The asset management unit of UBS has launched its first-ever tokenized investment fund. UBS Asset Management has launched the «UBS USD Money Market Investment Fund Token» – a money market fund built ...

In a wide-ranging interview, AU10TIX’s chief development officer looks at how wealth management KYC needs to change in the deepfake era. We are nearing a deepfake crisis in the region, with the number ...

The Swiss bank Maerki Baumann aims to leverage the growth in the Middle East by opening a branch in Abu Dhabi, focusing on blockchain technology. The Zurich-based private bank Maerki Baumann plans to ...

A family office specialist from Citi has joined Goldman Sachs in Singapore. Jonathan Gan has joined Goldman Sachs in Singapore as an executive director in the alternatives capital markets group, ...

BNP Paribas has been reportedly indicted by South Korean authorities over illegal short-selling. BNP Paribas has been indicted by South Korean prosecutors for allegedly violating short-selling rules, ...

The chief executive of Zurich-based UBS shared his latest forecast of when the Swiss banking giant will complete the migration of clients from the now-defunct Credit Suisse. The migration of clients ...

Chatbots are increasingly being utilized by financial institutions. But the path to full adoption is filled with numerous challenges, according to industry leaders. The adoption and exploration of ...

Mainland China has been a leading spender in art over the past 18 months with expectations for this to potentially continue in the coming year, according to a survey by Art Basel and UBS. At $97,000, ...

London-based HSBC has launched a premium credit card targeting its private banking clients. HSBC has launched a premium credit card in partnership with Mastercard for its private banking clients ...

Asia is undergoing a historic transfer of wealth. Many financial advisors are concerned about business loss from the new generation, according to a survey by Natixis Investment Managers. Nearly half ...

Following the latest global restructuring, London-headquartered HSBC is expected to deliver job cuts for senior roles. This week, HSBC announced a major overhaul of its global structure, reorganizing ...

Research firm Forrester has declared its top predictions for the banking industry in 2025. In 2025, banks will have to prepare for two major challenges, according to a report by Forrester. First is a ...