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Hong Kong’s banking regulator fined a local unit of CITIC over violations of anti-money laundering rules. The Hong Kong Monetary Authority (HKMA) has imposed a penalty of HK$4 million ($510,000) ...

The investment management arm of Natixis has hired a former Morgan Stanley executive to lead its wealth business across several markets in Asia. In the role, Lim will be responsible for leading the ...

A raft of Swiss pure-play private banks have made major Asia C-suite hires in late 2024. Although the end of 2024 is approaching, Asia’s private wealth management industry remains active. Most notably ...

Colors like light blue and white are often linked to summer, sunshine, vacations, lagoons, and beach vibes. Yet, these shades – white and icy blue – are equally representative of winter and glaciers.

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 ...

In 2024, the financial services industry saw various digital advancements across fields, including blockchain and artificial intelligence. finews.asia reviews the top fintech milestones for the year.

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) ...

The investment management arm of US-based Prudential Financial has announced the appointment of a Southeast Asia head. PGIM Investments has appointed Brenda Leow as head of Southeast Asia, according ...

UBS is restructuring its wealth management business in the US. There are restructurings and numerous appointments. UBS is reorganizing its global wealth management (GWM) business in the US as of 1 ...

New York-headquartered BNY has announced the appointment of a global markets trading head for Asia Pacific. BNY has appointed Ashvin Parkash as head of global markets trading for Asia Pacific, ...

The Singapore-based boutique asset manager appoints JC Chong to help meet the demand for independent wealth management services. Paragon Capital Management (PCM), a Singapore-based boutique asset ...