The wider banking group was buoyed by a strong increase in non-interest income in the third quarter. Singapore-based Oversea-Chinese Banking Corporation (OCBC) recorded a net profit of S$1.97 billion, ...

The private banking arm of Citi has appointed a managing director overseeing several markets in Southeast Asia, finews.asia has learned. Tay has worked at Citi Private Bank since 1997. Prior to her ...

There’s an increasing concern that Switzerland is missing the chance to shape the future of finance. In his commentary, finews.asia founder Claude Baumann clarifies that tomorrow's financial industry ...

It has been leaving all other countries in the dust, including the US, Japan, and South Korea. But the real question is why it isn’t a global leader in more sectors and industries. The conventional ...

The political leadership on the mainland seems to be trying to put the geopolitical confrontation on a more positive footing following the presidential vote. According to the statement, he «urged» the ...

It looks like Donald Trump will be the 47th President of the United States. This could trigger a global equity rally, according to Lombard Odier. Donald Trump has reportedly declared victory in the US ...

When it comes to larger and more populous nations, Indonesia and China lead the world when it comes to crime rates and safety. In recent decades, conventional wisdom has held that much of Asia is ...

French asset manager Amundi has announced the appointment of a head of investment for Asia. Amundi has appointed Florian Neto as head of investment, Asia, according to a statement. Based in Hong Kong, ...

The asset management unit of UBS has launched its first-ever tokenized investment fund. UBS Asset Management has launched the «UBS USD Money Market Investment Fund Token» – a money market fund built ...

As part of efforts to democratize its discretionary mandate offering, Standard Chartered launched a unitized fund version which has seen asset inflows nearly double. Standard Chartered’s suite of ...

Centaline Family Office strengthens its team with the addition of an experienced fund manager from BNP Paribas. Hong-Kong-based Centaline Family Office hired Patrick Ho, according to a statement. In ...

Japan’s Mizuho has announced the appointment of a co-head of banking for Asia Pacific. Mizuho Bank has appointed Joris Dierckx as co-head of banking, APAC, according to a statement. In the role, he ...