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PEOPLE Thursday, 12 March 2020 09:14

HSBC Names New Head For China

Leadership shuffles continue under the watch of HSBC’s interim chief executive Noel Quinn including the latest appointment of HSBC China's CEO.

FINANCE Wednesday, 11 March 2020 17:56

Wirecard Partners Grab for Payments

The firm will process card transactions made via the GrabPay e-wallet and integrate it as a payment method for its merchants.

FINANCE Wednesday, 11 March 2020 17:02

Credit Card Use Expected to Decline in Singapore

Currently the dominant e-commerce payment method among Singapore consumers, credit cards are expected to lose market share to other payment methods by 2023.

FINANCE Wednesday, 11 March 2020 16:20

How Hong Kong's Retail Banks Could Offset Digital Revenue Pressure

The emergence of virtual banks and their disruptive powers is estimated to cause an average revenue loss of 7 percent in the next three to five years for traditional retail banks in Hong Kong.

FINANCE Wednesday, 11 March 2020 15:45

Lippo Group Invests in Singapore Payments Startup

Indonesian property firm Lippo Group has made a strategic investment in Singapore-based multi-currency specialist MoolahGo as part of the latter's pre-series A raise.

FINANCE Wednesday, 11 March 2020 15:05

UOB Quadruples Client Engagement for Mobile Bank

Client engagement for TMRW, UOB’s mobile-only bank in Thailand, has quadrupled since the launch one year ago as the platform continues to expand its ecosystem into non-financial activities.

PEOPLE Wednesday, 11 March 2020 14:14

KKR Names Asia Head of Global Impact

KKR furthers its impact investment capabilities with a new hire to spearhead efforts in sourcing opportunities that generate both financial and social returns.

FINANCE Wednesday, 11 March 2020 12:50

Finantix Acquires Swiss Data Science Firm

The Zurich-based artificial intelligence (AI) firm, which provides digital solutions predominantly to the wealth management sector, will provide AI-based insights and personalization capabilities to Finantix's platform.

FINANCE Wednesday, 11 March 2020 12:25

Wealthy Asians Post All-Time High Demand for Succession Planning

An evolving regulatory environment and rising geopolitical risks in Asia led to an all-time high in succession planning requests received at private banks, according to a recent report by Butterfield.

FINANCE Wednesday, 11 March 2020 11:52

Julius Baer: «Little We Can Do in Guessing the Outbreak’s End»

The near-term outlook remains uncertain due to limited ability to project the coronavirus pandemic’s end, said Julius Baer’s Asia chief investment officer Bhaskar Laxminarayan, who suggested investors instead take advantage of the volatility.

FINANCE Wednesday, 11 March 2020 11:33

Allianz Merges Real Estate Unit With Pimco

Allianz Real Estate will become part of Pimco's Private Strategies platform within its Alternatives unit, as part of the latter's strategy to grow its real estate investments worldwide.

FINANCE Wednesday, 11 March 2020 10:32

Mapletree Investments Inks First Sustainability-Linked Loan

The loan from OCBC, which is among the largest sustainability-linked loans for a Singapore real estate developer, will be used for general working capital and corporate funding purposes.

PEOPLE Wednesday, 11 March 2020 09:20

Franklin Templeton Hires Alt Sales Head for Asia 

Franklin Templeton hires a 20-year veteran to spearhead its alternatives business in Asia across distributors and high net worth clients.

FINANCE Wednesday, 11 March 2020 09:06

European Worries About Being Turned Off

Cloud services are firmly in the hands of U.S. companies, which has prompted some governments in Europe to voice their concern about their dependence on the country, while Swiss banks are finding their own way to safeguard data.

FINANCE Wednesday, 11 March 2020 08:45

Wealth Management: Consolidation Starts Here

The clock is ticking in the industry of independent wealth managers – with a new regulatory framework in place since the start of the year. Some players are ready to emerge emboldened from the consolidation that will inevitably take place.

ADVERTORIAL Tuesday, 10 March 2020 21:05

Emerging Markets in 2020 and Beyond

Despite battling through global economic events, including U.S.-China trade tensions, a volatile and depreciating Chinese yuan, and falling commodity prices, asset returns in 2019 were bountiful for investors, particularly in contrast to 2018.

FINANCE Tuesday, 10 March 2020 19:23

Ernesto Bertarelli Hires CEO for His Wealth Management

Ernesto Bertarelli’s wealth manager has appointed a new CEO. The executive joins from Fidelity International.

FINANCE Tuesday, 10 March 2020 16:54

EFG International: Coronavirus Infection

A member of staff at the Ticino-based branch of EFG International has tested positive for the new coronavirus. The private bank has taken a series of measures that will affect staff globally.

FINANCE Tuesday, 10 March 2020 15:58

VP Bank Outlines Growth Plans for Next Cycle

Without pausing to revel in its strong earnings growth for its latest financial year, VP Bank already lays out growth plans for its 2025 strategy cycle.

FINANCE Tuesday, 10 March 2020 12:40

Merger Rumors for India's Yes Bank Quelled

India’s Yes Bank will not be merged with the State Bank of India, the newly appointed administrator leading the rescue plan said on Monday.

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