PLEASE NOTE: This event is postponed to the second half of 2020. / The 8th Credit Suisse Philanthropists Forum will be taking place at the Raffles Hotel in Singapore on February 18, 2020. The event connects a highly select group of clients from around the world...
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The entire finews.asia team joins in sending Holiday Greetings. With every good wish for the New Year.
Despite initial interest, a consortium made up of Singaporean lender OCBC, marine giant Keppel and peer-to-peer lending platform Validus has decided not to pursue a digital banking license in the city-state.
Eight out of 18 analysts and portfolio managers in a recent survey believe that China’s local government financing vehicles, a key component in the shadow banking system, will be a top investment opportunity in 2020.
As the year 2019 draws to a close, we invite our readers to reminisce in the most widely-read quotes drawn from finews.asia's interviews this year.
A government-led campaign in China to boost small business financing by 30 percent has pushed banks to relax lending standards and lower interest rates, even though the sector's track record of defaults are known to be high.
Starting from January 1 next year, financial institutions will be prohibited from adding floating rate loan contracts based on the previous benchmark lending rate and price them based on new loan primate rate – 20 basis points lower.
Malaysia becomes the latest to capitalize on the rising trend of digital banking with plans to issue up to five licenses.
Hong Kong’s descent into a politically fuelled state of chaos in 2019 shocked the financial sector in profound fashion beyond just the bottom line, ranging from the cultural to the operational. Here are 3 ways bankers’ lives were impacted.
Chinese wealth manager CreditEase is believed to be seeking fresh funds to finance domestic expansion in its wealth management business.
Bankers and other workers in the financial sector face the smallest bonus payouts and salary increases of the decade in Hong Kong in the midst of historical unrest.
Grab and Singtel hope that their jointly-formed digital bank will cater to the needs of digital-first consumers, who have come to expect greater convenience and personalization, and small-medium enterprises (SMEs) which cite lack of access to credit as a key pain...
UBS’ compliance officers are getting a hand from a new employee: Oscar, the robot. finews.asia highlights one product of the bank's push into agile-based work methods.
The Swiss wealth manager's recent revamp of its super-rich unit raised eyebrows. The initiative for the idea didn't come from Iqbal Khan, its new co-head of private banking.
DBS and POSB focus on training staff to recognize and deal with situations involving clients that suffer from dementia.
Tesla's manufacturing plant in Shanghai is the company's first outside the United States and is China's first wholly foreign-owned car plant.
The bank will continue to cut costs and headcount, but instead of winding up its base metals unit, it will merge the business with its precious metals trading desk.
Hengfeng Bank’s former chairman was sentenced to death over corruption and other misconduct, according to a local court in China.
His previous appointments at the bourse give him deep insight into its risk management functions and core regulatory obligations, the announcement said.
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