J.P. Morgan publicly unveiled new blockchain initiatives that have gone live on its Liink interbank information network – a piece of intellectual property the bank has made open source.
The bank's earnings fell on declining revenue and higher allowance amid the global pandemic, while the reopening of economies following lockdowns helped improve its quarterly operating profits.
Gold equities are leveraged to the gold price and typically outperform the physical metal in a rising gold market, while underperforming in a falling gold market, giving investors useful options at the portfolio level.
The much anticipated listing of fintech giant Ant will now be suspended after a meeting with regulators.
She brings a wealth of financial services and consulting experience to the company, including 12 years at State Street, where she held numerous leadership roles in the U.S., China and Hong Kong.
Based out of the company’s Singapore headquarters, the senior banking executive will focus on paving the path for the next phase of the startup’s growth.
Flows from China’s central bank digital currency nearly doubled since an announcement made last month, reaching nearly $300 million.
Global high net worth families have concerns about delegating the management of their businesses and investments, as well as the next generation’s ability and commitment to manage the family assets, according to a new report by Barclays Private Bank.
HKMA chief executive Eddie Yue shared a raft of ongoing initiatives the city was undergoing to prepare its financial sector for the future, during the opening keynote of this year's Hong Kong FinTech Week.
Blockchain finance is still experimenting like crazy, but a bridge between traditional finance and start-ups is less than two years away, fintech expert Efi Pylarinou told finews.asia.
How companies from a Chinese city that practically did not exist 40 years ago are a bellwether of the growing and fractious technological divide with Europe and the U.S.
The Japanese general insurer has entered a three-year partnership with Conservation International Asia-Pacific (CIAP) as part of its efforts to drive its sustainability efforts in the region
The two asset managers will collaborate on product innovation and investment research, and will launch a new fund focusing on Belt and Road opportunities.
J.P. Morgan takes one step closer to full ownership of its securities business in mainland China, just days ahead of the U.S. elections.
Credit Suisse continues to manage the aftereffects of Philippines market veteran Christian Senn’s return to Switzerland with the latest appointment, finews.asia has learned.
UBS' new CEO Ralph Hamers began his new job with much the same informal tone as he ran Dutch lender ING for seven years.
One of Ralph Hamers' first tasks as chief executive of UBS was to sign an agreement the bank had reached with Qatar.
After 15 years in Singapore, Christian Senn, market group head for the Philippines and South Asia at Credit Suisse, has decided to return to Switzerland to explore opportunities within the bank. His successor comes from within the firm.
Non-performing loans reached record levels amongst China’s largest banks, as the the pandemic continue continues to pressure mainland balance sheets.
Citi in Hong Kong nets an operations heavyweight from HSBC to oversee the Hong Kong and Macau units.
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