South Korea’s Financial Supervisory Service (FSS) said it will tighten oversight of banks and take action against weak internal controls...

Global asset manager PineBridge Investments has appointed Angie Ng as Chief Executive Officer for Malaysia and Managing Director,...

Great Eastern’s Malaysian subsidiaries have scrapped their planned acquisition of AmMetLife Insurance and AmMetLife Takaful, the insurer...

Sydney-based investment bank Barrenjoey has opened an office in Hong Kong, its second overseas location after Abu Dhabi, to expand...

Taiwan is advancing financial deregulation to expand its asset management sector and attract more private banking clients, Financial...

HSBC Holdings will scale back its investment banking operations in Europe, the UK, and the Americas as part of CEO Georges Elhedery’s...

Singapore’s reinsurance market is set for strong growth in 2025 as the government seeks to solidify the country’s position as a leading...

Singapore businesses must stay agile as trade uncertainties and cost pressures could impact growth in 2025, Deputy Prime Minister Gan Kim...

The number of bank branches in South Korea fell for the sixth consecutive year in 2024 as more customers opted for mobile and online...

The Philippines is on course to exit the Financial Action Task Force’s (FATF) gray list by next month, according to Bangko Sentral ng...

The Financial Services Development Council (FSDC) has announced new appointments and reappointments to six advisory committees. The...

China released guidelines to enhance supervision of trust companies, aiming to strengthen risk control in the sector, according to a...

Vietnam’s Ministry of Planning and Investment (MPI) has proposed a regulatory sandbox for fintech activities under a draft resolution to...

Standard Chartered has appointed Khoo Kian Jin as head of private markets for South and Southeast Asia, strengthening the product...

South Korea’s major brokerage houses are estimated to have posted a combined operating income of KRW5.66tr (USD3.94bn) in 2024, up from...

Thailand’s economy is forecast to grow 3%-3.5% in 2025, supported by stimulus measures, foreign investment, and a projected 39 million...

Investors in Asia are urged to actively manage portfolios in 2025 as diverging trends in Chinese and Indian equities challenge index...

Asian hedge funds rebounded in 2024, with many posting double-digit gains as China’s stock market recovered, Japan’s equity rally surged,...

Over half of American businesses in China are concerned about worsening US-China relations, the highest level in five years, according to...

Singapore’s thriving family office sector is set to bolster the wealth management businesses of DBS, OCBC, and UOB, analysts said. The...