The ability of its Singapore entities to continue providing payment services here has been affected, following its parent company's insolvency filing in Germany.
The idea of a full-blown merger between Swiss giants UBS and Credit Suisse is being taken coolly. Banking professor Teodoro Cocca lists several reasons why the topic is a hot one, in a finews.com column.
Mirabaud is imbibing French joie de vivre into its portfolio: it is investing in star chef Alain Ducasse's empire.
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The pandemic has brought about a sea change among asset owners, managers and servicers, who are seeking fresh ideas and approaches, said the regional head of Australian investment tech provider Milestone Group.
CLSA has reportedly lost over 10 percent of its workforce this year as its state-owned parent Citic Securities tightens controls and executive pay.
Huawei CFO Meng Wangzhou’s lawyers told courts that «HSBC knew what it was getting into» in an effort to prove that the bank was not misled about business dealings with Iran and prevent extradition to the U.S.
The new platform aims to transform the digital banking experience for corporate clients and manage their banking needs in a simpler, smarter and more personalized manner.
The cross-border payments specialist is integrating e-wallet leaders Doku and Ovo into its global portfolio.
The former finance minister of China, Lou Jiwei, stressed that the world could face a crisis worse than 2008 that could lead to a «negative-sum game» where «the only winning player is the one who loses less».
The platform is the company's fourth global currency pricing, following others in London, Tokyo and New York.
Hong Kong Exchange and Clearing chief executive Charles Li Xiaojia will step down 10 months earlier than planned, in the midst of an ongoing search for his successor.
The platform arose from an MOU signed in June 2020 under the Singapore-China (Shenzhen) Smart City Initiative, which aims to improve access to market opportunities in the Greater Bay Area and Southeast Asia via digital connectivity.
The bank is opening its largest wealth advisory hub dedicated to Citigold and Citigold Private Client customers in Singapore in December 2020.
For the first time ever, investor initiative PRI is removing five investors for failing to meet minimum sustainable requirements.
The long-running Vatican scandal has cost a cardinal his privileges. He is linked to ill-fated real estate investments through Credit Suisse.
BigPay will roll out its mobile money app and prepaid Visa card to users in Singapore in the next few weeks.
An urban exodus, perplexed bankers, political vagaries and ruthless competition are taking their toll on financial centers. The pandemic is an accelerator of an epic, irrevocable structural shift.
A former chief financial officer of Singapore fashion startup Zilingo has reportedly resigned to join Citigroup and co-head its Asia Pacific technology investment banking unit.
The Jersey-based international corporate, private client and funds service provider has made three senior appointments to its global team across, following a period of significant growth.
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