The loans will help two of the bank’s clients in Singapore’s food supply chain build on their sustainability initiatives and strengthen their supply chain resilience.
The exchange plans to list and trade tokens backed by green infrastructure, real estate, equity, art, bitcoin and ethereum, by the second half of this year.
The family's Swiss wealth manager wants to put an end to speculation it is for sale. It is also making a series of C-suite changes amid a bid to double its client assets – and wouldn't mind winning some clients off Credit Suisse.
As the Italian dealmaker heads into court with Santander over a botched job offer, he is reportedly seeking far less than he originally was – because he has landed another CEO job.
Saxo Markets customers in Singapore will be able to trade in major cryptocurrencies as FX spot pairs.
The Swiss bank's talent is flocking to competitors in the wake of major losses from its Archegos dealings.
The bank has launched a digital wallet for businesses in Singapore, which enables them to send, receive and hold cash in multiple currencies.
The engagement banking platform provider has appointed a digitalization specialist to support banks and financial institutions in the region with their digital transformation efforts.
Indonesia headquartered on-demand multi-service platform and digital payment technology group Gojek and e-commerce platform Tokopedia have completed Indonesia's largest-ever deal to create GoTo, Southeast Asia's largest privately held technology firm.
Following consecutive quarters of recovery, the latest setback means that Singapore's full-year target of 6 percent GDP growth is unlikely.
Neobanks have an uphill battle ahead of them, DBS’ Ajay Mathur told finews.asia, highlighting incumbent lenders’ presence in both the physical and the digital – the «phygital» – as a critical advantage.
The Singapore-based Citi veteran will oversee the bank's global market managers in South Asia and will have direct responsibility for the Singapore and Malaysia markets.
J.P. Morgan hires an ex-private banker from Credit Suisse to cover Chinese clients out of Singapore.
UBS has been quietly running a tokenization trial with weighty institutional investors, finews.asia has learned.
Goldman Sachs is reportedly on an unprecedented hiring spree in mainland China and Hong Kong as the American lender seeks further expansion in the region.
A Taiwanese government agency commented on the decision by Hong Kong authorities to freeze media tycoon Jimmy Lai’s assets, adding that the move threatened international businesses in the city.
Insurance group AXA is the latest victim of cyberattacks after hackers claimed to have seized three terabytes worth of sensitive data in Asia.
Swiss lawmakers are about to debate Credit Suisse’s troubles, adding to Chairman António Horta-Osório's list of woes.
In India, the deadly coronavirus pandemic continues to take its tragic toll, including in the banking sector which has been deemed an essential service.
While family offices are well-established in North America and Europe, the growth of family offices in Asia is recent and coincides with the economic rise of Asia.
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