The US firm has appointed an experienced figure to renew the drive towards digital technologies changing how financial and business transactions take place, moves that it predicts will upend how banks and other institutions transfer information.
Singapore-based DBS beat analysts forecasts in the second quarter reporting a 22 per cent drop on first quarter results as loan provisioning again takes the wind out of otherwise solid income flows.
In an unusual move sure to provoke comment, the UK's competition watchdog has blocked the merger of two fintech firms, arguing that the enlarged entity would have have dominated a section of the wealth and technology sector. The action shines a light on industry consolidation, choice and barriers to entry in this space.
The bank, which makes much of its money in Asia, has collaborated with US-based data scientists to improve the quality of machine learning decision-making across its services.
The UK's open-ended property markets sector has been hit by a number of problems, with firms closing exits temporarily due to sudden market turns. This has prompted calls for radical reform.
The bank's results showed that Asia remained its most profitable region for results while Europe was stuck in the red. Credit losses rose amid the pandemic and revenues took a hit, it said.
Earlier this year, the UK bank said it was changing a software system so that it could only use anonymised software, in response to staff concerns that the system was intrusive. The software tracks computer usag...
The US firm has appointed an experienced figure to renew the drive towards digital technologies changing how financial and business transactions take place, moves that it predicts will upend how banks and other ...
The firm has set up online courses for wealth management professionals working in Singapore to help get a tighter grasp of compliance challenges ranging from AML through to cybersecurity matters. We talk to the ...
EPAM, the digital platform services firm, argues that the experience of all wealth management users – client and advisor - can be gradually improved by a series of individual changes. This article examines spe...
The parent group was hit by the pandemic and the associated disruption to business, but its Bank of Singapore arm managed to chalk up a rise in AuM in the quarter. ...
This publication takes a walk around the topic of how women are gaining power as earners, creators and stewards of wealth. We talk to VP Bank Ltd Singapore Branch and Hywin Wealth. The firms are research partner...
The gold price is flirting with the $2,000 per tonne level and a number of forces have been pushing up the price in recent months. This classic safe-haven asset is in play during nervous times. And massive centr...
A new report from this organisation and research partners VP Bank and Hywin Wealth tackles how institutions should be approaching Asia-Pacific’s dynamic women. ...
A recent UK parliamentary report said the country's citizenship/residency-by investment regime must be radically reformed to curb the influence of Russian oligarchs with dubious sources of wealth. The author of ...
What can investors do to assess and understand their portfolios’ vulnerability to future violent volatility fluctuations? ...