London-headquartered HSBC has hired a former Citi banker to lead its international wealth hub in Singapore. HSBC has appointed Jil Chin as head of international wealth hub for Singapore, according to ...
In 1960, the city-state’s per capita GDP was one-third of Western Europe’s; now, it is nearly double. This August, it will be exactly six decades since the founding of Singapore as an independent, ...
UBS faces an unpleasant New Year's surprise in the U.S. An important financial media outlet cites allegations about previously undisclosed Nazi-linked accounts at Credit Suisse. The United States ...
In September 2024, Vontobel revealed its plans to acquire IHAG's client book. The Swiss investment firm has now announced the successful completion of the transaction. The announcement made waves: On ...
Artificial intelligence presents significant challenges for boards of directors. Companies must decide how to effectively integrate AI to keep pace with digital transformation. Christian Vasino, CEO ...
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The Swiss parliamentary investigation into the collapse of Credit Suisse sounds the death knell of FINMA’s principles-based regime. Hundreds of pages of reports examining what happened can also be ...
A real estate joint venture between Warburg Pincus and Sydney-headquartered Lendlease has appointed a chief executive officer based in Singapore. Private equity firm Warburg Pincus and Australian ...
The Hong Kong Monetary Authority has announced the first group of banks and tech firms that will participate in its generative artificial intelligence sandbox. The Hong Kong Monetary Authority (HKMA) ...
There is a wave of new leadership in Asia’s banking industry. finews.asia takes a look at some of 2024’s top moves in the region. In 2024, Asia’s banking industry saw major shifts in leadership talent ...
Asia Pacific was the top region in terms of initial public offerings, according to GlobalData, with India being the continent’s leader. APAC saw 604 companies go public and raise a total of $33.9 ...
The world’s billionaires saw their wealth increase to a new high in 2024, according to a Bloomberg index, with those in mainland China also gaining and breaking a three-year losing streak.