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 ...

Munich-based Allianz has announced the establishment of a new India joint venture shortly after selling its stake in a separate one earlier this year.

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

The private banking unit of HSBC has been on a hiring spree with a focus on Southeast Asia and international markets.

Two of Singapore’s premier wealth firms are joining forces in a strategic merger set to reshape the landscape for high-net-worth families across Asia, as finews.asia has learned. The combination will ...

Hong Kong's banking regulator has taken disciplinary action against three lenders over deficient anti-money laundering controls.

The CFA Institute, long revered for integrity, discipline, and professional excellence, now finds itself at the center of a high-profile scandal. In New York, the organization’s former Chief Marketing ...

In an effort to capitalize on the wealth boom in the Middle East, Citi will look to accelerate its recruitment efforts in the region. Citi is aiming to recruit private bankers in the Middle East, ...

Bitcoin has rebounded from its 2025 low in April to reach a new all-time high. There is renewed optimism in a sustained rally for the blue-chip token with strong inflows and regulatory tailwinds.

A US-based employee from San Francisco-headquartered Wells Fargo has reportedly been blocked from leaving China. After entering China in recent weeks, Wells Fargo employee Mao Chenyue was subjected to ...