covers Deutsche Bank’s wealth management businesses in Singapore, Hong Kong, Switzerland,...

 FINANCE Tuesday, 28 April 2020 13:15

UBS' First-Quarter Surge – Looks Forward With Concern

UBS, Asia's largest wealth manager, reported a surge in first-quarter profit on high client transaction volumes. Based on the expected impact of the coronacrisis on the global economy, the bank also noted a number of headwinds going forward.

FINANCE Tuesday, 28 April 2020 12:54

Axa IM's Terence Lam: «We're in Expansion Mode in Asia»

The global multi-asset investor with approximately $900 billion in assets under management said the Covid-19 outbreak has not affected the firm's ambitious plans in the region.

FINANCE Tuesday, 28 April 2020 11:47

Baby Boomers: Digital Banking Adoption Leaders?

Financial institutions have long been centering their digital propositions around what one would believe is their natural demographic match – millennials – but early days in Asia reveal an unexpected surprise.

FINANCE Tuesday, 28 April 2020 11:37

Hong Kong Fintech Secures Funding for Expansion

Oriente has raised $50 million in its ongoing Series B funding round, led by Dr. Peter Lee, co-chairman of property developer Henderson Land, and cloud-based website development platform Wix.

PEOPLE Tuesday, 28 April 2020 11:24

Marcel Ospel and Switzerland's Vulnerability

Few bankers shaped the Swiss banking industry as dramatically as Marcel Ospel. finews.asia on the late banker's crucial misjudgments about the vulnerability of Switzerland.

FINANCE Tuesday, 28 April 2020 10:22

OCBC Fixes Date for Virtual AGM

The bank will pay its final dividend of S$0.28 per share on June 5, after approval at the AGM.

FINANCE Tuesday, 28 April 2020 09:55

HKMA: «The Black Swan Has Arrived»

The Hong Kong Monetary Authority shared its current market views as well as its strategy for the city’s de facto sovereign wealth fund.

FINANCE Tuesday, 28 April 2020 09:05

ICBC Halts Commodity-Linked Products for Retail Investors

ICBC is the latest state-owned bank to rein in on commodity risks, temporarily stopping retail investors from opening new positions in products linked to the asset class.

FINANCE Monday, 27 April 2020 16:14

Bad Loans Surge in 2019 for China’s Listed Banks

Non-performing loans at China’s listed banks surged in 2019 providing indications of the even greater balance sheet damages to follow from the coronavirus pandemic.

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