Tag "UBS"
UBS to Reduce Staff in Wealth Management Division Across Asia
UBS Wealth Management, the arm of UBS dedicated to handling affluent clients, has commenced a significant restructuring within its Asian sector. This initiative, primarily affecting its operations in Hong Kong and Singapore, is set to reduce its workforce by approximately
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MAS Unveils Five New Industry Pilots Under Project Guardian
The Monetary Authority of Singapore (MAS) has teamed up with the financial industry to expand initiatives related to asset tokenisation. The goal is to enhance the foundational capabilities necessary to scale tokenised markets, ultimately driving institutional adoption of digital assets.
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10 Swiss Fintechs at Swiss Pavilion at Singapore Fintech Festival
A Swiss delegation representing the best of its financial technologies in the areas of AI, big data & analytics, and cybersecurity will be present at the Singapore Fintech Festival 2023 from 15 to 17 November 2023. At the Swiss Pavilion,
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Japan’s SBI and UBS Complete Tokenised Fund Pilot
SBI Digital Markets, the digital asset arm of Japanese conglomerate SBI Group, and UBS Asset Management have completed a technical pilot for the issuance and distribution of a tokenised Variable Capital Company (VCC) fund. This is a part of the
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UBS Asset Management Launches First Blockchain-Native Tokenized VCC Fund Pilot in Singapore
UBS Asset Management has launched its first live pilot of a tokenized Variable Capital Company (VCC) fund. The fund is part of a wider VCC umbrella designed to bring various “real world assets” on-chain as part of Project Guardian, a
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MAS: UBS, Credit Suisse’s Singapore Operations to ‘Continue Without Interruption’
The day-to-day operations of the Singapore entities of UBS and Credit Suisse will not be interrupted by the completion of the takeover, according to a statement from the Monetary Authority of Singapore (MAS). MAS has been in close contact with
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MAS: Credit Suisse to Continue Singapore Operations Without Disruptions
Credit Suisse will continue operating in Singapore without any interruptions or restrictions following its takeover by UBS, said the Monetary Authority of Singapore (MAS). MAS added that customers will continue to have full access to their accounts and Credit Suisse’s
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16 Innovative Swiss Companies You’ll Meet at Singapore Fintech Festival 2018
One wouldn’t usually associate Switzerland and Singapore in the realms of fintech, but both worlds are colliding at the Singapore Fintech Festival. From 12th-14th November 2018, the Swiss Pavilion in the Singapore Fintech Festival this year will be hosting a
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Insurtech Set to Change Asia’s Insurance Market
UBS says that Asia’s underinsured market presents ripe opportunities for insurtech startups. In a UBS report titled Shifting Asia, it noted that Asia is one of the most underpenetrated insurance markets in the world. Emerging Asia held 43 per cent
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8 Fintech Startups Enter The FinTech Innovation Lab Asia-Pacific
The startups will undergo a 12-week mentorship programme led by senior financial executives in a series of workshops at the Hong Kong-based tech business park Cyberport to commercialise their products. 8 leading financial technology (fintech) companies today begin a 12-week mentorship
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