Digital wealth platform Arta has expanded its offering with the introduction of Sharia-compliant portfolios. Arta has globally launched its first Shariah-compliant investment portfolios with «fully ...

London-headquartered HSBC continues its global pivot with the latest exit from business banking in the US. HSBC will close its business banking unit in the US, according to a statement. «Following a ...

US-based global asset manager Franklin Templeton has formed a new unit to serve central banks and sovereign wealth funds. Franklin Templeton has appointed Tariq Ahmad and Sandeep Singh as co-heads of ...

Zurich-based Julius Baer has appointed two new market heads in Singapore to succeed a veteran who has worked in the private banking industry for nearly 40 years. Ho has nearly 30 years of wealth ...

An appeal by BSI Bank to strike out a legal claim by 1MDB in Singapore has failed. The case, involving hundreds of millions of dollars, will now proceed. Singapore’s High Court has dismissed an appeal ...

With further hires expected in the second half of 2025, the Singapore opening marks Validus’ first office in the region. Validus Risk Management (Validus), a software and tech-enabled services ...

Brazilian investment bank BTG Pactual is reportedly considering opening a Hong Kong office as part of broader plans to expand its operations in Asia. BTG Pactual is considering opening a new office in ...

Swiss bank UBS has now confirmed that it is selling its Chicago-based hedge fund unit O'Connor to US financial services company Cantor Fitzgerald. In May this year, media reports had surfaced about ...

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 ...

London-headquartered HSBC has named a new head of internal audit to succeed Jonathan Calvert-Davies. HSBC has appointed Russell Jackson as group head of internal audit, according to a statement, ...

(All images: Courtesy of SwissCham) The evening brought together 500 leaders from the Swiss corporate and diplomatic communities, including Ambassador Frank Grütter, alongside Singapore’s Senior ...

Japan’s Nomura is reportedly closing one of its four branches in mainland China only a few years after its opening. Nomura will close its branch in the eastern Chinese province of Zhejiang by the end ...