As part of ongoing efforts to strengthen Middle Eastern links, Hong Kong has launched its first-ever Islamic bond ETF. Hong Kong has listed its first-ever Islamic bond – also known as sukuk – exchange ...

In a landmark event celebrating 60 years of Singapore’s independence, SwissCham Singapore and the Swiss Club Singapore co-hosted a gala last weekend that highlighted the deep and evolving partnership ...

Digital wealth platform Arta has expanded its offering with the introduction of Sharia-compliant portfolios. Arta has globally launched its first Shariah-compliant investment portfolios with «fully ...

An 18-year Citi veteran has been named as the head of corporate banking for South Asia. In this role, Thakker will oversee business strategy, financial performance, talent development and execution ...

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 ...

«We are delighted to appoint Pei-Si to succeed Ramu as Group CEO. As a veteran banker with the unique experience of having launched Malaysia’s first digital bank, Pei-Si understands the tremendous ...

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 ...

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 ...

High net worth investors in China are wary of the uncertain market environment, preferring to hold significant allocations in cash or cash-like products, according to GlobalData. Nearly 27 percent of ...

A former executive of the now-defunct Credit Suisse has joined the Royal Bank of Canada in Singapore. Steven Fong has joined RBC’s Singapore office as executive director and head of investment & ...