Swiss users of credit cards issued by smartphone-bank Revolut will be able to use Apple Pay after the companies signed an agreement.
Financial institutions are pouring more and more resources into transaction monitoring, yet alert volumes, disposition effort, and regulatory challenges rise.
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Tidjane Thiam, head of Credit Suisse, would like to assume Swiss citizenship. And with «his» bank, he also aims to be an active participant in the ongoing consolidation of the financial services industry.
The fund will allow Temasek Trust to play an active role in impact investments through sustainable philanthropy, beyond its usual approach of grant-making.
The new head will be in charge of expanding and strengthening the company’s partnership distribution network of bancassurance, brokers, and independent financial advisories.
With only one of his children in banking, the chief executive of Singapore's only bank still run by a family is open to someone from outside to take the helm.
The British multinational bank is planning to cut hundreds of investment banking jobs in a cost-cutting drive that will begin in June and last till the end of the year.
No longer just a back office, Goldman Sachs' operations in Bengaluru, India has moved into a new $250-million campus, which will be its global innovation center.
Offshore asset and wealth managers are lukewarm about the near-term potential for greater focus on Chinese domestic bonds despite the recent inclusion of the gargantuan market, citing nascency and existing exposure as roadblocks.
Three countries provide the best conditions for the development of fintech lending in Southeast Asia. In a short term perspective, it promises to result in the inflow of investments in the local projects.
The city-state has reclaimed the title it lost in 2010, leading a strong performance by the Asia-Pacific region as a whole.
Talent shortage poses a potential threat to achieving target revenues at Malaysia's banks.
Resolving trade issues between the U.S. and China would take decades, but there's too much self-interest at stake in keeping trade between the world's two largest economies from flowing.
The share of emerging markets in total gold demand has risen to 70 percent over the past five years, as measured by annual gold flows, while confidence in the U.S. economic engine and the U.S. dollar could crumble in the coming months.
The State Bank of India sees opportunities to gain back market share of loans lost to shadow banks over the last decade, as government interventions seek to rein in their loans.
Bank revamps its Singapore insurance business with new name and ramps up offerings with new products, expanded distribution arrangements.
United Overseas Bank is taking comfort that its main exposure in Southeast Asia will shield it from the escalating trade war between the U.S. and China.
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In response to media queries on the U.S. Treasury Report on Macroeconomic and Foreign Exchange Policies released on Wednesday, the Monetary Authority of Singapore released a statement.
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