Speculation about a merger of UBS and Credit Suisse is returning time and again, despite the convincing arguments that show such a move to be to the detriment of employees, shareholders and clients.
More than half, or 55 percent, of Singaporean wealthy investors, said they are concerned with wealth creation, compared to almost 70 percent in favor of wealth preservation in Hong Kong.
Singapore’s first research institute dedicated to green finance research and talent development was launched on Monday by Imperial College Business School and the Lee Kong Chian School of Business at Singapore Management University (SMU).
On the eve of the 90-day deadline for the Trump administration to submit to Congress a list of those «undermining Hong Kong’s autonomy», there are growing signals that China’s market-opening may not be a smooth ride.
The Swiss reinsurance giant has founded a joint venture with Germany's luxury carmaker. The digital startup aims to revolutionize the business with mobility insurance.
He succeeds interim CEO Yip Kim Chee, who took over former CEO Sue Chi Kong in July 2020. Sue is retired after 14 years with Etiqa and 38 years in the financial services and insurance industry.
The pursuit of supposed former billionaire Anil Ambani’s asset by Chinese banks could face obstacles as an Indian court has requested a moratorium over the recovery of more than $700 million.
Standard Chartered is reportedly applying for a brokerage license in China, joining its peers in the wave of foreign entry into the mainland market.
The Bank of Japan looks to make another advance in the central banking race to launch a digital sovereign currency with testing planned for 2021.
HSBC will look to achieve net zero emissions across its client base before 2050 – an ambitious target for the Asia-focused lender – alongside $750 billion to $1 trillion in green financing to support the transition.
The path to an initial public offering for Alibaba’s fintech arm, Ant, has faced a series of hiccups including the latest U.S. signals that Washington could be primed to delay its listing.
The head of compliance at Liechtenstein's LGT is leaving, finews.asia can reveal. His sudden departure comes shortly after his previous bank was sanctioned for its dealing in Venezuelan corruption.
More than half of investment banking roles in Hong Kong are no longer held by Hong Kongers with mainland Chinese workers reportedly dominating the sector’s job market.
China continues to lead the race to launch a digital sovereign currency with its latest public test which involves giving away nearly $1.5 million of electronic yuan.
The energy market as well as political have changed strongly in recent years. In many countries around the world, the cards on the energy mix are being reshuffled. Lars Jaeger writes in an essay for finews.first.
Former Singapore Prime Minister Goh Chok Tong's son quietly left the crypto bank's board. The move comes as he faces scrutiny over alleged dealings at a now-insolvent Singapore marine fuel and cargo trader.
The bank plans to use its scale and global reach to seek to accelerate the transition to net zero by 2050 or sooner, saying achieving the Paris Agreement goals will require extra effort at a faster pace.
Nearly three-quarters of Hong Kongers refuse to compromise beliefs for higher returns, according to new research commissioned by Schroders – a distinct deviation away from its traditionally pragmatic investor culture.
Former Singapore Prime Minister Goh Chok Tong's son is being sued for breaching director's duties during his time as director of Singapore marine fuel and cargo trader Inter-Pacific Petroleum (IPP).
BNP Paribas Asset Management hired a trio from Lombard Odier, including a new Hong Kong-based head of Asian equities.
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