GenAI is already helping criminals circumvent standard CDD and KYC practices. The tried-and-tested process of keeping soft and hard copies of a private banking client’s passport or ID card for ...

Art Basel announces exhibitors and first highlights for its 2025 show in Hong Kong. Art Basel has unveiled the list of exhibitors and key highlights for its 2025 edition in Hong Kong, set for March 28 ...

How will China’s economy and markets perform under a Trump administration and a Republican Congress? Private banks believe the road ahead will not be smooth, though Beijing may have tools to cushion ...

Danish online trading platform Saxo has announced the appointment of a head for APAC as well as Singapore. Saxo has appointed Damian Hitchen as regional head of APAC and MENA, according to a statement ...

The private banking arm of Citi has appointed a managing director overseeing several markets in Southeast Asia, finews.asia has learned. Tay has worked at Citi Private Bank since 1997. Prior to her ...

It has been leaving all other countries in the dust, including the US, Japan, and South Korea. But the real question is why it isn’t a global leader in more sectors and industries. The conventional ...

Vontobel has released selective financial figures for the first nine months of the year and provided a strategy update, reaffirming confidence in its ongoing cost-cutting efforts. In its trading ...

The wider banking group was buoyed by a strong increase in non-interest income in the third quarter. Singapore-based Oversea-Chinese Banking Corporation (OCBC) recorded a net profit of S$1.97 billion, ...

The political leadership on the mainland seems to be trying to put the geopolitical confrontation on a more positive footing following the presidential vote. According to the statement, he «urged» the ...

In an interview with finews.asia at the Singapore Fintech Festival 2024, Roland Stähli, founder of WebAccountPlus, discusses his vision to bridge critical data gaps in wealth management with a ...

In a first, the Singapore-based bank's net profit crosses the S$3 billion threshold as it benefits from fee income performance, particularly in its wealth management business. The DBS group indicated ...

It looks like Donald Trump will be the 47th President of the United States. This could trigger a global equity rally, according to Lombard Odier. Donald Trump has reportedly declared victory in the US ...