One month after claiming to be «almost ready», People’s Bank of China governor Yi Gang moderated expectations and emphasized the need for further review.
The senior executive, who joins from UBS, will contribute to the overall business strategy of the firm’s fixed income business.
A Hong Kong corporate lawyer has tendered his resignation at BNP Paribas after his expression of support for the anti-government protests caused a storm amongst China's netizens.
The UN's Sustainable Development Goals are the roadmap for creating a more sustainable world by 2030. However, the funds available to the 195 signatory states for implementing the goals are limited. The private sector must therefore also make a contribution.
Credit Suisse's surveillance of Iqbal Khan is rooted in a feud with CEO Tidjane Thiam. finews.asia reports on the role the bank's chairman, Urs Rohner, played in unleashing the drama.
A Hong Kong-based multi-family office is merging with a Singapore-based rival, finews.asia can reveal. The roots of the $2 billion asset tie-up are with Julius Baer in Asia.
China International Capital Corporation is the latest firm to leverage technological capabilities through an agreement to establish a joint venture with a Tencent subsidiary.
A prolonged slump in the German lander's fortunes is prompting top investors Deutsche Bank to look for its own candidates to replace its embattled chairman.
Fintech talent remains hotly in demand with 94 percent of relevant employers in Singapore claiming that the city-state faces a shortage.
To mark the e-wallet's fifth anniversary, DBS announced new functionalities and merchant deals and said it hopes to grow its user base.
The program, now in its third edition, aims to help startups, SMEs and businesses adopt digital technology to drive productivity and growth.
Two weeks after the Hong Kong Stock Exchange's bid for the London Stock Exchange was sternly rejected, the heads of the two exchanges took the feud public, exchanging digs over the true gateway to China in a conference attended by 8,000 delegates.
The firm, which has just received a Swiss banking license, hopes to facilitate the mainstream adoption of digital assets into regulated finance.
The regulator's plan to introduce a collateral requirement on securities trading was widely criticized by industry players, who said it would affect market liquidity.
Around half a dozen suitors are competing for Aviva’s Singapore and Vietnam business in a deal valued at up to $2.5 billion.
Alibaba Group has bought a 33 percent equity interest in Ant Financial, pulling the financial tech giant closer to mainland China.
Hong Kong’s Securities and Futures Commission will forge ahead as planned with its margin financing cap despite the brokerage industry’s plea for a delay.
Credit Suisse had its former star banker shadowed by private detectives. The end justifies the means in crisis-hit Swiss wealth management – an alarming sign for the refined culture of noble restraint.
Aberdeen Standard Investments has strengthened its Environmental, Social and Governance investment capabilities in Asia Pacific with two appointments.
Natixis has appointed a new chief operating officer in the Asia Pacific, who will lead the transformation of the firm's operating model as it moves towards a higher level of digitalization.
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