Former bankers Wang Qiming and Liu Kai are the latest charged in Singapore’s headline money laundering case. The two were reportedly ambitious performers in the inustry chase for Chinese wealth. Wang ...

The former head of global equities at the now-defunct Credit Suisse has been chosen to lead execution services at UBS, finews.asia has learned. UBS has appointed Neil Hosie as global head of execution ...

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 ...

The final defendant in Singapore's largest money laundering case pleaded guilty last Friday. The confiscated billions of dollars are held at many prestigious banks. Swiss bank Credit Suisse – now ...

Hong Kong’s banking regulator fined a local unit of CITIC over violations of anti-money laundering rules. The Hong Kong Monetary Authority (HKMA) has imposed a penalty of HK$4 million ($510,000) ...

A 30-year financial veteran has joined J.P. Morgan as its regional vice chair, finews.asia has learned. J.P. Morgan has appointed Alex To as vice chair of Asia Pacific, according to an internal memo ...

Swiss-listed Youngtimers has expanded into Australia with the acquisition of an asset manager that invests on behalf of large institutions, family offices and high net worth individuals.

China continues opening up its financial sector to foreign entrants, this time to two insurers from France and the US. Mainland China has approved the establishment of a joint venture between BNP ...

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 ...

Tokyo-based Sumitomo Mitsui Banking Corporation has appointed a head of transaction banking product for Asia Pacific. SMBC has appointed Atul Bhuchar as head of transaction banking product, Asia ...

British asset manager aberdeen Investments has hired a former executive from J.P. Morgan in Singapore. aberdeen Investments has appointed Isaac Thong as senior investment director on the Asia Pacific ...

A 28-year asset management veteran has joined New York-headquartered Neuberger Berman’s Singapore office to lead intermediary sales in the region. Neuberger Berman has appointed Madeline Ho to lead ...