The US has officially joined the Israel-Iran conflict after Donald Trump confirmed strikes on three major nuclear sites over the weekend. While Trump’s administration said regime change in Tehran is ...

The Americas widened the wealth gap with other regions in 2024 after strong financial markets fuelled growth, according to a UBS report. Global wealth grew 4.6 percent in 2024, marking the second ...

US banking giant Morgan Stanley is reportedly seeking to up its revenue in Asia after a record performance in 2024. Morgan Stanley is aiming to generate $10 billion in Asia revenue within five years, ...

The Asia Pacific region is the leading engine of wealth creation and, thus naturally, also the establishment of new family offices, according to a report by AlTi Tiedemann Global. More than ...

The wealth arm of the Royal Bank of Canada has expanded its Asia frontline with a handful of private bankers covering the Greater China markets. RBC Wealth Management has hired several senior private ...

Zurich-based Julius Baer has appointed two new market heads in Singapore to succeed a veteran who has worked in the private banking industry for nearly 40 years. Julius Baer has appointed Shui Wei Ho ...

Trust Bank’s second full year in business delivered blockbuster growth. The Singapore digital lender crossed one million customers, doubled deposits, and slashed its operating loss, putting ...

Hong Kong insurer FWD Group is applying for a local listing for the third time since 2022. FWD Group has refiled for an initial public offering on the main board of the Hong Kong Exchanges and ...

Bank of America has strengthened its global payments solutions team in Australia with a new appointment. Bank of America has appointed Nicole Waaka as country head, GPS (global payments solutions) ...

While cryptocurrencies are increasingly entering the mainstream, many developments appear to be the case of decentralized finance entering the world of traditional finance and less so the other way ...

Singapore-based UOB has strengthened its transaction banking business with the hire of a former Standard Chartered executive, finews.asia has learned. UOB has appointed Jocelyn Tan as managing ...

New York-based BNY has hired a former Goldman Sachs executive to lead securities financing in the region. BNY has appointed Nehal Mehra as head of Asia Pacific securities financing & global collateral ...