Family offices tend to be astute investors with moderate risk appetite in their asset allocation. But if they are convinced about an idea they are happy to put a lot of their eggs in one basket, a study revealed.
The regulation tsunami is less of a natural phenomenon than rather a case of global regulatory warming, with an ever-increasing need to get concise solutions, says Ralph Ebert in an essay for finews.first.
Switzerland's financial regulator is wading into a lurid spy scandal at Credit Suisse. The move underscores that the bank is losing control over the affair.
Ant is expected to have significant influence and provide technical expertise to the e-wallet, created locally by a small start-up.
The People’s Bank of China further increased liquidity in the domestic market with the injection of 150 billion yuan in reverse repurchase agreements.
The two new team members will facilitate product innovation and client coordination, while strengthening the firm's value proposition in the country.
In an increasingly uncertain environment, investors poured into gold in 2019 looking to balance higher stock prices, a trend that will likely continue.
Hong Kong Exchange and Clearing chief executive Charles Li Xiaojia sold over half of his shares in the exchange in the midst of growing concerns about the city’s future as a global financial center.
Investment bankers in London are rather pessimistic about their bonus for next year. At UBS however, most expect to get a higher bonus.
The new head of Credit Suisse's investment banking unit is putting his stamp on the Swiss bank. His goal? Faster and more efficient decision-making.
One of the best-known figures of Switzerland's banking establishment is retreating almost entirely from the industry. The move comes as part of a shuffle and strategy shift at the wealth manager.
Industry consensus on the need to rebuild some of the most basic infrastructure within financial institutions is becoming the primary driver of growth for the sector, Broadridge’s head of Asia Pacific, David Becker, told finews.asia.
The two firms have entered a non-binding agreement with one of the country's largest banks to take a majority stake in the new unit.
The nature of the probe is unclear, and the Monetary Authority of Singapore did not accuse the firm of any wrongdoing.
Goldman Sachs may be ready to settle with the U.S. government over the 1MDB case through the admission of guilt and a $2 billion fine, according to a source familiar with the matter.
Moody’s Investor Services revised its rating outlook for HSBC China from «stable» to «negative», citing a difficult operating environment amidst Hong Kong protests as a primary driver.
The bank has added two senior executives – the head of consumer banking in Singapore and the new China CEO – to its management team.
The fine arts and specie expert brings more than a decade of experience in China's insurance market.
Investment banking in Singapore registered a record year in fees, generating more than $868 million in 2019, according to Refinitiv data.
Saxo Bank partners with China automotive firm Geely to establish a joint venture to provide financial and regulatory tech solutions to institutions in China.
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