Chinese authorities have reportedly told major lenders to Evergrande not to expect upcoming interest payments on bank loans, in yet another sign of liquidity stress at the troubled property giant.
The boutique private bank is creating two new key appointments, which will form part of its Asia Management Committee as of 24 September 2021.
The Swiss bank's chairman and CEO are reportedly at odds, but future strategy hinges on a shift in power dynamics elsewhere.
The regional partnership will support thousands of merchants across Southeast Asia, as competition in the «Buy Now Pay Later» (BNPL) space heats up.
A DBS veteran will take on a new key position at OCBC, which is part of the bank's plans to grow and expand across its key markets.
Two-way bond trading between Hong Kong and mainland China has been enabled with the latest launch of a southbound cross-border link.
The global funds business is seeing hectic takeover activity, putting pressure on the Swiss market leaders to follow.
Deutsche Bank Wealth Management has hired two former executives from DBS Private Bank to bolster its South Asia business.
The number of account openings by Gen Zs on online brokers Tiger increased by over 90 percent in Q2 2021, compared to the same period last year.
An alliance of non-governmental organizations sent an open letter to Bank of China, urging them to step up climate change efforts and stop financing coal projects abroad.
Business considerations as increasingly important for individuals as they make strategic relocation decisions in the current and post-pandemic landscape, according to the residence and citizenship planning specialist.
From «leaning in» to adopting a lower voice in meetings, much of the solution to improving women’s careers has lain on women themselves. Now a study considers another approach to achieving gender equality.
China’s major crackdown on the tech sector has led to foreign reluctance to invest in the mainland markets at levels unseen before, according to Julius Baer’s Asia Pacific head of research Mark Matthews.
Singapore Exchange (SGX), has announced personnel changes to its board of directors.
The link will facilitate instant, low cost fund transfers directly from one bank account to another between Singapore and India.
The platform plans to tap on the growing popularity of cryptocurrencies and digital assets among corporate investors, accredited individuals and family offices.
Chinese regulators have reportedly expanded scrutiny of offshore listings that use variable interest entities beyond foreign countries to Hong Kong.
Private credit boutique asset manager Monroe Capital has hired a former executive from Aberdeen Standard Investments as its head of Asia.
Signs are mounting that Thomas Gottstein, CEO of Credit Suisse, is on borrowed time after the double hits of Greensill and Archegos.
Numerous local government agencies have made it mandatory for their employees and individuals with whom they work, such as students and tenants, to use a new anti-fraud app, which is spying on its users.
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