Nex's green building rating was recently upgraded to BCA Green Mark Gold Plus, following improvements to its recycling program, chiller system, green procurement policy, and water management system.
This move is in line with the change in the securities services landscape in Thailand, which has relaxed outsourcing rules to boost the efficiency of local fund managers’ operations.
In her new role, she will help the bank drive sustainability efforts, create social impact, and democratise banking services with digital innovation.
The London-headquartered online money transfer service plans to expand its product globally over the next few years to lower the cost of international transactions.
The Swiss bank’s Greensill troubles highlight decades-long ups and downs with investment banking. New chairman António Horta-Osório’s most pressing task is a strategy review.
To say the industry has been through some seismic changes over the past decade is an understatement, to put it mildly. From ever-increasing defaults and regulatory changes to clearing and collateral, not to mention the continued use of technology and automation.
Smartphone giant Xiaomi has been awarded a temporary block for its ban over links with the Chinese military, citing the original move as «arbitrary and capricious».
Startup investment bank Barrenjoey continues to lure talent from UBS’ Australia unit with around ten executives leaving the Swiss bank in the latest wave of moves.
Vaduz-headquartered LGT posted an uptick in revenues and net new assets growth despite a challenging environment that includes low interest rates and a pandemic.
China's central bank has come out to warn about Beijing’s climate change ambitions to transition to carbon neutrality, underlining systemic financial risks from exiting carbon-intensive industries.
Luxury as an investment theme is poised to benefit from strong economic recovery led by Asian economies in the post-COVID-19 world. Against this background, HSBC has rolled out a new structured product linked to a customized index.
Banks looking to capitalize on wealth management opportunities from the Greater Bay Area will have to wait until travel bans are lifted, according to the Hong Kong Monetary Authority.
After being rejected in the U.K., Huawei lawyers seek to make a similar push to pressure HSBC to unveil documents they claim will disprove accusations of fraud against chief financial officer Meng Wanzhou.
Ant Group’s chief executive will step down from the top role after several turbulent months for the Chinese fintech giant.
Top HSBC executives had to defend bonus cuts for employees from the global banking and markets unit – the only division to post a revenue increase at the bank last year.
The Swiss National Bank is convinced of blockchain technology. However, central banker Thomas Moser says there no proof yet that digital currencies are better than fiat money, as he explains in an interview with finews.com.
Swiss private bank Julius Baer is reportedly deliberating over whether to pick up the wealthy clients of an embattled Irish stockbroker.
Despite being convicted in the U.S. seven years ago, Credit Suisse allegedly did not keep its side of the bargain. Instead, it continued to look after at least one tax evader. Now former CS employees are seeking a new trial against the major Swiss bank.
Private banks are unable to create new value for their clients, but still generating good enough profit, Vega Ibanez writes in an essay on finews.first. But dreams don't last forever.
The internal guidelines come amid increased scrutiny by Chinese regulators of the country's financial technology sector.
Page 364 of 1007
