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FINANCE Monday, 14 October 2019 17:32

Invesco Launches Third FMP for Hong Kong

Demand for stable income persists in Asia leading Invesco to launch its third fixed maturity product for the year in Hong Kong.

FINANCE Monday, 14 October 2019 17:00

Number of Fresh Graduates Applying At Singapore Banks Surged

Despite news of major job cuts within the banking industry, the queue of fresh graduates lining up to get into the doors of Singapore's local banks just got longer. One local bank saw almost twice the applicants for its various positions in the last two years. 

FINANCE Monday, 14 October 2019 16:35

CME Expects Bitcoin Options to Go Vogue in Asia

Chicago Mercantile Exchange expects that more varied exposure and precise hedging to bitcoin will prove popular in Asia, following the launch of its options offering for the cryptocurrency slated for the first quarter of 2020.

FINANCE Monday, 14 October 2019 15:00

Merian Global Investors Acquires A Top Multi-Asset Business

Merian Global Investors (MGI) has signed an agreement to acquire the top-performing multi-asset business from Kestrel Investment Partners.

FINANCE Monday, 14 October 2019 14:02

Australia Launches Mortgage Pricing Inquiry

Australian authorities will probe its largest banks over concerns about mortgage pricing practices after failing to fully pass on the savings from the latest central bank rate cuts to its customers.

FINANCE Monday, 14 October 2019 12:15

MAS Bans Convicted Insurance Agents and Banker

Three former insurance agents and one banker have been received prohibition orders from the Monetary Authority of Singapore for defrauding clients over nearly S$600,000.

FINANCE Monday, 14 October 2019 11:56

UOB Kay Hian, DBS Vickers Still Working On Marriage

Integrating some 100-plus remisiers from another brokerage is not a smooth process, but UOB Kay Hian is determined to make the most of it so as to gain scale from this move.

FINANCE Monday, 14 October 2019 11:07

China Makes Major Liberalization Move

Chinese regulators unveiled its timeline for ownership cap removals across various types of companies in the financial sector in yet another market-opening move in the midst of a grueling trade war.

FINANCE Monday, 14 October 2019 10:30

HSBC Reviews Equities Unit

HSBC will be reviewing its global equities sales and trading business as it tries to slash costs under Noel Quinn, raising the chances of more job cuts.

FINANCE Monday, 14 October 2019 10:01

December Launch for Yuan-Based Trading Hub in Macau?

Chinese authorities continue exploring the development of new fundraising centers with hopes for a Nasdaq-styled exchange for yuan-denominated securities in Macau to launch as soon as December.

FINANCE Monday, 14 October 2019 03:24

Lars Jaeger: «Are We Witnessing a New Sputnik Moment?»

It has now emerged that Google’s engineers have succeeded in designing a quantum computer which, for the first time ever, has solved a problem a conventional computer is not able to. We could thus be witnessing a new Sputnik moment in IT, Lars Jaeger writes in...

FINANCE Friday, 11 October 2019 18:04

Iqbal Khan Scandal: Detective Firm Blames Credit Suisse

The private investigators that followed ex-Credit Suisse banker Iqbal Khan on behalf of his former employer have accused the bank of having hampered their work through leaks.

FINANCE Friday, 11 October 2019 17:00

ING Launches Fund Financing Based on Sustainability

ING recently closed the world’s first sustainability improvement capital call facility for Quadria Capital Fund II, where the interest rate is pegged to the sustainability performance of the fund.

FINANCE Friday, 11 October 2019 16:00

Singapore and Italy Jointly Top CEO Gender Diversity Chart

With 15 percent of female CEOs, Singapore is on par with Italy, topping the CEO gender diversity chart globally, a report by Credit Suisse reveals.  

PEOPLE Friday, 11 October 2019 15:17

Juerg Zeltner's Woes With His Childhood Dream

Juerg Zeltner achieved at KBL what he wanted most – being an entrepreneur. It also seems to have cost him his seat on the supervisory board of Deutsche Bank.

FINANCE Friday, 11 October 2019 15:00

State Street Starts Direct Access Lending

State Street Corporation on Friday launched Direct Access Lending, a securities finance product that enables direct, principal loans between its lending clients and its borrowing clients.

FINANCE Friday, 11 October 2019 14:01

Former Indian Billionaire Arrested for $340 Million Siphoning

Former billionaire and Indian healthcare tycoon, Shivinder Singh, was arrested alongside three others over charges of siphoning around $340 million from a lender they controlled.

FINANCE Friday, 11 October 2019 12:55

SIX Signs China Cooperation Pact

The Swiss exchange and a rival Chinese stock market operator have agreed on a cooperation pact in a bid to promote business opportunities for investors in both countries.

PEOPLE Friday, 11 October 2019 12:30

HSBC Appoints New Head of Global Liquidity and Cash Management

HSBC Singapore on Friday announced a new Head of Global Liquidity and Cash Management who will lead the business in Singapore working with customer groups to maximize its potential as a regional treasury hub as they deepen their presence in Southeast Asia.

FINANCE Friday, 11 October 2019 12:00

No Strippers? No Promotion

Accusations of a boys club culture at one of the world’s largest asset managers coincide with star money manager likening winning business to «getting into a girl’s pants».

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