Shenzhen, mainland China’s hottest property market last year, has seen an 80 percent decline in home sales due to the coronavirus epidemic, according to Hong Kong brokerage Midland Realty.
Julius Baer has proposed two long-standing bankers for election as new independent members of the board at the upcoming general meeting.
OCBC customers can now apply and get approval for car loans within 60 seconds, following similar moves made by two other local banks.
As SBI Cards started taking orders on Monday, investors are wondering how much the company's float can exceed its $1.4 billion target in the face of the coronavirus outbreak.
Digital banking consortium Beyond announced on Tuesday that it has partnered U.S.-listed OneConnect Financial Technology as it gears up for the possibility of landing a digital bank license in Singapore.
ING and Malayan Banking Bhd (Maybank) were the top creditors of Singapore commodity trader Agritrade International, which was last month placed under interim judicial management.
UBS nailed down the surprise of appointment of Ralph Hamers as its next CEO after it learned the Dutch banker was in the running for the top job with a key European rival, finews.asia has learned.
The American bank's wealth management arm is expanding is Switzerland with the hire of a well-known lawyer to the super-rich.
Central banks will ask world leaders to back a «roadmap» for cutting the cost of cross-border payments, the Bank for International Settlements said on Sunday.
Citibank Singapore's head of retail banking Charles Wong is set to join the Grab-Singtel entity that is bidding for a digital full bank in Singapore.
Credit Suisse notched a minor victory over British banker bonuses in a ten-year fight against U.K. tax officials.
Japan's global investment bank Nomura announced a strategic partnership in Indonesia for equities execution and research.
OCBC Bank has issued an electronic banker’s guarantee (eBG), making it the first lender to tap on Singapore Custom's Electronic Guarantee Program.
HSBC has announced the launch of a new global business, combining retail banking and wealth management and global private banking. Recruitment for wealth teams across Hong Kong, Singapore and mainland China is on track.
HSBC is looking to better tap into China’s growing wealth both at home and abroad by combining its private bank with its wealth management and retail banking businesses, according to the global head of the newly merged business.
More and more banks in Singapore are stopping credit card rewards for users when they top up Grab's mobile wallet, GrabPay. The move reflects banks' unwillingness to fund the growth of third-party mobile wallets indirectly, as they begin to compete in the same...
Top UBS executive Tom Naratil recalls a meaningful ice hockey game 40 years ago for finews.first which illustrates that sometimes, even the seemingly impossible can be achieved.
A veteran with almost 30 years of financial markets and investment experience is joining the Singapore-based multi-family office.
Swiss-based ACRON showcases a new club deal investment comprising two top-notch properties and a forecast annual distribution yield of 5 percent.
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