The firm is the first offshore asset manager set up by a regulated asset management company in China to establish operations in Singapore.
The asset management firm is adding a new head of consultant support for Australia and New Zealand as it grows its business in the region.
Recent moves by Chinese authorities to further open its economy by scrapping foreign ownership limits should not be viewed as a compromise, state media said, claiming such views to be short-sighted.
New international wealth chief Philipp Wehle makes his first move at Credit Suisse to increase the number of private bankers covering its richest, strategic clients.
The former Eastspring Investments top exec will bring her wealth of experience across different areas of the asset management business to M&G as the firm lays the foundation for long-term strategic growth across Asia.
The Hong Kong Monetary Authority will meet the city’s nine largest lenders to discuss how to provide financing to small and medium enterprises as the economy faces a technical recession.
Select lenders in Singapore will be authorized to provide trading, settlement and custody services for Chinese interbank bonds on behalf of foreign investors.
The search for the Securities and Futures Commission's new chief executive, slated for entry in late 2020, is underway with the current deputy named by industry veterans as an ideal successor.
It has formed a joint venture with a fund managed by Alpha Investment Partners to acquire an 85-percent stake in an international grade-A office complex in Beijing.
Swiss Foreign Minister Ignazio Cassis stresses the need for an integrated foreign policy that takes the needs of domestic actors into account. In an interview with finews.com, Cassis also reveals what he personally expects from Swiss banking.
Embattled office space firm WeWork Companies is leaning towards a near $5 billion financing package led by J.P. Morgan Chase rather than face dilution.
In order to upgrade its staff and equip them for the digital era, UOB has launched a comprehensive learning and development program to upskill its employees.
The mass affluent and high net worth populations in Indonesia are set to grow in the next three years. Wealth managers should be aware of rising interest in illiquid investments too, says data and analytics firm GlobalData.
The Hong Kong Monetary Authority announced a reduction to the minimum capital buffer required in a move that will inject up to HK$300 billion into a weakening economy hit by ongoing unrest.
Citigroup, which earlier announced its decision to dissolve its investment-banking joint venture in China, is now setting up a wholly-owned securities business in the world’s second-largest economy.
Goldman Sachs’ private wealth management arm in Asia has made developed a strong recurring income base due in no small part a discretionary proposition which it proclaims to be akin to having a personal chef as opposed to its competitors' «set menu» offerings, in...
China’s third attempt in two months to auction off the shares of a Zhejiang-based rural bank on e-commerce platform Taobao resulted in precisely zero bids in yet another example illustrating the health of the nation’s banking system.
Investment in financial technology ventures in Singapore rose sharply in the first nine months of 2019, led by fundraising with payments startups and insurtech firms and a shift toward more-mature companies.
Hong Kong’s Securities and Futures Commission chief executive, Ashley Alder, will step down from his role in September 2020 following the end of his third three-year term.
India's mega fintech Paytm is close to bagging $2 billion of new financing from well-known investors, enough to fend off an influx of new rivals, according to people familiar with the matter.
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