Standard Chartered is reportedly planning to permanently offer flexible work options to around 90 percent of its 85,000-strong staff by 2023.
The bank has a new prize for young artists in Southeast Asia working in digital media.
Asia’s two marquee global financial hubs have hit a fork in the road of crypto assets and they appear to be heading in different directions.
The bank, which is owed some $600 million by embattled oil trading firm Hin Leong, is the firm's largest creditor and first to take legal action to recover losses.
Despite a halted dual listing, Ant Group will continue to play an important financial role in Hong Kong, according to officials from the city’s central bank.
She brings significant breadth of experience in the consumer insurance business in addition to the small, mid-market commercial segment.
The extension will support monetary and financial stability in both countries amid the COVID-19 pandemic, MAS said.
While the bank's net interest income was impacted by lower market rates, its banking and wealth management businesses saw strong quarter-on-quarter fee-based growth, and its insurance franchise reported strong sales and new business growth.
HSBC group chief executive Noel Quinn took a dig at rival virtual banking strategies, noting that he took careful contemplation before deciding that there was no need to deliver its digital capabilities under a separate brand.
Bank Vontobel had a substantial increase in new money in the first nine months, giving CEO Zeno Staub confidence that his bank will continue to profit from an increase in investments going forward.
The bank has hired a new regional head to replace its outgoing regional head, Private Banking West.
Following the sudden postponement of Ant’s initial public offering, local authorities, asset managers and retail investors in Hong Kong are scrambling to deal with the excess liquidity at hand as well as unfilled share allotments.
The bank will issue an interim one-tier tax-exempt dividend of 18 cents per share, for which the scrimp dividend scheme will be applicable, for the third quarter of 2020
UBS' new CEO is dropping anchor in a canton neighboring that of the Swiss bank's headquarters – and known for its friendly tax policies for bankers and other top earners.
Singapore's central bank and financial regulator detailed its actions against financial institutions (FIs) and individuals for market abuse, financial misconduct, and control breaches related to money laundering.
The Hong Kong government is seeking to ban retail investors from cryptocurrency trading and implement a licensing regime for exchange operators alongside parallel tailwinds in mainstream banking.
The Swiss private bank is signaling its willingness to return to the deal hunt under CEO Philipp Rickenbacher. Switzerland's regulator had put the kibosh on major acquisitions as part of a sanction for money laundering.
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.
Reports of the death of Swiss private banking are greatly exaggerated: the alpine nation is the beneficiary of a flight to safety from structurally weak nations. A new reputational risk?
He will be responsible for driving the company's commercial strategy and enabling legacy technology replacement and data migration projects.
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