Aberdeen Standard Investments hires a new Asia Pacific head of real estate investment research, following a series of recent moves to expand capabilities in the asset class.
Independent internet-only Xinja Bank was granted full banking license by Australian regulators, furthering the growth of digital banking in the Asia Pacific region.
A Swiss digital investment specialist has decided to open up the Asian market for its business and will start out with a branch in Hong Kong.
China e-commerce giant JD.com and Thailand’s top retailer Central Group have jointly launched a new financial services app, partnering with the largest Thai lenders to capitalize on the nation’s digital banking opportunity.
Nomura is expected to launch its onshore China joint-venture in December with a staff of more than 100.
Demand for investment-based emigration from wealthy Chinese is shifting to the U.K. from the U.S., according to a recent data report, citing an escalating trade war, a weak British pound and desire for further diversification as drivers.
Goldman Sachs Private Wealth Management posted 25 percent growth in discretionary assets in Asia credited to strict focus on a core-satellite approach and continued expansion of its platform, including the recent addition of «Defined Objective» portfolio...
Hong Kong’s richest, Li Ka-shing, publicly commented about the ongoing unrest while attending an event at a local monastery, pleading for the government to give the city’s «future owners» a way out.
J.P. Morgan analysts have created an index to quantitatively measure the impact of U.S. President Donald Trump’s tweets on Treasury yields.
Credit Suisse’s Asia chief Helman Sitohang notes that effective institutionalization and tedious account-opening processes are making assets significantly stickier even when relationship managers leave the bank, adding that even clients are frankly tired of...
Chinese authorities strike back against recent comments from the Fitch downgrade of Hong Kong issuers, calling factors such as the political system as an «irrelevant thing» to consider in its analysis of the city's creditworthiness.
More cooperation between ASEAN regulators is needed for the region to fully benefit from the growth of the digital economy.
A new online registration system has been introduced by Indonesia’s financial regulator to monitor and further encourage the growth of fintech development in the country.
Saudi Aramco is likely to select J.P. Morgan, Citi, Goldman Sachs and Samba Financial Bank for roles in its upcoming initial public offering.
Australia lender Westpac Banking Corp received a class action against an asset management and insurance arm it owns, in relations to pension investments under its management.
The Hong Kong Exchanges and Clearing signed a memorandum of understanding with Chinese financial giant Ping An Insurance to explore potential collaboration in fintech and data analytics to «enhance the region’s financial market ecosystem».
The Monetary Authority of Singapore continues to oil the fintech wheels, this time targeting payment fintech firms and their increasingly complex compliance needs with a program aimed to connect them to law firms with the expertise.
China’s central bank said on Friday that it will cut the amount of cash that banks are required to hold as reserves to boost liquidity amidst a slowing economy.
Edelweiss subsidiary ECL Finance has signed an agreement with the State Bank of India to boost credit access to micro, small and medium-sized enterprises – the third such deal the major non-banking financial group has made.
The restructuring of the UBS investment bank is but one sign of a trend: the industry is in the middle of a downward spiral and sales are back to the levels of 2006.
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