Chinese conglomerate Fosun International joins a list of suitors considering bids for German private bank Bankhaus Lampe.
Deutsche Bank said it is considering at least a 10 percent cut to the unit that trades interest-rate securities.
Securities and Futures Commission chief Julia Leung called out poor conduct in Hong Kong’s IPO market, signaling a tougher stance against sponsors and underwriters.
RHT Chestertons Valuation and Advisory has tied up with UOB Business Banking to launch Singapore’s first instant indication guide for commercial property.
Hong Kong made a rare appearance in the list of wealth loss leaders in the latest Credit Suisse report, shedding 12,000 millionaires in 2019.
BNP Paribas has taken a strategic stake in Allfunds, a global custodian and fund services provider. The lender also agreed to work with Allfunds to create a leading fund and wealthtech platform.
Australian think tank Lowy Institute urges significant deceleration in Chinese lending to South Pacific economies due to the unsustainable scale and lack of institutional protection.
Corporate and fund solutions provider Intertrust further expands its China presence with the launch of its fourth mainland office in Shenzhen.
OCBC became the first Singapore bank to join Singtel's VIA mobile payment alliance, boosting the mobile operator's regional payment network. Thailand’s Kasikornbank has also joined the alliance earlier.
The Asian private banking industry continues to undergo change. Digital tools ensure the survival of banks. Personalized contact, however, is the first step toward a trust-based relationship.
CIMB Bank plans to double its market share from 3 percent to 6 percent by 2021 for its small- and medium-sized enterprise (SME) banking business in Singapore.
UBS Group is trimming some 40 jobs in Asia Pacific as part of the group's push to cut costs and combine its trading units.
OCBC will seek to more than double its current green loan assets to reach $10 billion by 2022.
Bond defaults in China this year have already matched last year’s all-time high and are set to break the record amidst an ongoing trade war and slowing growth.
Thailand's central bank chief warns of the risks that ultra-loose monetary policy can pose to emerging markets.
A Credit Suisse top executive reportedly got aggro with a rival at one of Zurich's most fashionable, upscale restaurants – the third such incident in short order. The Swiss bank as «Fight Club»?
For the client of a bank, the relationship manager is a person in a position of trust. He has all the financial know-how available and helps clients reach their goals. In his essay for finews.first, Matthias Hunn raises the question whether bankers always act in the...
China’s Hunan province will impose a complete ban on peer-to-peer lenders after it was revealed that gross non-compliance was occurring at the industrywide level.
Delays in regulatory approval are threatening to scupper Moody's bid to take over China's largest ratings company.
Hong Kong’s hedge fund industry registered its largest quarterly outflow since the global financial crisis a decade ago, attributed primarily to small and medium-sized players.
Page 560 of 1007