Singapore’s deputy prime minister Heng Swee Keat called for continued cooperation between U.S. and China and urged ASEAN countries to stand as one to overcome economic and political challenges.
Credit Suisse could have avoided the Greensill scandal by consistently applying risk management across its main units. The responsibility lies with top management and Lara Warner.
Less than a week after shutting down over the recent wave of infections, HSBC reopens its Hong Kong headquarters for business.
Credit Suisse will look to further accelerate its expansion plans in mainland China with plans to triple its headcount in the market over the next three years.
The past year has been historically painful in many dimensions. But this crisis should not be wasted, Beat Wittmann writes in an essay on finews.first and offers his view on post-pandemic prospects.
In 2020, we saw the official launch of our triReduce Benchmark Conversion functionality that facilitates the proactive reduction of exposure to legacy benchmarks. Much has been written about the future of interest rate benchmarks, but all we can say for certain...
The opportunity is ripe for the digital-only bank in the country, which has a population of over 100 million – 70 percent of whom is currently unbanked – spread across a vast territory of 7,600 islands.
Singapore-based Lumen Capital Investors is on a hiring spree to further strengthen its team and platform as the foundation for the next growth phase, finews.asia has learned.
The buyer of the $69.3 million Beeple non-fungible token, sold by auction house Christie's last week, has revealed his identity.
Julius Baer expands its onshore wealth management business in India with multiple hires, including a former IIFL executive and his team of private bankers.
A draft letter representing financial and corporate interests is reportedly being circulated within industry groups to garner support and voice out demands for the Hong Kong government’s approach to the pandemic.
The company has made four new four strategic hires for global equities: three to its Asian/emerging markets equities and a further hire to the sustainability equities franchise in London.
BNY Mellon will further its inroads into the digital asset market with its latest investment into crypto storage firm Fireblocks.
He was most recently Uber's chief business officer, responsible for the company's regional growth strategy, launch in new markets, and navigation of regulatory challenges in APAC.
London-headquartered open banking platform Railsbank will further its APAC expansion with the launch of its Australia business.
The Swiss bank's retrieval of Ulrich Koerner out of retirement feels like an act of desperation as it deals with a $10.1 billion fund debacle.
The Singapore FinTech Association (SFA) and Remittance Association (Singapore) have signed an agreement to strengthen the money remittance segment.
Pandemic restrictions amid Covid-19 helped certain segments to achieve underwriting profits in 2020, but this may not be sustainable as the economy returns to normal.
Credit Suisse paid CEO Thomas Gottstein more than $9 million in his first year on the job. It marks a surprising return to single-digit millions for top Swiss bank CEOs.
Strong client demand has led Morgan Stanley to become the latest global bank to introduce cryptocurrencies to its offering.
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