The two firms have announced a partnership to support sustainable economic growth and make financing more accessible to companies on Ariba Network, the world's largest digital business network.
A judge in a Hong Kong court ordered the confiscation of a bribe taken by a former bank executive at UBS totaling 1.5 million Hong Kong dollars.
Singapore’s «big three» banks – DBS, OCBC and UOB – were among the few that met half of WWF’s criteria on ESG criteria, in a study where nearly 90 percent of ASEAN lenders failed to do the same.
The firm, which reinvests its profits into its philanthropic ventures, is armed with an initial $100 million that it will use to invest in startups in the region.
Liechtenstein’s VP Bank has recovered from a low and its existing clients are clearly backing it up with a flow of new assets. Meanwhile, a key board member is stepping down with immediate effect.
HP Wealth Management is further expanding its presence with the hiring of four professionals from independent asset managers.
Tencent is the lead for insurtech firm Xiaobangguihua's Series B equity financing round. Shareholders including Sequoia Capital China and Reinsurance Group of America are also joining.
NETS, Singapore’s leading payment services group, announced that Shee Tse Koon, Singapore Country Head at DBS Bank, has been appointed to its Board of Directors.
Better policy to facilitate sustainable growth is likely to drive a boom amongst China’s banks in the private sector, according to Chinese media reports, which hinted at an acceleration of private lenders entering the market.
Employment within Singapore's fintech industry appears strong, with hiring expected to increase substantially over the coming 12 to 36 months.
Rather than compete directly with others as a traditional lender, Ping An intends to use its virtual banking license for more innovative purposes including as a platform provider to share its risk technology to enable and generate revenue from banks.
Hong Kong’s Securities and Futures Commission has entered a memorandum of understanding with the Independent Commission Against Corruption, to boost collaboration including a three-day workshop that involved knowledge sharing at the senior level.
In a tell-tale sign that HSBC's relations with Beijing are on the edges, the bank has been noticeably excluded from a list of 18 involved in China's interest rate reform.
Continued growth from its ultra-high net worth clients business has led Bank of Singapore to bolster its product capabilities with the addition of a new head of bespoke investments for Greater China and North Asia, according to finews.asia.
Switzerland Global Enterprise and the Swiss Business Hub ASEAN announced that they will showcase the best of the country’s fintech ecosystem and expertise under its Swiss Pavilion in the upcoming Singapore FinTech Festival 2019.
The rapid emergence of esports is being felt even in the corporate sector, where Singapore recently concluded a Singtel tournament featuring over 400 players from 60 companies.
The Monetary Authority of Singapore warned the public about a website using fabricated comments from Prime Minister Lee Hsien Loong to solicit investments in bitcoin.
Lombard Odier is bullish about its onshore partnership strategy in Thailand, claiming that 80 percent of high net worth wealth remains onshore with local banks.
Swiss online bank Swissquote in March announced it would expand its business to Singapore. The company has now taken the biggest step towards an implementation of its plan.
BNY Mellon Investment Management, a leading investment manager with more than $1.8 trillion in assets under management, announced the appointment of Eric Yu as Vice President, Institutional Distribution.
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