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Three out of four Swiss companies are family-owned. Most are agile and innovative, follow a long-term business plan – and don’t talk about it. This can lead to disastrous consequences, says Marionna Wegenstein in an essay for finews.first.
The tie-up is part of a drive to bring greater convenience to customers and further cashless cross-border payments across Southeast Asia.
In a significant move towards financial liberalization, the country issued its first-ever licenses to five foreign fully owned life insurers. It also awarded licenses to six joint ventures to operate in the country.
A top executive of the battered asset manager is leaving. It is the first exit since ex-Blackrock executive Peter Sanderson took the reins at the firm three months ago.
Chinese authorities have issued a statement requiring all peer-to-peer lending platforms to shut down within two years, putting an end to a once important credit system that conceived countless cases of misconduct.
Reserve Bank of India has been requested by the local government to buy out stressed assets from the country’s top 25 shadow banks to revive the financial sector.
The sales and business development executive brings 17 years of banking and financial sector experience to State Street.
SGX RegCo is proposing to remove the measure used to deal with market manipulation, saying it has developed more refined tools that have a more direct impact.
Banks that lack measures to withstand cyberattacks risk up to 65 percent of their quarterly profits, according to a recent stress test study by the Monetary Authority of Singapore.
China CITI Bank International launches its robo-advisory offering in Hong Kong which was co-developed with fintech firm Quantifeed.
The two new directors will help the firm develop distribution partnerships and support and strengthen key existing relationships in the region.
Five countries, led by China, are responsible for most of the world’s supply, writes Scott Bauer, CEO of Prosper Trading Academy.
Westpac is offering a refund option for pre-scandal buyers of its shares in a move seen to quell discontent regarding the alleged historic breaches of anti-money laundering rules.
Singapore-based fintech BondEvalue aims to level the playing field in bond investing by giving average clients access to live prices. finews.asia speaks to founder Rahul Banarjee about how his firm is changing the face of bond trading.
Led by ex-Credit Suisse top boss Claudio de Sanctis, Deutsche Bank hires two more private bankers from the Swiss lender. They add to a team of thirteen it recently lifted from the larger rival.
Are you flight-shamed but still hooked on luxury travel? finews.asia presents five exclusive train journeys that hold their own with any five-star hotel.
Credit Suisse may fail to reach the ambitious targets it set itself for this year, according to the analysts of a major U.S. bank. Shareholders, however, have still plenty of reason to keep hold of the stock.
The bank has made two appointments that support its growth ambitions in Asia Pacific.
China’s crackdown on cryptocurrencies has led at least five local exchanges to halt servicing of domestic users or their whole operations altogether.
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