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Thursday, 30 April 2026
Thursday, 30 April 2026

FINANCE Tuesday, 29 December 2020 23:20

Your Top 2020 Story Picks

The pandemic raised new questions and fresh challenges for the banking industry – and fueled readers' thirst for information. A scandal and several big names dominated this year's headlines.

FINANCE Tuesday, 29 December 2020 17:44

BRI Partners Alipay in Indonesia

The two sides will work to further accelerate the adoption of QR payment in Indonesia, according to a joint announcement.

FINANCE Tuesday, 29 December 2020 15:15

Ant Plans Holding Company in Overhaul of Business

The holding company would include wealth management services, consumer lending, insurance, payments and MYbank, an online lender in which Ant is the largest shareholder.

FINANCE Tuesday, 29 December 2020 12:31

Microsoft's Connie Leung: «I Expect to See a Super-App Emerge»

A «culture of innovation» is essential to enable the resilience, recovery, and digitalization that organizations need today and for the future, said Microsoft's business lead for financial services in Asia.

FINANCE Tuesday, 29 December 2020 11:57

HKEX CEO Search Unveils Top Candidates List

The search for the chief of Hong Kong Exchanges and Clearing continues underway, with more reported details of its recruitment criteria which include a strong preference for the bourse to defer to Beijing as well as other mainland bourses.

FINANCE Tuesday, 29 December 2020 11:11

Goldman Sachs Asset Management Chairman to Retire

She will step down from the partnership and become an advisory director to the $1.8 trillion division.

FINANCE Tuesday, 29 December 2020 10:38

SBI Defends Ripple

Japanese brokerage giant SBI has come out to defend XRP after the U.S. Securities and Exchange Commission charged the cryptocurrency’s founding firm Ripple for conducting unregistered securities offerings.

FINANCE Monday, 28 December 2020 21:24

Investing During Corona: Dramatic Differences

How did investors deal with risk during the corona crisis? A recent study uncovers some surprising answers to this question, LGT's Eline Hauser writes.

PEOPLE Monday, 28 December 2020 17:09

Agricultural Bank of China Names New Chairman

One ‘big four’ state-owned lender exchanges executives with another, with the ex-ICBC president joining the Agricultural Bank of China.

PEOPLE Monday, 28 December 2020 12:32

Ex-Chavez Nurse Freed Pending Bribery Charges

Hugo Chavez's former nurse will face money laundering charges in the U.S. — but is free in Madrid for now. She is accused of siphoning millions from Venezuela and hiding it in a Liechtenstein gold vault.

FINANCE Monday, 28 December 2020 12:27

Goldman Sachs Proffers Affluent Wealth App

The U.S. investment bank plans to expand its wealth offering to affluent clients. The move represents a further departure from its Wall Street roots.

FINANCE Monday, 28 December 2020 12:22

China Green Lights Daiwa-Backed Joint Venture

A mainland China joint venture backed by Japanese securities giant Daiwa has obtained a license and will launch soon, marking the seventh foreign financier allowed to take a majority stake.

FINANCE Monday, 28 December 2020 11:58

China Fintech Pioneer Advised Against Leaving Country

China’s richest tech tycoon Jack Ma has been reportedly advised by the mainland government against leaving the country, in the midst of a major overhaul of Ant Group.

FINANCE Monday, 28 December 2020 10:27

Banks Create Greater Bay Area Jobs for Hong Kong Talent

In an effort to lure young talent from Hong Kong to the mainland, several banks have created recruitment initiatives in their Greater Bay Area businesses. 

FINANCE Monday, 28 December 2020 09:32

PBoC Calls for Payment Focus in Ant Overhaul

As fintech firms elsewhere make expansive forays into various facets of financial services, China’s Ant Group has been ordered by regulators to reverse course and focus on just payments services.

PEOPLE Friday, 25 December 2020 16:46

Francisco Fernandez: «I Need to Digest What Happened»

Avaloq co-founder Francisco Fernandez tells finews.asia about his bitterest defeats and sweetest triumphs in the last 35 years – and why he cleaned toilets in the factory his mother worked in as a teenager.

HIGH-END Friday, 25 December 2020 16:44

Wishing You a Peaceful Holiday Season

The newsrooms of finews.asia, finews.com, and finews.ch thank you for your interest, loyal support, and trust in a tumultuous year. We wish you and yours a peaceful holiday season. 

FINANCE Thursday, 24 December 2020 18:16

Hong Kong’s Virtual Bank Assets Top $1 Billion

The city’s newly licensed banks are making gradual progress with deposits totaling more than $1 billion and expanded offerings just around the corner. 

FINANCE Thursday, 24 December 2020 12:57

Reto Jauch: «Transforma­tion: Fad or Necessity?»

How are company boards coping as the drivers of transformation – digitization, ESG, and changing client needs – force major adjustments? The pandemic is upping the pressure on these bodies, Reto Jauch writes in an essay for finews.first.

FINANCE Thursday, 24 December 2020 12:55

Kristal.AI's Swapnil Mishra: «Private Banks Lack a Cost-Effective Model»

Changes in the private banking industry over the past decade, particularly in terms of regulatory requirements, have taken business away from these players, while increasing the cost of business, Kristal.AI's head of private wealth told finews.asia.

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