Managers of Wealth Asia Pacific

Hong Kong Authorities Shrug Off FTX Collapse

Sam Bankman-Fried’s FTX was founded in Hong Kong before moving its headquarters to the Bahamas in September 2021 but the firm remains on the city’s corporate registry.

SoftBank Group unit seeks up to US$215m in Paytm stake sale

SoftBank is one of Paytm’s biggest shareholders, along with Alibaba Group Holding and its fintech affiliate Ant Group.

Tranglo launches real-time payments to Malaysia

Tranglo now performs more than 80% of its cross-border payments in real time.

KB Securities, Subsidiary of Korea's Largest Banking Group, Takes Stake in ADDX as Part of US$20M Upsize to Pre-Series B round

The investment will also be used to fund the firm’s global expansion, which includes plans to enter more markets both by working with partners and by obtaining new licenses.

Avaloq: Onshore Wealth Growth Fuels Southeast Asia Tech Demand

In Southeast Asia, this trend has extended beyond the regional hub of Singapore to various onshore markets.

ADDX raises further $20m led by Korean banking group

The Singapore-based digital private markets exchange will use the money to expand its service for wealth managers and accelerate its overseas expansion plans.

Citi Ventures makes first fintech investment in India

The company intends to use the capital injection to expand overseas in Asia and the US.

Japan cracks down on FTX unit, freezing exchange activity

The move follows the dramatic downfall of crypto mogul Sam Bankman-Fried, who on Wednesday told investors that his troubled exchange FTX may have to seek bankruptcy if it doesn’t get a bailout.

Hackers leak Australian health records on dark web

Data stolen from a major Australian health insurer that had earlier refused to pay ransom

ASIC’s top-10 ways to spot a crypto scam

‘Given this concerning trend, we want to arm Australians with the information they need to protect themselves from scammers,’

Bank of Korea finds performance issues with CBDC blockchain tech

At that activity level, users sometimes had to wait up to a minute for a response (latency).

Nomura eyes crypto trading as part of 50-strong digital assets spin-off

The Japanese bank is pushing into crypto after spinning out a digital assets company in September

SS&C Aloha shows strong client growth

The result gives asset and wealth managers the agility to manage and compete more efficiently in today's complex market.

Financial Planning for Singaporeans Enhanced with Insurance Data on SGFinDex

The inclusion of insurance data adds to existing banking and investment data that individuals can retrieve via SGFinDex, making it easier for individuals to identify insurance protection gaps.

Singapore to Pilot Blockchain-Based Structured Products

With asset tokenization, customers will find it easier to create structured products with the bank and enjoy an improved process

UnionDigital Bank Partners with Thought Machine to Power its Digital Banking Platform

UnionDigital Bank’s mission is to empower the country's digital economy by making digital banking safe and accessible to all.

Lendary Capital Expands in Asia with Crypto Alternative Debt Fund Launch

The existing strategy has delivered consistently positive returns maintaining steady performance since its launch in May 2022

MAS Report on Potential Uses of a Purpose-Bound Digital Singapore Dollar

Phase 1 of Project Orchid explored the concept of purpose-bound digital SGD (purpose-bound money, or PBM, for short).

Fidelity launches bitcoin exchange-traded product in Hong Kong

The asset manager has launched its first physical bitcoin exchange-traded product in Asia, which will be available to professional investors.

Stripe alights in Thailand

Thousands of companies in Thailand have signed up on Stripe, including online property platform Baania, leading luxury furniture retailer Chanintr, holiday resort Coconut Beach Bungalows, accounting software platform FlowAccount, and digital creator platf

FinTech