Thursday, 30 April 2026

FINANCE Wednesday, 30 June 2021 11:47

Maybank CFO to Head Malaysia Sovereign Wealth Fund

He takes over from Shahril Ridzuan who will be departing to pursue his personal interests.

FINANCE Wednesday, 30 June 2021 11:27

Deutsche Bank Loses Greater China IB Vice Chair

The German lender's Hong Kong chair and Greater China investment banking vice chair has left the firm after two decades.

FINANCE Wednesday, 30 June 2021 09:50

Huawei CFO’s Lawyers Refute U.S. Claims with HSBC Documents

Huawei chief financial officer Meng Wanzhou’s lawyers claim that HSBC’s internal documents contradict U.S. claims that could result in extradition from Canada.

PEOPLE Wednesday, 30 June 2021 09:27

China Bond Bankers Flee HSBC

HSBC has reportedly lost four bankers in its debt capital markets team covering Chinese state-owned enterprises as the business faces pressure from the Huawei incident and stressed relations with the U.K.

FINANCE Tuesday, 29 June 2021 18:18

Singapore Leads Banking-as-a-Service Adoption

Almost half (47 percent) of all financial institutions in the republic have invested in banking-as-a-service in the last year, and 45 percent are looking to do so in the next 12 months, according to a new survey by Finastra.

FINANCE Tuesday, 29 June 2021 16:33

Singapore Investment Banking Fees Pick Up

BofA Securities leads Singapore’s investment banking fees so far this year with a total of $54.1 million, or a 15.2 percent wallet share of the total fee pool.

PEOPLE Tuesday, 29 June 2021 15:59

Amundi Adds ESG Specialist in Hong Kong

Paris-headquartered asset manager Amundi will further its ESG capabilities with the hire of an investment specialist in Hong Kong.

PEOPLE Tuesday, 29 June 2021 14:55

Nomura Investment Bankers Make Post-Bonus Exit

Nomura has reportedly lost 20 investment bankers in Asia following bonus payouts in May.

HIGH-END Tuesday, 29 June 2021 13:00

APAC Dominance of HNWI Market Comes to an End

North America has overtaken Asia-Pacific (APAC) to lead the total HNWI population and wealth growth in 2020.

FINANCE Tuesday, 29 June 2021 12:24

DBS on BTC: «Begin Life Afresh with Just the Clothes on Your Back»

Despite the downside, cryptocurrencies remain appealing for both their potential to generate outsized returns and, more uniquely, their unprecedented portability of wealth, according to DBS.

FINANCE Tuesday, 29 June 2021 11:32

Schroders Singapore and Lu International to Develop Digital Wealth Solutions

The two firms are establishing a partnership to address the fast-growing needs of retail investors in Southeast Asia.

FINANCE Tuesday, 29 June 2021 10:05

Ex-Mox Bank CTO Joins Crypto Exchange

The seasoned financial services leader joins Eqonex, a digital assets financial services company, as group chief technology officer.

FINANCE Tuesday, 29 June 2021 10:04

UBS CEO Talks Archegos, Dutch Probe, Job Cuts

The Swiss bank's new boss sat down with a print outlet for the first time, addressing a money-laundering scandal, job cuts in a strategy review, and consequences from $800 million in losses from Archegos.

FINANCE Tuesday, 29 June 2021 10:03

Credit Suisse's Web of Greensill Woes

The Swiss bank's $10.1 billion supply chain fund debacle spans several continents and has ensnared countless high-profile individuals. finews.asia maps the maze of financial and personal ties.

FINANCE Tuesday, 29 June 2021 09:54

Goldman, Blankfein, Cohn Ordered to Face 1MDB Lawsuit

A U.S. judge has ordered Goldman Sachs and two former executives to face a lawsuit over misleading shareholders about the bank’s work for Malaysian sovereign wealth fund 1MDB.

FINANCE Tuesday, 29 June 2021 09:14

MAS Launches Partnership to Attract Digital Currency Pitches

The Monetary Authority of Singapore, International Monetary Fund, the World Bank and more high-profile institutions have partnered to launch a global challenge to attract proposals for central bank digital currency solutions. 

PEOPLE Monday, 28 June 2021 21:27

Bank of Singapore Loses Market Head

Bank of Singapore has lost an industry veteran and market head for Greater China, sources told finews.asia.

FINANCE Monday, 28 June 2021 16:23

Chainalysis: Crypto Investments Skyrocket in India

Investments into cryptocurrencies have skyrocketed over the last year in India, despite continued regulatory pressure from the nation’s government and central bank.

FINANCE Monday, 28 June 2021 16:05

Citic Dispatches Team to Examine Huarong Assets

State-owned giant Citic has reportedly been tasked with examining the finances of troubled bad debt manager China Huarong Asset Management.

FINANCE Monday, 28 June 2021 11:17

Credit Suisse Considers Merger in Major Overhaul

Credit Suisse is reportedly reviewing plans for potential a merger with Swiss rival UBS as part of a broader overhaul of the group to address dissatisfied investors and prevent a foreign hostile takeover. 

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