Lara Warner propelled Credit Suisse's compliance department into an industry-leading showcase. The path there was bumpy, as the sudden rupture between the Swiss bank and joint venture partner Palantir illustrates.
The Export-Import Bank of China – a key state-owned policy bank – has appointed a new president to fill a post that has been vacant since September last year.
Singapore has reclaimed its number three rank in the 2020 Bloomberg Innovation Index, after leaping three spots. However, economies across Asia-Pacific showed a mixed picture of progress.
Business-to-business e-commerce firm, Zall Smart Commerce, will be the latest to apply for a digital banking license in Singapore.
Singapore leads in mobile payment use among Chinese tourists, fueled by the country’s maturity in mobile payment solutions, according to a joint report by Nielsen and Alipay. The availability of mobile payment is among the top three factors affecting Chinese...
Moody’s downgrades Hong Kong’s credit rating, citing concerns about the government’s inability to produce a tangible plan to address issues highlighted by ongoing political unrest.
Despite the dominance of cash, card payments volume in Hong Kong is expected to surpass one billion in 2020, says GlobalData.
Record earnings, all-time-high assets under management, expanding margins and new revenue streams for the biggest banks in the U.S raise expectations of their European peers.
HSBC will offload around 100 employees in its equities business including research, sales, trading and back office functions.
Standard Chartered hires a global head of trade in Singapore as its transaction banking business undergoes a tech-fueled transformation.
DBS helps further propel Singapore’s cashless movement by introducing quick response code-based payments for the business-to-business segment.
The Monetary Authority of Singapore warned financial institutions of the risks of dealing through the Microsoft Windows Operating System which could allow malware to bypass security and gain control over computers.
The Hong Kong Monetary Authority snapped back at bears that are predicting a crisis in the city’s banking sector, calling the claims «groundless» and not based on real facts or figures.
Sun Life appoints a two general managers in Hong Kong for distribution and financial affairs.
Citi Private Bank hires a former managing director from UBS to lead its South Asia FX advisory team based in Singapore.
Nomura accelerates its expansion in Asia, vying to increase its assets under management by five-fold by March 2026 by doubling the number of relationship managers.
Standard Chartered aims to boost its market share amongst next generation users with the launch of its digital bank.
Barclays seeks to cut 100 mainly senior jobs in its investment banking arm including dozens of roles in Asia.
Morgan Stanley is feeling bullish about wealth management in Asia with plans to add up to 60 private bankers in its Hong Kong and Singapore units this year.
In the Credit Suisse surveillance scandal, a prosecutor reportedly wants to know why the bank's CEO Tidjane Thiam fell out with Iqbal Khan, one of his top executives.
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