A group of investors in the US have filed claims for damages against UBS Financial Services and one of its financial advisors. An arbitration tribunal of the US authority Finra has now awarded the ...

A founding member of Citi’s commercial bank in Indonesia will lead corporate banking in the Southeast Asian nation. Citi has appointed Wit Oemar as head of corporate banking for Indonesia, according ...

Profits at emerging markets-focused British lender Standard Chartered rose in 2024 with record income. Underlying profit before tax at Standard Chartered rose 20 percent year-on-year to $6.8 billion, ...

India led by a long shot in purely numerical terms last year, but the entire region pulled in more proceeds than the US and Europe combined. The initial public offering is where the road meets the ...

A Deloitte report says they are more optimistic this year, despite the geopolitical environment. A Deloitte report released Wednesday suggests that the average chief financial officer (CFO) is taking ...

A large part of the 2024 reporting season has come to an end: finews.asia compares the performance of the major Swiss private banks. Global market conditions were exceptionally favorable last year. In ...

The Asia pivot at HSBC is being felt within its wealth management unit. Almost all of the business’ growth in assets under management was attributable to the region in 2024. HSBC's wealth management ...

As part of its broader ambitions to attract hundreds of billions in new money, Standard Chartered will look to launch its sixth wealth center in Hong Kong. Standard Chartered will open its sixth cross ...

Anglo-South African asset manager Ninety One has hired a former Clifford Capital executive in Singapore. Ninety One has appointed Leong Kae Xiang as a director, according to a statement. Based in ...

Swiss-listed Youngtimers has expanded into Australia with the acquisition of an asset manager that invests on behalf of large institutions, family offices and high net worth individuals.

In recent years, Forvis Mazars has made several strategic leadership appointments to expand its financial services capabilities in the APAC region. A long-serving partner has now moved to Singapore.

HSBC announced that it will look to save $1.5 billion in annual costs by the end of 2026. CEO Georges Elhedery shared a glimpse of what the plan will look like. As part of the announcement of its 2024 ...