Paypal's interest in Pinterest is another example of how payment systems see owning their own social network as a way to remain competitive.
Debt-laden developer China Evergrande’s shares continue its descent after resuming trading in Hong Kong today with more news in the backdrop related to fundraising challenges.
She takes over the role from Remko Witteveen, who was interim head until October 2021, when he left ING to return home to the Netherlands.
Despite rapidly growing affluence, mainland Chinese are the least prepared for retirement, according to a recent survey by Standard Chartered, with over half of the market having made no related savings nor investments.
Its growing cooperation follows Ripple’s acquisition of a 40 percent stake in Tranglo to scale the footprint of RippleNet in APAC and beyond.
Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit.
MarketWolf, a «intra-day options only» trading app, has raised $5.5 million from private investors in new round of seed funding.
The Swiss bank’s excruciating litany of sins makes clear how urgently António Horta Osório needs to break with an era where chancers were granted free rein to run roughshod over values and mores.
UBS has hired four new executives and promoted two others for its equities and research team in Australia and New Zealand.
The Swiss bank's outgoing chairman is a central figure in a court case between former top executive Andrea Orcel and Santander over a job offer that fell through.
The city-state is continuing with community-wide restrictions as case numbers remain high and hospital capacity stretched.
Binding bids for Citigroup’s retail assets across Asia are due within the coming week with interest drawn from both fellow global banks and local players.
Credit Suisse's settlement in the Mozambique case does not put the affair to bed. Criminal investigators are still breathing down its neck, while it deals with several legal claims.
With the rapid growth of sustainable investing, what is Asia’s unique positioning and what are key drivers and investor motivations? En Lee, Head of Sustainable and Impact Investments at LGT Asia, shares his views.
DBS and OCBC have announced partnerships as part of the cross-border wealth management scheme between Hong Kong and China.
Covid-19 has brought the issues of climate change and resilience to the forefront and key players in Southeast Asia have responded by ramping up their sustainability efforts.
Hong Kong-headquartered crypto firm OSL continues its global expansion with the latest roll-out of a new offering for Latin America.
The platform will allow industry players to collaborate, share best practices and build new capabilities.
The Swiss bank wrapped up a U.S. criminal probe over loans and bonds for debt-laden Mozambique with a guilty plea and a hefty fine. Its home regulator dovetailed with its own sanctions.
With Credit Suisse's shares trailing the SMI, Swiss finance waits in suspense for the bank's new strategy. Chairman António Horta Osório needs to make something stick.
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