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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 ...

Bankers from the Asia Pacific region were amongst the most optimistic in their outlook for upcoming bonuses, according to a survey by eFinancialCareers. APAC bankers expect their upcoming bonus payout ...

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) ...

UOB’s tech and ops head has joined the board of Singapore’s Network for Electronic Transfers. UOB head of group technology and operations Lawrence Goh has been appointed to the board of directors at ...

Regulators seem helpless, and banks just don’t seem - or want - to get it. What could ever possibly go wrong? Digitalization. The measure of finance industry cool and the big bad banking buzzword of ...

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 ...

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.

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 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) ...

A veteran in the private banking industry has joined a Kuala Lumpur-based external asset manager. Benjamin Pedley joins JIA Asset Management as head of strategy, according to a statement. He ...