The Chinese-owned private bank is beefing up with the hire of a Credit Suisse banker. The wealth manager is part of a push to more forcefully win offshore business from China's wealthy.
China will survey 30,000 participants to identify risk and opportunities in the rarely discussed universe of mainland household debt.
Barclays Bank of Kenya is considering integrating digital payment capabilities into its virtual banking platform through a partnership with WeChat Pay and Alipay.
Hong Kong, the world’s largest market for initial public offerings for six times in the past decade, might still reclaim its crown from the Nasdaq this year, analysts said.
Barclays has agreed to pay a $6.4 million settlement over U.S. charges alleging that the British lender had hired friends and families of foreign officials in Asia to win business.
Bank lending in Singapore rose 0.6 percent in August from a month ago, as consumer loans contraction was offset by a rise in business loans.
Small Chinese companies seeking initial public offerings in the U.S. are set to face greater headwinds with the Nasdaq set to tighten restrictions.
A seven member gang was busted while attempting to smuggle nearly $300,000 worth of gold into India with various storage methods like eating the precious metal.
U.S. Treasury officials downplayed recent media reports about delisting discussions amidst growing momentum in favor of greater scrutiny of Chinese companies.
Hong Kong Exchanges and Clearing is seeking a syndicated loan of up to $9.8 billion in an effort to improve the attractiveness of its bid for the London Stock Exchange.
Negative real yields coupled with high-yield short-term wealth management products caused the incumbent money market leader, Yu’e Bao to slip two ranks after a 39 percent nosedive in assets under management.
Who watches the watcher, the Securities and Futures Commission muses in a recent proposal to expand its oversight and supervise depositaries of funds authorized in Hong Kong.
FTSE Russell announced its decision not to include Chinese debt in its government bond index, in a differentiated move compared to other major index players.
The danger of technological disruption of the banking industry is being hotly discussed. Surprisingly, the viewpoint of the customer rarely gets looked into at greater depth, Teodoro Cocca writes in his essay for finews.first
Credit Suisse is launching an ambitious push into responsible investing. The move comes as wealth managers eye up a new generation of rich clients, whom they believe want to make money more purposefully.
Credit Suisse's chairman, Urs Rohner, faces a range of options in the spy scandal. He isn't ruling out that CEO Tidjane Thiam will have to go, according to people close to him.
Credit Suisse scooped up a former team of specialists from CLSA to establish its own quant analytics capabilities onshore in China.
Insurance giant Great Eastern and Singtel have joined hands to host PVP ESPORTS at Great Eastern Center this month, in support of the thriving esports community in Singapore.
Investors that are seeking differentiated exposure to bitcoin rather than just long-only bets can now do so for the first time through Leonteq’s pioneering exchange-listed structured product.
Ascott acquires a $139 million Australian serviced residence through its global fund jointly set up with the Qatar Investment Authority.
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