Global asset manager Schroders has named a new Singapore chief executive and Asia Pacific head of distribution.
Covid-19 has been a key motivator for high net worth clients to embrace high-capacity plans in their insurance planning, Charles Monat's Martin Wong said.
The bank's incoming chief lawyer is no stranger to high-stakes cases.
The bank's digitization plans will cost thousands of jobs in the coming months. UBS CEO Ralph Hamers is set to reactivate a series of cuts it had paused when Covid-19 broke out.
Beijing is reportedly investigating how Chinese entrepreneur Jack Ma quickly won approvals for the later pulled listing of Ant Group, in yet another sign that scrutiny of the fintech giant and its founder remains incomplete.
Credit Suisse has elevated an investment strategist in Hong Kong to oversee the bank’s house view and strategies for Greater China, finews.asia has learned.
Nomura has made moves to its top executives after the Archegos collapse resulted in the largest quarterly loss since the 2008 global financial crisis.
A former McKinsey senior partner will serve as co-head for the Asia Pacific region alongside managing director Adam Watson and report to CEO Arjun Raghavan.
Bank of America has reportedly hired a former J.P. Morgan veteran to lead dealmaking for its Hong Kong business.
A new partnership between MAS and the private sector intends to boost Singapore’s value proposition as a leading full-service asset management and fund domiciliation hub.
Japan's largest brokerage and investment bank recorded its biggest quarterly net loss since the 2008 global financial crisis.
Fitch becomes the first of the big three global credit rating agencies to downgrade the troubled Huarong after the state-owned distressed asset manager missed the deadline to release its 2020 results.
A nearly 90 percent drop in expected credit losses helped bolster HSBC profits in the first quarter of 2021.
The Swiss bank is lifting its technology boss to top management, while replacing its long-standing legal chief.
The Swiss bank's profit rose, but it took a hit from Archegos' unwinding.
According to the central bank and regulator, digital transactions are not seamless and the full efficiency benefits of digitalization are not being realized, and the digital economy is not as inclusive as it should be.
The Swiss bank's liquidation of more than $10 billion in troubled supply chain funds is advancing – with some losses already emerging.
China continues to widen the central bank digital currency gap with its major peers, as mainland platforms and users further adoption across salary payments, online purchases and more.
The company has raised $25 million in a Series D funding round led by Sequoia Capital India, with participation from existing backers Eight Roads, Fidelity International's VC arm, and Square Peg.
Hong Kongers seeking emigration to the U.K. via their British National (Overseas) visas are set to generate tens of billions of dollars from home sales in the world’s most expensive real estate market.
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