The «Citi Plus» digital wealth platform was officially rolled out on Monday in Hong Kong, following a pilot launch in December 2020.
The Tokyo Stock Exchange has found its successor at the top from another bourse, following the worst outage ever experienced in October last year.
HSBC has named a new Singapore chief executive to succeed Tony Cripps who is set to leave and join Saudi British Bank.
Hong Kong Exchanges and Clearing was reportedly pressured to make the announcement of its new chief due to a media leak rather than intentions to break protocol and pressure the securities regulator.
London-based payments firm Transferwise expands its Asia presence with a new Singapore office and major hiring plans.
Global law firm Davis Polk adds a new partner to its Beijing office with a focus on equity capital markets.
Citigroup is exploring the possibility of downsizing its consumer business worldwide with an eye on selling some of its businesses in the Asia Pacific region.
HSBC is primed to publicly introduce its strategic shift in the upcoming 2020 earnings presentation which could include the announced relocation of top executives.
A U.K. court has refused Huawei’s application to force HSBC to release internal documents in a bid to strengthen its case against the extradition of Meng Wanzhou to the U.S.
Swiss bank UBS secured a coterie of Europe's political and legal elite for its side, as it heads into the appeal of a high-stakes criminal verdict in France.
Investors are skeptical that Credit Suisse is entirely free of an 11-year entanglement with U.S. officials over its conduct in the run-up to the financial crisis. The Swiss bank is signaling they are right to be suspicious.
A long deflationary trend cannot be reversed within one day. The deflationary forces of technology, demographics and over-indebtedness continue to operate. But in view of the strong public pressure, it will be difficult for governments to turn things around...
VP Bank parted ways with its chief financial officer in 2020 following a massive write-down – today it announced the appointment of a successor. The new CFO was formerly in the pay of Credit Suisse and UBS.
The bank has signed a strategic partnership agreement with Singapore Business Federation to connect Singapore businesses to opportunities across Asean, especially in Indonesia, Thailand and Vietnam.
Conduit Asset Management and Vantage Point Asset Management Singapore will tap on each other'sindustry knowledge and expertise to grow their businesses.
Singapore Exchange will look to scale up its operations by maintaining focus on mergers and acquisitions.
Geneva-based banking software company Temenos is fully committed to the «software-as-a-Service» business model and is now setting its sights on new big goals for the company's success.
Although credit loss provisions set Credit Suisse's APAC business behind in 2020, it still posted record figures in the fourth quarter and chief executive Thomas Gottenstein has been tasked with even more ambitious growth targets for the region.
GAM's annual net loss deepened, its client assets fell, and it pushed back financial targets. The Swiss asset manager's flagship investment arm stanched withdrawals to post the first inflows in three years.
Swiss private bank EFG International nabbed a key private banker from Deutsche Bank for its top management.
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