The board is recommending an interim dividend of 18 cents per share, to which the scrip dividend scheme will be applied.
Global banks in India have been forced to take drastic action to secure healthcare supplies and protect employees as the second coronavirus wave sparks an unprecedented infection rate.
Single-family office clients across Asia will be able to tap on HSBC’s team of investment banking specialists and institutional execution services.
In a world-first, the two countries have established a link between Singapore’s PayNow and Thailand’s equivalent PromptPay.
LGT is in the process of adding around two dozen former staff from Credit Suisse in an effort to strengthen its private banking business in Japan.
Credit impairments fell sharply at Standard Chartered, enabling the growth market-focused lender to beat analyst estimates and deliver profitability in the first quarter.
Funds provided by state-owned giant Industrial & Commercial Bank of China helped Huarong make its latest offshore bond payment as the troubled bad debt manager continues to face restructuring risks.
The Swiss wealth manager hiked its assets as well as revenues, amid a handover in the majority-owning Latsis family.
While gold investment demand fell in the first quarter, this was mitigated by the strength of retail purchases of bars and coins, as well as gold jewelry.
The COVID-19 pandemic has deeply impacted the insurance sector and many companies are divesting parts of their business. Highly specialized firms have identified a market gap, making a lucrative business out of legacy insurance portfolios that investors can also...
Chairman Urs Rohner is leaving amid massive criticism of his oversight of the Swiss bank. Major shareholders share blame in looking on for far too long.
The Swiss bank is grappling with the fallout from twin risk disasters. Meanwhile, its legal troubles are also piling up elsewhere.
The boom in private debt investing isn't without its perils, as Greensill illustrates. Hedge fund manager Patrick Ghali on where investors can find more robust, less risky investments instead.
The outflow of people and capital is seeing signs of early momentum as the U.K. follows through on its commitment to open doors for potential citizenship to nearly 3 million Hong Kongers. finews.asia reviews the latest developments.
The firm has hired for a newly created role responsible for institutional client coverage across the Greater China region.
Standard Chartered bank is reportedly considering slashing office space in the Singapore business district, where it occupies 21 floors at Marina Bay Financial Centre Tower 1.
Worker’s in Hong Kong’s financial sector significantly outperformed the broader market in bonuses for 2020, according to a recent survey, despite an economically challenging pandemic.
The German bank pulled off what Swiss rivals failed to: avoid major losses from the collapse of the family office-hedge fund.
Global alternatives manager Blackstone expands its environmental, social and governance team with the addition of new members.
The trio are developing an open industry platform that aims to reimagine and accelerate value movements for payments, trade and foreign exchange settlement.
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