Major property developer New World Development and numerous lenders in Hong Kong are attempting to complete a historic corporate financing deal. New World Development (NWD) and more than 50 banks in ...

The Kingdom of Saudi Arabia further loosens access to its capital markets with the launch of an offshore securities license. Saudi Arabia’s Capital Markets Authority (CMA) has launched an offshore ...

Swiss wealth management giant UBS will open a new Middle East office in Abu Dhabi. Flows from other locations, like the UK, were cited as a positive driver for the region. «The Middle East has ...

An energy company controlled by Thailand's richest man has raised its stake in a local lender. Gulf Development has raised its stake in Kasikornbank to 5.23 percent, according to a statement by ...

OCBC CEO Helen Wong spoke about the risks and opportunities from the current macro environment of geopolitical uncertainty and tariffs, underlining the bank's plan to push ahead with its HK$1.5 ...

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 ...

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 ...

The private wealth arm of Morgan Stanley has appointed an Asia head for its one-bank solutions team, finews.asia has learned. Morgan Stanley Private Wealth Management Asia has appointed Fenix Wang as ...

A former wealth executive from BNP Paribas has joined a Taiwanese bank as its president. Kate Lin has joined KGI Bank as president, according to a LinkedIn post. Lin has 28 years of financial ...

A 30-year veteran and former private banking executive at Deutsche Bank has joined a Dubai-headquartered firm. Klay Singapore has appointed Cheryl Wong as chief operating officer, according to a ...

Despite a slight increase in assets under management, Swiss-based private bank Reyl & Cie, which also maintains a presence in Singapore, posted a significant loss in 2024. Assets under management rose ...

Wealth management was a standout business at Standard Chartered in the first quarter as the bank continued to advance towards its broader target to grow fresh assets and income. Standard Chartered’s ...