UOB's new partnership with a B2B e-commerce platform uses AI and machine learning to facilitate faster and more accurate loan financing to SMEs in Southeast Asia.
The investment bank has created a new position of Sustainable Investing Head, and has hired an industry veteran from BlackRock.
More than half of customers do not completely trust their primary bank, according to J.D. Power's 2019 Hong Kong Retail Banking Satisfaction Study.
The Investment Management Association of Singapore unveils the Digital Accelerator Programme on Thursday. The programme provides mentorship for fintechs.
Investors are quietly optimistic about Standard Chartered new profit targets and cost-cutting measures. The moves are introduced to free up capital and revive the bank's faltering performance.
After news broke that DBS is merging its retail equity trading under DBS Vickers with the bank, four brokerages in Singapore jumped in to recruit affected remisiers.
Allianz has hired a new regional chief executive officer for Asia Pacific, who will be responsible for the P&L and functional development of Allianz’s Property & Casualty business in the region.
Both parties plan to jointly promote and drive cross-border payments to grow their respective user bases and merchant networks, and explore collaboration around rewards and loyalty programmes.
Citi announced the launch of PayAll, a service that allows customers to use their credit cards to make payments on big, recurring payments such as rent and education through mobile while earning rewards on their spend.
Erstwhile wunderkind Jan Schoch has resurfaced, after his acrimonious exit from the firm he co-founded and his digital wealth manager crumbled. His new gig promises to be no less controversial.
Talks about a merger between Deutsche Bank and Commerzbank have been kindled by powerful political figures. But they are not alone – an overseas investor is also said to favor a German champion.
The private equity boom is likely to slow down. However, some countries and sectors are still very much in the focus of investors.
Goldbell Financial Services led a seven-figure Pre-Series A funding round for a Singapore-based fintech company that provides shoppers with an interest-free «Buy Now Pay Later» service.
Credit Suisse is bestowing three top execs with more power after a management shakeup. A top regulatory banker will move to CEO Tidjane Thiam's team and a long-time associate widens his remit.
Asia is now universally recognized as being the engine of world wealth growth. In China and across Asia, new fortunes continue to be forged every day.
China Taiping Insurance Singapore launched the first product in its Infinite series for High-Net-Worth individuals.
Swiss insurer Zurich Malaysia appointed a seasoned industry leader with more than 18 years of experience in the life insurance industry across the Asia Pacific region as the new CEO of Zurich Takaful Malaysia Berhad.
Being a major retail bank in Asia may be a blessing and a curse, the emerging markets' major discovers.
China Banking and Insurance Regulatory Commission vice Chairman claims debt-cooling measures «marvelous achievement».
He may have inherited a more troubled bank and there continues to be a distance between the two in AuMs, but Credit Suisse's Tidjane Thiam may have a lot to teach the industry-leader UBS.
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