Finews.asia

finews.asia, based in Singapore, stands out as the top news source for finance professionals across Asia. The website provides up-to-the-minute news related to the financial sector, including breaking updates, in-depth articles, industry changes, expert opinions, and the newest trends and individuals making waves in the field.

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Amundi: Asians Less Likely to Hold Investments Digitally

1 week ago | finews.asia | Richard Otsuki

Amundi: Asians Less Likely to Hold Investments DigitallyWhile retail investors in Asia relied on online sources for all types of financial solutions, they were less likely to hold investments on digital platforms compared to global peers, according to a survey by French asset manager Amundi.
Hang Seng Bank Promotes Hong Kong Leader’s Son

1 week ago | finews.asia | Richard Otsuki

Hang Seng Bank Promotes Hong Kong Leader’s SonHSBC subsidiary Hang Seng Bank has announced the promotion of the son of John Lee, Hong Kong's chief executive. Hang Seng Bank has appointed Gilbert Lee Man-lung as vice-chairman of the Hong Kong lender’s China unit, according to a statement. Lee, the eldest son of Hong Kong chief executive John Lee, first joined Hang Seng in 2014. He was most recently the bank's head of strategy and planning as well as chief of staff to the CEO.
Lighthouse Canton Launches Family Office Report

1 week ago | finews.asia | Richard Otsuki

Lighthouse Canton Launches Family Office ReportSingapore-headquartered Lighthouse Canton has released a white paper focused on family offices and their benefits as an institutional model to manage wealth for the ultra-rich. Lighthouse Canton has launched a white paper entitled «The Multi-Family Office Advantage» which explores the benefits of a family office's institutional approach, according to a statement.
Hong Kong Aims to Set Standard for Crypto Analysts

1 week ago | finews.asia | Richard Otsuki

Hong Kong Aims to Set Standard for Crypto AnalystsA professional body for crypto analysts in Hong Kong announced its ambitions to be a leader in the space with the upcoming launch of a standard exam. The Hong Kong Institute of Chartered Digital Asset Analysts (HKCDAA) held its grand inauguration ceremony and marked the official opening of its headquarters, according to a statement.
Accenture Invests in Wealth Content Company

1 week ago | finews.asia | Richard Otsuki

Accenture Invests in Wealth Content CompanyDublin-based IT and management consulting firm Accenture has invested in a new company focused on helping Asian wealth managers in content engagement. Accenture’s venture unit – Accenture Ventures – has invested in GoUpscale, a content engagement technology firm that helps wealth management companies across Asia «reinvent client engagement strategies and elevate digital communications», according to a statement.
LGT and Bill Gross: Princely Bank versus Bond King

1 week ago | finews.asia | Florian Schwab

LGT and Bill Gross: Princely Bank versus Bond King«Surprising Perspectives,» «Connections,» and «Valuable Background Information» are what LGT Private Banking promises to offer its clients and other interested parties. Recently, the princely bank published an incisive discussion featuring Pimco founder Bill Gross. Despite any public misconceptions, Bill Gross is far from a failure.
IQ-EQ Enters Australasian Market Via Acquisition

1 week ago | finews.asia | Richard Otsuki

IQ-EQ Enters Australasian Market Via AcquisitionLuxembourg-based fund services firm IQ-EQ has made an entrance into Australia and New Zealand with a new acquisition. IQ-EQ has agreed to acquire the AMAL Group – a provider of corporate trust, agency services and loan servicing solutions with operations in Australia and New Zealand – according to a statement.
J.P. Morgan PB Adds Managing Director in Hong Kong

1 week ago | finews.asia | Richard Otsuki

J.P. Morgan PB Adds Managing Director in Hong KongThe private banking unit of J.P. Morgan has added an investment veteran to join its Hong Kong office. J.P. Morgan Private Bank has appointed Wayne Bowers as managing director and head of institutional investment solutions in Asia, according to a LinkedIn post by the bank. Based in Hong Kong, he will serve the needs of family offices and non-profit organizations in the region.
Will China Weaponize Its US Treasury Holding?

1 week ago | finews.asia | Richard Otsuki

Will China Weaponize Its US Treasury Holding? Amid the rapidly escalating trade war, some onlookers are speculating that Beijing could retaliate by dumping its giant US Treasury holding. Private banks sound off on the prospect of a mass sell-off by China and beyond. Based on official figures, China is the second largest holder of American government debt, also known as US Treasury bonds, at $761 billion, as of January 2025, behind Japan’s holding of more than $1 trillion.
Asset Management Pioneer Poised for Its Next Growth Leap

1 week ago | finews.asia | Claude Baumann

Asset Management Pioneer Poised for Its Next Growth LeapInvestment products that show little correlation with traditional financial markets are gaining significant importance in light of the market’s inherent unpredictability – a fact underscored by recent events. In this context, an asset manager with more than 20 years of experience is well-positioned to play a pioneering role.