CEO Ralph Hamers wants banking services to be more like Netflix. Now the bank is sponsoring a mini-series which fits with UBS' private banking plans.
Higher vaccination rates and a successful reopening with China first will be the prerequisites before Hong Kong makes a broader reopening to the world, according to officials who placed a six-month timeline as the earliest possibility.
She succeeds Scott Burnett, who is currently transitioning from his Asia geography role into his new position as chief commercial officer in the Risk & Broking operations worldwide.
HSBC wealth and personal banking chief Nunos Matos reportedly shared that the British lender was eyeing a reentry into private banking in India, noting that the market «demands a strategic decision this year».
The Federal Reserve warned that stresses in China’s property market have the potential spill over and impact the U.S. in its latest Financial Stability Report.
They will work with the firm's regional functional heads to strengthen collaboration and alignment across the organization.
Fidelity International chief executive Anne Richards stressed that loss of financial privacy – and, thereafter, even access – is the top consumer risk to consider before adopting central bank digital currencies worldwide.
The fintech platform aims to introduce a suite of product and service offerings that will enable businesses in Singapore to operate and grow across the Asean region and globally.
The initiative aims to enable effective, data-driven decision-making around environmental, social and governance (ESG) factors so that banks can better support their clients’ green trade financing needs.
Barclays Private Bank has strengthened its Asia business with three new appointments in Singapore.
The Swiss lender's chair once again splashed out on buying shares, shortly after giving the bank a new strategy.
The Swiss bank is offloading its business with hedge funds to a French rival. This follows more than $5 billion in losses in the unit on Archegos' downfall.
A major shareholder spoke out in favor of partnering one or both of the Swiss bank's problem units – asset management and investment banking. Crosstown rival UBS is a prime candidate.
Hong Kong’s largest lender will reportedly require staff to be vaccinated or submit bimonthly tests after regulators asked financial institutions to «proactively encourage» workers from the sector to take the jab.
Hong Kong-based Swiss investment manager HSZ Group’s chairman and founder will retire after establishing the business more than two decades ago.
Starting next year, banks in Singapore will have to undergo stress tests and make regulatory disclosure to ensure the management of climate and other environmental risks.
The pioneer of central bank digital currency, China recorded its first case of money laundering via the electronic yuan.
Manulife Investment Management bolsters its Hong Kong unit with the hire of two Asia fixed income specialists.
HSBC’s wealth and personal banking chief Nuno Matos underlined the importance of securing client trust rather than developing technology as the top factor to success in future banking.
Global private equity firm Carlyle has hired a former Blackstone executive to co-lead its India investment advisory team.
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