Despite a slowdown in hiring for trading and equity-related jobs, talent related to the burgeoning field financial technology has kept the financial sector an active recruiter in the Greater China region.
In another move to internationalize Chinese markets, plans are underway for a Shanghai-Frankfurt stock link driven in part for Europe’s «unabated eagerness» for collaboration with the second-largest economy.
The firm, which operates a blockchain-powered real-time gross settlement system, currency exchange and remittance network, said it is committed to investing in Singapore and the region.
Westpac’s money laundering scandal linked to child exploitation is leading to mounting pressure for its chief executive to step down.
Temasek plans to increase allocations to U.S. markets regardless of the trade war outcome, staying positive and disciplined on its long-term view.
Thailand's third-largest bank by assets, which has been investing in artificial intelligence, digital platforms and other technology to compete with fintech startups, wants to monetize its fintech units.
Clients show more faith than traders in the U.K.’s largest wealth manager despite troubles in its $4.5 billion segregated mandate.
Low demand for shares of Saudi Aramco has consequences for Switzerland’s Credit Suisse – the bank is no longer in the co-lead of the initial public offering.
Morgan Stanley's analysts have upgraded Singapore financials to overweight on the back of stronger return on equity, earnings visibility and relative dividend yield.
The People's Bank of China will introduce new standards in 17 areas, including blockchain, cloud services and artificial intelligence.
As expected, the People’s Bank of China further loosened monetary policy by cutting its 1-year loan prime rate which is used as a benchmark for the best clients of 18 select commercial banks.
The fund invests across multiple asset classes globally, including fixed income, currencies, commodities and equities, and is based on the firm's responsible investment philosophy.
Standard Chartered attracted 7,000 millennials to open new accounts with its «JumpStart» offering which targets the youth segment with a focus on low fees and thresholds.
SoftBank Group is in talks to get as much as 300 billion yen ($2.76 billion) in financing from three banks.
Aviva continues to restructure its business and sharpen focus in Asia with the latest sale of its stake in the Hong Kong business.
Robert Weeber was focused on working his way up the career ladder at Credit Suisse – but today he is head of Tiedemann Constantia, an independent investment manager. In an interview with finews.asia, Weeber explains what sets the company apart from its rivals.
HSBC is planning to replace investment banking head Samir Assaf as part of a broader set of senior management changes.
Hamilton Lane appointed co-heads for its Asia investments arm alongside a global head of co-investments.
The bank, which has been steadily growing its presence in the market for a decade, will offer a «simple, yet functional» digital banking experience.
The lawyer with a tech background will bolster the firm's capabilities in underwriting risks associated with mergers & acquisitions (M&A) across Asia Pacific.
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