In the latest move to tighten China’s fintech industry, an ex-finance minister suggested a cap on the number of bank partnerships allowed.
In an effort to manage the growth of non-perfuming mainland loans, Beijing has approved a new bad debt manager – the first in more than two decades.
Chinese state-backed financiers, Hong Kong tycoons, Japanese tech giants and more are jumping on the bandwagon to form «blank check» vehicles as the craze of special purpose acquisition companies reaches Asia.
Ray Dalio – a renowned hedge fund manager and a major player in Singapore’s financial sector – confirmed the tragic loss of his son from a car accident in the U.S.
The last-minute halt of the Ant Group IPO doesn't mean that China wants to divert from the chosen path of opening its financial market. It simply means that the government will look more closely into the business of internet giants. For UBS, the signs for its...
Central banks injected unprecedented levels of liquidity into the banking system and bond market amid pandemic-related shutdowns of large segments of the global economy.
Held round-the-clock from December 7 to 11, this year's event drew 60,000 participants from over 160 countries, with 3.5 million views during the week.
Following an investigation regarding internal pressure to adjust scores for four countries including China, the World Bank released a review and corrected two recent reports.
Asset management is a size game – one that UBS would like to play, but for one small problem.
Following its acquisition by Singapore Exchange (SGX) earlier this year, London-headquartered BidFX has been growing its reach in the region and investing in R&D to strengthen its capabilities and security.
The two sides will collaborate to enable a «Buy-Now-Pay-Later» solution for merchants in Southeast Asia.
About HK$397.3 billion ($51.2 billion) was raised in 2020 from initial public offering and secondary listings on the Hong Kong exchange with almost all new stock issued by mainland firms.
Some 20 percent of Japan's 60 trillion yen carpet bond market could eventually go green, according to BNP Paribas' chief credit analyst for the country.
Banks, asset managers, insurers and pension trustees will be required to make climate-related financial disclosures no later than 2025, according to a new sustainability initiative jointly launched by Hong Kong’s top regulators.
Switzerland's prosecutor indicted Credit Suisse for laundering money from trafficking cocaine by a Bulgarian organized crime network. The Swiss bank rejected the accusations against both it as well as one of its former bankers.
The liquidity arrangement aims to support more stable USD funding conditions in Singapore, and facilitate USD lending to businesses in Singapore and the region.
The private banking and management consulting veteran will help support the growth of RBC Wealth Management's China market business.
Amid an accelerated financial pivot towards sustainability, the majority of corporate reputation managers in Asia believe there is an excessive promotion of related achievements compared to tangible deliverables, according to a recent survey.
The pandemic has resulted in a growth in demand for outsourced chief investment officer or delegated solutions, particularly in Asia, according to Mercer's Wealth Business Leader in Asia.
Bitcoin is making serious waves at the end of 2020, reaching all-time high levels in the same week that DBS went live with its crypto exchange and Hong Kong cleared the first-ever licensed digital asset service provider.
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