hong kong

Michael Benz brings over three decades of leadership experience to the Swiss crypto bank.

The Series A+ round was led by Nikko Asset Management, with support from Peak XV, Prosus, Saison Capital, and founder Walter de Oude; the Singapore-headquartered firm has also been granted a licence for Hong Kong.

George Hongchoy will leave the firm before the end of June 2026 and said that he had no disagreement with the board; the firm has been cutting some jobs in a "streamlining" initiative.

Gordon Davidson joins the law firm as Asia head of restructuring & insolvency, and Fergus Saurin joins as Asia head of dispute resolution & investigations.

Investment bank Kenanga has launched warrants tracking the Hang Seng China Enterprises Index and Tech Index, which saw a trading volume of $48.9m in their first week.

Wong is expected to join the US bank in a senior relationship manager role from UBS in September.

HSBC’s John O’Neill discusses the bank’s growing focus on digital assets and why Hong Kong has emerged as a key launchpad for its strategy.

Mubadala Capital is anchoring FWD Group’s Hong Kong IPO with a US$150 million investment, as the insurer looks to raise around US$500 million in a deal led by Morgan Stanley and Goldman Sachs.