Swiss bank UBS is strengthening its presence in China after receiving regulatory approval to fully acquire a local securities firm. UBS will acquire an additional 33 percent stake in UBS Securities ...

Hong Kong-based digital lender ZA Bank has announced the appointment of a new chief executive officer. ZA Bank has appointed Calvin Ng as CEO, according to a statement, succeeding Ronald Iu who steps ...

Investment bankers at HSBC, who were expecting bonus payments, instead received termination letters – and this may only be the beginning. British banking giant HSBC laid off a number of investment ...

Yahoo co-founder Jerry Yang says blockchain technology could have a big impact on the future of finance. At the Innovation Asia Forum in Singapore, Yang outlined what he believes is required for ...

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The financial secretary of Hong Kong forecasted that the amount of funds raised via public listings in the city will increase significantly in 2025. Hong Kong financial secretary Paul Chan predicted ...

The world’s largest organization of actuarial professionals has opened a regional office in Singapore. The Society of Actuaries (SOA) has opened a regional office in Singapore, according to a ...

Paris-based BNP Paribas has relocated a sustainability executive from Hong Kong to Singapore to take on a new role. BNP Paribas has appointed Eric Tran as the chief sustainability officer for global ...

The Hong Kong unit of insurer Prudential has announced the appointment of two senior executives. Prudential Hong Kong Limited has appointed Abhishek Kumar as chief risk officer, according to a ...

Liechtenstein-based LGT recorded a lower profit in 2024 as operating expenses increased from costs linked to personnel and the integration of the newly acquired UK wealth business from abrdn. LGT’s ...

The private wealth unit of Deutsche Bank has hired a former Credit Suisse and UBS executive as its chief operating officer for emerging markets. Bernasconi has decades of COO experience across Asia, ...

It is not up-and-coming financial centers such as Hong Kong, Singapore or Dubai that are making life difficult for Swiss banks. The biggest threat to them comes from domestic politics. People are ...