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FINANCE Thursday, 12 September 2019 11:00

Hong Kong Launches Initiatives for Financial Hub Status

Hong Kong officials announced various plans to further promote the city’s status as a global financial center and corridor for Greater Bay Area opportunities.

PEOPLE Thursday, 12 September 2019 10:00

BNY Mellon Adds Two in Asia

BNY Investment Management expands its intermediary business in Asia ex-Japan with the hire of two business development managers covering the segment from Hong Kong and Singapore.

FINANCE Thursday, 12 September 2019 09:00

HSBC Launches Digital Credit Card in Mainland China

HSBC continues to expand its capabilities in mainland China with the latest launch of a digital credit card – the first foreign bank to do so.

PEOPLE Wednesday, 11 September 2019 17:30

HSBC Private Bank Hires to Bolster Investment, Product Coverage

HSBC Private Banking has announced several key appointments, including the creation of a new Discretionary Head role and hires to strengthen the bank's investment counseling coverage for Taiwan and mainland China.

FINANCE Wednesday, 11 September 2019 17:06

Credit Suisse Hires Top Analyst to Devise Growth Strategy

Credit Suisse has hired a renowned financial analyst to rework its strategy. He will report to CEO Tidjane Thiam. Arch-rival UBS recently made a similar move for a star analyst.

FINANCE Wednesday, 11 September 2019 17:00

Hong Kong Regulator Fines HSBC for Phone Recording Violations

The Securities and Futures Commission fined HSBC HK$2.1 million due to missed phone recordings that covered nearly 6,000 client orders.

PEOPLE Wednesday, 11 September 2019 16:37

Deutsche Bank Hires APAC Marketing Head from StanChart

The banking and finance marketing executive has more than 15 years of industry experience at global banks.

FINANCE Wednesday, 11 September 2019 16:00

DBS Launches China SME Trade Financing Facility on Blockchain Platform

The financing facility, which was developed in partnership with a «leading Chinese logistics player,» offers multi-tier financing solutions to more than 1,000 of suppliers in the company’s supply chain ecosystem, DBS said.

FINANCE Wednesday, 11 September 2019 15:37

Ex-UBS Veteran to Become Chairman of Bank J. Safra Sarasin

Ex-UBS topshot Juerg Haller will take over from Ilan Hayim as chairman of Bank J. Safra Sarasin and as a member of the board of the holding company.

PEOPLE Wednesday, 11 September 2019 15:30

HSBC Life Singapore Makes Senior Appointments

The bank has announced three senior appointments to support the growth of its insurance business, as it ramps up its manufacturing and distribution activities in Singapore.

FINANCE Wednesday, 11 September 2019 15:00

UOB Launches Entrepreneur Networking Initiative

Banks in Asia continue to place strong emphasis on entrepreneurs, including UOB, which has launched a networking initiative for knowledge-sharing and collaboration opportunities within the segment.

PEOPLE Wednesday, 11 September 2019 14:32

QBE Insurance Appoints Singapore CEO

The appointment will enable the firm to take a more customer-focused approach in growing its business in Singapore, the insurer said.

PEOPLE Wednesday, 11 September 2019 13:45

Withers Hires Private Fund Specialist in Singapore

WithersKhattarWong, the Singapore arm of Withers, has hired a private funds and cross-border investment specialist to join the firm as a partner.

PEOPLE Wednesday, 11 September 2019 11:25

OCBC Head of China Joins CapitaLand

The real estate company has hired a China specialist to support the firm's development in China.

PEOPLE Wednesday, 11 September 2019 11:01

No Bonus Increase for Most PE Professionals in APAC

The number of increases in base pay and bonus fell year-on-year for investment professionals in private equity but the broader job market for the sector remains strong, according to a recent Hedrick & Struggles survey.

FINANCE Wednesday, 11 September 2019 09:57

Libra’s Reserve Basket Likely to Exclude Yuan

The initial basket of currencies backing cryptocurrency Libra will likely include the U.S. dollar, euro, yen, British pound and Singapore dollar, according to a Facebook statement.

FINANCE Wednesday, 11 September 2019 09:29

OCBC’s Voice-Based Virtual Assistant Logs 20,000 Requests

OCBC’s voice-based virtual assistant has successfully resolved over 20,000 requests since its launch in mid-August, the bank said, breaking down the request types received.

FINANCE Wednesday, 11 September 2019 08:59

Family Office Guru Resigns from Chinese Asset Manager in Hong Kong

Nick Xiao, managing partner of CSOP Family Office in Hong Kong, has surprisingly resigned from his position this week, finews.asia can exclusively reveal.

FINANCE Wednesday, 11 September 2019 08:25

Axa-Allianz-Scape Tie-Up Buys 3,500 Student Bed Spaces in Australia

A partnership between Axa Investment Management – Real Assets, Allianz and student accommodation operator and manager Scape led to the acquisition of the «Atira Student Living» portfolio, six operational assets with 3,510 student housing beds.

PEOPLE Tuesday, 10 September 2019 20:46

Julius Baer's David Durlacher on Life After Brexit

Doomsday sayers have been calling an end to the U.K.’s status as the most favored nation among the world’s wealthy since the vote on Brexit three years ago. The reality may well be a different one, Julius Baer's country head David Durlacher says in an interview...

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