Beijing authorities continue to rein in on risk with another regulator making the latest move calling out credit rating agencies for poor practice that has resulted mostly in the favor of issuers.
The Japanese government could build a fund as large as two trillion yen in an effort to promote investments in environmentally friendly areas, especially with regards to renewable energy.
The research project is valued at more than S$340,000 ($255,330), inclusive of a PayPal financial grant of S$140,000.
UBS is reportedly preparing to retire one of its oldest top executives. The move paves the way for the Swiss bank's highest-ranking female banker to take on a key business unit.
The Swiss National Bank has successfully completed a proof-of-concept study for the use of central bank digital currency in connection with the financial market infrastructure. Now, the project will move into its second phase.
Top central banking officials in China are warning about growing risks in the financial system and increasingly signaling to local lenders that the next chapter of monetary policy will involve more self-reliance.
Singapore firms are doubling down on their Asian connectivity and prioritizing resilience within their supply chains, an HSBC survey revealed.
The firm has made a total of ¥173 billion (€1.4 billion) in data center, logistics and residential acquisitions across six transactions in Japan so far this year.
China’s central bank warned local governments and financial institutions against relying on it to fund spending or bailouts in an article that touted monetary policy independence.
The Singapore FX trading hub will be Macquarie’s third globally, following the establishment of infrastructure in London and New York.
Banks in the region have made progress in integrating environmental and social (ESG) considerations into their financing activities, but still have large gaps that leave their portfolios vulnerable to risks arising from climate change and nature loss, WWF said.
Chinese fintech giant Ant Group is reportedly considering a sale of its 30 percent stake in Indian digital payment firm Paytm, amid growing tensions between the two countries.
Citi will look to realize the promises of financial inclusion with its new digital-only proposition in Hong Kong which can be accessed with as little as HK$1.
Gary Cohn is the last of five former Goldman Sachs executives asked to return compensation over the 1MDB scandal and is reportedly in talks with the American banking giant.
The Swiss crypto bank that is also present in Singapore, is grappling with start-up woes: it will ditch its co-CEO model amid wider management changes. Meanwhile, its push into tokenization is overshadowed by bumpiness in key projects.
F10, supported by Swiss stock exchange operator SIX as well as Julius Baer and R3, will work with PwC Singapore to develop an accreditation program for fintechs that join its incubator and acceleration program.
Naming a replacement for Urs Rohner at Credit Suisse is an increasingly drawn-out procedure. The search for a chairman suggests that not everything has gone according to plan.
David Solo has pulled it off again, selling a quantitative asset manager he co-founded between stints at UBS to industry giant Blackstone.
Once considered the least likely segment to digitalize, technological prowess for private banking with ultra-high net worth individuals is now not even a matter of discussion, according to Lombard Odier’s Asia CEO Vincent Magnenat.
The bank's diSCover Lab will offer learning solutions catered to the entire spectrum of a career cycle – from interns to work-study trainees, fresh graduates, mid-careerists, and «silver» employees.
Page 399 of 1007
