Wealth management is one of the major growth drivers for HSBC. In the second quarter, it recorded asset growth driven in part by hundreds of thousands of fresh clients in Hong Kong.

Avaloq's first client in Brunei – Bank Islam Brunei Darussalam Berhad – has gone live on its wealth management platform.

Josef Schuster of financial index provider Ipox examines the latest IPOs in the Middle East. «Very few companies carry the same level of strategic significance and brand strength as Emirates,» he said ...

Japan-based Sumitomo Mitsui Trust is reportedly shutting its Hong Kong branch and moving operations to rival hub Singapore.

The asset management arm of HSBC has made some organizational changes and announced senior appointments for its North Asia business.

Beyond that, the exchange announced that Xu Liang will join the HKEX as head of operations, reporting to Vanessa Lau while Glenda So, the current markets co-head, will become the head of platform and ...

Despite the growing embrace of cryptocurrencies among institutions and retail investors, HSBC is sticking to its policy of avoiding virtual currencies and stocks correlated to them.

Singapore-based digital wealth platform Endowus has hired a former family office investment strategist to join the firm.

In a bold first for Singapore’s banking sector, OCBC has joined forces with NUS, NTU, and SMU to accelerate quantum technology research. The landmark collaboration aims to unlock quantum’s ...

Hong Kong's asset and wealth management industry recorded growth in 2024, backed in part by a surge in net fund inflows.

Hong Kong’s regulator has fined insurance giant AIA’s local branch over anti-money laundering lapses. AIA was fined HK$23 million ($3 million) following an on-site inspection of its Hong Kong branch ...

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