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Friday, 1 May 2026
Friday, 1 May 2026

FINANCE Wednesday, 26 February 2020 18:19

Covid-19 Kills Consumer Demand for Gold

The price of gold on Wednesday climbed back towards the seven-year high ($1,672/oz.) reached on Monday as investors sought safe havens following the U.S.' warning that the Covid-19 outbreak could spread domestically, as outbreaks in Iran, South Korea and Italy...

 FINANCE Wednesday, 26 February 2020 16:17

Vietnam Bank Taps on Bordier to Launch WM Arm

The wealth management arm of Military Commercial Joint Stock Bank (MB) is the country's first private banking service provided by a local bank.

FINANCE Wednesday, 26 February 2020 14:21

Allianz Grows Revenue in Asia Pacific

Its strong performance for the full year 2019 was on the back of profitable growth opportunities, continued digitalization of its regional business, and expanding its offerings with digital products and services.

FINANCE Wednesday, 26 February 2020 12:45

Matthews Names Asia Specialist as Global CIO

The Asia specialist brings 34 years of financial and investment experience, including the last 12 years managing investment teams in the Asia Pacific region.

FINANCE Wednesday, 26 February 2020 11:55

Who's Left of Tidjane Thiam's «Shadow Cabinet»?

During his years at the helm of Credit Suisse, Tidjane Thiam relied on a close circle of staff that worked alongside the executive committee of the bank – a «shadow cabinet» as it were. Who are they and who remains at the bank?

FINANCE Wednesday, 26 February 2020 10:54

Japanese Payment Solutions Firm Invests in Grab

Together with MUFG's $726 million investment, the super-app has raised $876 million for its financial services push.

FINANCE Wednesday, 26 February 2020 09:58

Credit Suisse Tells Mozambique: Don't Blame Us

Credit Suisse won’t forego its demands for repayment of loans owed by Mozambique. The legal document compiled by Credit Suisse, which was made available to finews.asia, sounds more than just a little cynical.

FINANCE Wednesday, 26 February 2020 08:59

Claudio de Sanctis: «Asia Will Be the Primary Source of New Business»

Claudio de Sanctis leapt from Credit Suisse's top European wealth post to the helm of Deutsche Bank's private banking arm. In an exclusive interview with finews.asia, he admits how concerned he is about uncertainty in Asia.

FINANCE Tuesday, 25 February 2020 19:27

Singapore's Investment Managers Suspend Travel to Hong Kong

The Investment Management Association of Singapore has concluded a survey with its member firms to better understand their business continuity plans.

ADVERTORIAL Tuesday, 25 February 2020 18:29

Reto Ineichen: «We Are Creative And Go Beyond the Obvious»

Investors tend to extrapolate historical returns into the future, and this is something that will not work in the current climate, Reto Ineichen, CEO of Alpinum Investment Management, says in an interview.

FINANCE Tuesday, 25 February 2020 18:02

DBS Converts Bank Guarantee Facility to Green Facility

With the new green facility, Spanish wind turbine manufacturer Siemens Gamesa, which has over 100 gigawatts of installed wind capacity and aims to be carbon-neutral by 2025, will be able to issue green guarantees.

FINANCE Tuesday, 25 February 2020 16:35

Singapore-Based Digital Bank Raises Funds for Philippines Launch

Tonik, the first digital-only bank in Southeast Asia, has closed its first institutional round of funding.

FINANCE Tuesday, 25 February 2020 14:50

UOB Grows Green Loan Portfolio

The bank has issued a S$237 million ($169.62 million) loan under its Real Estate Sustainable Finance Framework, which will be used to refinance the Grand Park City Hall hotel.

FINANCE Tuesday, 25 February 2020 14:00

Swiss Banking Starts From Scratch

While the changes at the top of both big Swiss banks happened almost simultaneously, the two are now embarking on journeys into very different directions. This may free huge potential.

FINANCE Tuesday, 25 February 2020 11:11

Temasek Announces Salary Freeze and Voluntary Pay Cuts

The budget set aside for employee salary increases, as well as the funds raised from a voluntary base salary reduction among senior employees, will be donated to T-Touch, Temasek's staff-volunteer initiative. Temasek will also match these funds dollar for dollar.

FINANCE Tuesday, 25 February 2020 10:25

Green Investing Grows as UBS Sustainable Portfolio Crosses Milestone

The Swiss private bank's 100 percent sustainable portfolio, launched just two years ago, has passed $10 billion in invested assets, it said in a statement.

FINANCE Tuesday, 25 February 2020 09:15

Pascal Lemann: «We Will Strengthen Our Local Presence This Year»

Singapore and Hong Kong are our main markets. And we see huge potential in the field of independent asset managers, and multi-family offices, Pascal Lemann, Expersoft's regional manager APAC, says in an exclusive interview with finews.asia.

FINANCE Tuesday, 25 February 2020 07:10

Big Tech Beats Banks in Covid-19 Response

Amid the spread of coronavirus, major tech companies that have expressed interest in becoming digital banks have upped their game in crisis response by applying speed and showing care for their user base.

FINANCE Monday, 24 February 2020 17:13

Julius Baer: Bonus Ban After Regulator's Probe?

The enforcement procedure by the Swiss regulator against Julius Baer may, indirectly, hit bankers where it hurts most: in their pockets. The bank plans to withhold bonuses, according to media reports.

FINANCE Monday, 24 February 2020 15:35

Chinese Startup Fundraising Plunges

The ongoing coronavirus outbreak has caused capital flows into mainland China's startups to plunge 60 percent year-to-date.

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