Trust Bank’s second full year in business delivered blockbuster growth. The Singapore digital lender crossed one million customers, doubled deposits, and slashed its operating loss, putting ...

Swiss wealth management giant UBS will open a new Middle East office in Abu Dhabi. Flows from other locations, like the UK, were cited as a positive driver for the region. «The Middle East has ...

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 ...

Tokyo-based SMBC has hired a former DBS executive to lead its corporate banking business in Asia. SMBC has appointed Joyce Tee as head of corporate banking department in Asia Pacific, according to a ...

In a landmark event celebrating 60 years of Singapore’s independence, SwissCham Singapore and the Swiss Club Singapore co-hosted a gala last weekend that highlighted the deep and evolving partnership ...

Neobank Revolut, which also maintains a presence in Singapore, is setting up its Western European headquarters in Paris and applying for a French banking license. UK-based neobank Revolut is expanding ...

Rating agency Fitch has lifted the Swiss banking giant’s outlook from «stable» to «positive» while reaffirming its long-term Issuer Default Rating at «A.» The upgrade lands at a moment when UBS shares ...

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, ...

Third Time’s the Charm for FWD's Hong Kong IPO? Hong Kong insurer FWD Group is applying for a local listing for the third time since 2022. FWD Group has refiled for an initial public offering on the ...

An 18-year Citi veteran has been named as the head of corporate banking for South Asia. In this role, Thakker will oversee business strategy, financial performance, talent development and execution ...

New York-based Goldman Sachs has merged what was previously three separate investment banking units in Asia. Goldman Sachs is combining three Asian investment banking businesses into a single unit, ...

A former private banker has completed a management buyout of Bern-based asset manager OLZ’s Hong Kong unit. A management buyout of OLZ (Hong Kong) – a subsidiary of OLZ AG (Switzerland) – has been ...