Chinese digital finance giant, Ant Financial, has named company veteran Simon Hu as its new chief executive officer as the firm rides on the wave of growing domestic demand for services.
VP Bank is committed to the principle of sustainable action. With a series of targeted measures, VP Bank also actively assumed its responsibility to society, the economy and the environment in 2019.
The Australian bank has started scoping out potential candidates, following its CEO's unceremonious departure.
Citigroup president Jane Fraser looks poised to become a Wall Street bank's first female chief.
It is acquiring a 2.5 million square foot site in India, equally owned by New York-based property developer Tishman Speyer and Singapore sovereign wealth fund GIC.
2019 was a year of big-ticket hiring, botched firings and more than a few twists in the tale in between. finews.asia compiles the definitive list of what – or who – was hot in 2019 and what was not.
Hong Kong’s banking history enters a new chapter with the launch of its first virtual lender, ZA Bank.
The firm is the first U.S. bank to receive approval, and will provide a range of financial services through its domestic entity.
Asia dominated the top-ranked economies by wealth creation opportunity with four of the five leaders based in the region.
Blockchain payment network Terra has set up its South-east Asia hub in Singapore. The South Korea-headquartered firm has plans to expand in the region.
The National Australia Bank said it had disclosed anti-money laundering failures to authorities just one day after regulators filed a lawsuit against it over «fees for no services».
With the end of a decade looming large, the question arises, which of the Swiss bank shares performed the best. The analysis conducted by finews.com revealed some surprising results.
United Overseas Bank is buying more shares in troubled Chinese mid-sized lender Hengfeng Bank with a subscription of 1.86 billion shares for a sum of 1.86 billion yuan (S$360.4 million).
Digitization is not only a potential disruptive force for the banking industry, but also increases the industry's risk level. Compliance units are kept on their toes.
The marketing and communications executive, who brings extensive experience working with fintech companies, has joined Superson's APAC leadership team.
Japan’s new protectionist rules aimed to reduce foreign ownership in nationally sensitive assets is unpopular with global firms, according to a CFA survey, especially among asset managers.
The Australian alternative tier-one listing venue has brought in a new chief, who will focus on nanocap Australian and APAC companies in the technology, resources, real estate and sustainability sectors.
Tencent partnered with Russian diamond miner ALROSA Group to offer an in-app blockchain-based feature that provides traceability for diamond purchases made through WeChat.
The firm is enhancing its exposure to Japan's residential market in key metropolitan cities, which it believes will provide a stable and core income for investors.
Following Iqbal Khan through the streets of Zurich wasn’t the only observation job ordered by Credit Suisse this year, according to a media report. Private detectives were paid to shadow another top executive.
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