Thursday, 30 April 2026

FINANCE Tuesday, 3 December 2019 11:59

Alt Liberalization Gains Traction in APAC for ASI

Aberdeen Standard Investments shared with finews.asia about the crucial need for product innovation in order to liberalize access to alternatives in Asia – a key driver of regional demand for the firm this year.

FINANCE Tuesday, 3 December 2019 10:56

Rare «Down Round» for Ping An’s OneConnect IPO

The size and valuation targets have been reduced for the planned initial public offering for Ping An Insurance’s OneConnect Financial Technology in the U.S. in a rare «down round».

FINANCE Tuesday, 3 December 2019 10:28

UOB Acquires Vietnam Asset Manager

UOB Asset Management will acquire VAM Vietnam Fund Management Joint Stock Company, pending regulatory approval.

PEOPLE Tuesday, 3 December 2019 09:36

Deutsche Bank Hires Tech Duo in India

Deutsche Bank hires a duo in India focused on overseeing and enhancing the bank's technology, data and innovation capabilities.

PEOPLE Tuesday, 3 December 2019 08:15

Women in Top Jobs: A Performance Killer?

Banks and insurers aim to increase the number of women in the highest echelon of their companies. Is this in the interest of shareholders? A study suggests: No it isn't.

FINANCE Tuesday, 3 December 2019 08:10

Fintechs Can Plug Market Gaps Left By Banks

Fintechs should address market gaps and seek partnerships to be successful, according to Singapore Fintech Association and consultancy EY.

FINANCE Tuesday, 3 December 2019 08:07

Key Figure in Mozambique Trial Acquitted

A key figure in a trial over questionable deals in Mozambique by Credit Suisse is going free. The bank remains on the hook in several ways.

FINANCE Monday, 2 December 2019 17:39

Lombard Odier: Partnership in China?

Lombard Odier is apparently evaluating opportunities to expand its China business. The Swiss-based private bank has already been expanding in Asia for several years.

FINANCE Monday, 2 December 2019 17:33

PBoC Advises Against Zero Rate Policy

The People’s Bank of China wrote an extensive commentary detailing its views about monetary policy and its commitment against excessive easing.

PEOPLE Monday, 2 December 2019 16:34

Nomura CEO Steps Down in Surprise Move

At a time when overseas restructuring efforts at Nomura Holdings are starting to bear fruit, its CEO, Koji Nagai, is resigning.

FINANCE Monday, 2 December 2019 15:41

Credit Suisse: No Shiny Returns for 2020

Credit Suisse does not expect the same strong returns in risk assets for the year ahead, but it remains fairly positive given healthy demand indicators and accommodative central bank policies. 

FINANCE Monday, 2 December 2019 14:30

Troubled Yes Bank Getting Fresh Injection From New Investors

Yes Bank has boosted its target for a capital raising to $2 billion, higher than the previous number, after receiving commitments from new investors. 

FINANCE Monday, 2 December 2019 12:51

HSBC Grants Extra Day Off in Hong Kong

Due to «unprecedented circumstances» British lender, HSBC is giving its Hong Kong employees an extra day off in 2020. The bank employs about 21,000 people in the city.

FINANCE Monday, 2 December 2019 10:59

Alleged Crypto Advisor for North Korea Arrested

Cult hacker and cryptocurrency promoter Virgil Griffith was arrested last week for allegedly advising North Korea on how to avoid sanctions.

PEOPLE Monday, 2 December 2019 10:50

Clare Rewcastle-Brown: «I'd Like to See Some 1MDB Bankers Go to Jail»

Clare Rewcastle-Brown's dogged investigation of Malaysian corruption broke open the 1MDB scandal. In an exclusive interview with finews.asia she tells about the next shoe to drop in finance.

FINANCE Monday, 2 December 2019 10:05

MAS: Bank Profits at Risk

Singapore’s financial system is resilient even though risks to global financial stability have risen, the Monetary Authority of Singapore said. But the impact on bank profitability could be further exacerbated.

FINANCE Monday, 2 December 2019 09:22

Indonesian Watchdog Names SMFG «Most Serious» Permata Bidder

Competition to acquire Bank Permata has narrowed down to two foreign bidders with Sumitomo Mitsui Financial Group named as the «most serious» buyer.

FINANCE Monday, 2 December 2019 09:01

Finantix Expands to Australia

Finantix, a global provider of trusted technology to the wealth management, insurance, and banking industries, opened an office in Sydney to further support its expansion in the Asia-Pacific region.

FINANCE Monday, 2 December 2019 08:46

Munich Re Life and Health Appoints New CEO for Australasia

Based in Sydney, the new CEO will report to Daniel Cossette, CEO of Munich Re Life & Health in Asia Pacific, Middle East, and Africa. He succeeds Andrew Linfoot, who held the role for the past six years and will be taking up a regional role within the German group.

ADVERTORIAL Sunday, 1 December 2019 13:49

Artificial Intelligence: A Trusted Partner for the Financial Industry

The first Model Artificial Intelligence Governance Framework in Asia was released by Singapore in January this year, in collaboration with the World Economic Forum's Centre for the Fourth Industrial Revolution. AI, an emerging frontier in technology that allows...

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