News

Dubai-based Mashreq inked a partnership with Goldman Sachs Asset Management to expand its offering to wealth clients. Mashreq has formed a partnership with Goldman Sachs Asset Management (GSAM) to ...
Singapore-based UOB is boosting its commitment to Vietnam with a fresh capital injection and new headquarters. UOB will increase the charter capital of its Vietnam subsidiary to 10 trillion Vietnamese ...
The MAS tells parliament it will not add additional governance requirements and compliance controls to family-controlled entities benefiting from tax incentives. The new family office scandal sweeping ...
The potential in wealth and asset management is huge, but it always seems to be just out of reach. The dark art of tokenization. It is kind of like securitization, but then it isn’t. The closest ...
Asia’s top private banks posted a second consecutive year of growth in assets under management to reach a record-high of over $2 trillion in 2024, according to finews.asia's annual Private Banking AUM ...
Singapore-based UOB is taking legal action against a former logistics firm CEO, an online news portal and editor over what it calls «defamatory» allegations. UOB will take legal action against Ken Koh ...
A London-based European private equity firm is expanding its Asia operations with the opening of a new office in Singapore. Inflexion is opening a new office in Singapore and has appointed Shane Gong ...
Swiss private bank J. Safra Sarasin, which also maintains a strong presence in Asia, significantly expanded its position last year: net profit increased remarkably once again. Discretion characterizes ...
BlackRock CEO Larry Fink spoke about his continued confidence in capitalism despite increasing support for protectionism, highlighting growth plans in emerging markets. According to BlackRock CEO ...
Trump 2.0’s so-called «Liberation Day» is just around the corner. What does that mean for the Asia Pacific region? The frenzied rounds of tariffs and reciprocal tariffs make for busy times in ...
Swiss bank UBS is strengthening its presence in China after receiving regulatory approval to fully acquire a local securities firm. UBS will acquire an additional 33 percent stake in UBS Securities ...
At the end of March 2025, DBS will bid farewell to one of its most influential leaders as Piyush Gupta steps down after a remarkable 16-year tenure. During his time, he redefined the bank’s identity, ...