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PEOPLE Tuesday, 24 September 2019 15:30

HSBC Announces Key Senior Appointments

HSBC Private Banking has announced the expanded role of Cynthia Lee, appointed as Regional Head of Private Wealth Solutions (PWS), Asia Pacific, and the appointment of Steven Weekes as Head of Private Wealth Solutions (PWS), South East Asia. 

FINANCE Tuesday, 24 September 2019 14:30

China's Millionaires Snap Up Singapore Luxury Apartments

Sales of Singapore apartments worth at least S$10 million have hit an 11-year high, fuelled by increased demand from Chinese millionaires seeking safe-haven assets.

FINANCE Tuesday, 24 September 2019 13:35

UBS: Recession Fears Drive Wealthy Families to Stockpile Cash

Global family offices surveyed by UBS are raising cash reserves in view of a recession by 2020.

PEOPLE Tuesday, 24 September 2019 12:16

UBS' Suni Harford: Navigating In the Finance C-Suite

UBS' incoming asset management head Suni Harford is a star of U.S. banking. What are her tips on how to navigate in the finance C-suite as a woman?

FINANCE Tuesday, 24 September 2019 11:03

ANZ Appoints International Head of Sustainable Finance

Australia and New Zealand Banking Group appointed a new international head of sustainable finance, as demand for ESG-related funding continues to grow especially in Asia.

FINANCE Tuesday, 24 September 2019 11:00

Former Syz Investment Chief Joins Aspiring Asset Manager

Swiss-based asset manager Decalia Asset Management has poached the former investment manager of Syz Asset Management, as finews.asia can reveal.

FINANCE Tuesday, 24 September 2019 10:32

Singapore Banks Aim To «ChequeMate»

Singapore's banks are raising fees for processing cheques in a move towards a cheque-free future in the country. OCBC is the latest local lender to make this move, charging S$0.75 a cheque from the start of next month.

FINANCE Tuesday, 24 September 2019 09:52

MAS’ Ong Ye Kung: Good Compliance is Not About Ticking Boxes

Ong Ye Kung, a board member of the Monetary Authority of Singapore, warned against observing rules and regulation as a matter of process or ticking boxes as such tendencies can lead businesspeople astray from intended outcomes.

FINANCE Tuesday, 24 September 2019 08:42

Hong Kong Watchdog Bans Bocomm Banker for Life

Hong Kong's Securities and Futures Commission banned a former vice president of Bank of Communications from re-entering the industry for life due to bribery charges.

FINANCE Tuesday, 24 September 2019 07:18

Credit Suisse to Probe Banker Skirmish

Credit Suisse is launching an investigation into a skirmish between its former top private banker, Iqbal Khan, and a private security detail in downtown Zurich.

FINANCE Tuesday, 24 September 2019 07:05

Pictet Managing Director Resigns in Singapore

Shock resignation of veteran banker less than a year since joining the bank, after having spent almost two decades in a market-facing role at BNP Paribas. 

PEOPLE Monday, 23 September 2019 18:34

Ten Years of finews: Image Gallery

Almost 150 guests were on hand when finance portal finews celebrated its tenth anniversary. A look at the evening’s festivities at Zurich’s baroque city palace Meisen.

REAL ASSETS Monday, 23 September 2019 17:35

Singapore Overtakes Japan as Asia's Richest Market

While Singapore's net financial assets per capital grew 4.4 percent year-on-year, global economic instability and trade wars are weighing heavily on the global middle class, according to Allianz's new «Global Wealth Report.»

FINANCE Monday, 23 September 2019 16:34

PBoC Shaves Short-Term Rates to Offset Trade War Woes

China slightly cuts short-term interest rates to support businesses hit by the ongoing trade war, just weeks after it also decreased banks' required cash reserves to the lowest post-crisis ratio.

FINANCE Monday, 23 September 2019 15:27

Jim Coulter: «We Are Totally Unprepared»

The American billionaire investment manager said the private equity industry's opaqueness would be its undoing, and gave about his views on technology and investing through economic cycles at the Milken Institute Asia Summit.

FINANCE Monday, 23 September 2019 14:10

AXA Acquires Mixed Use Property from Yamaha

AXA Investment Managers – Real Assets continues its buying spree with the latest acquisition of a Japanese mixed-use development site from Yamaha.

FINANCE Monday, 23 September 2019 12:50

HSBC Woos Beijing Policymakers with PR Campaign 

HSBC seeks to better its reputation in China with a public relations campaign including specific strategies to target policymakers in the wake of the Huawei debacle.

FINANCE Monday, 23 September 2019 12:05

AirAsia's BigPay Launches International Remittance Services

BigPay, the financial services venture by Malaysian low-cost carrier AirAsia, has announced the fixed-rate international remittance services across Southeast Asia.

FINANCE Monday, 23 September 2019 11:00

MAS Fintech Chief: Adopt New Paradigm for Digital Banking to Succeed

MAS' chief fintech officer discussed the opportunities and risks of big tech in finance and explained how regulators can build a foundation that would allow digital banking to flourish.

FINANCE Monday, 23 September 2019 10:30

DBS Expands Transaction Banking

As trade flows around Asia are reconfigured amid an ongoing trade war, the bank is seeing brisk business in growth markets, and plans to grow its global transaction services business there.

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