The U.S. government said it seized 280 cryptocurrency accounts tied to the theft of millions in cryptocurrency involving North Korean hackers and Chinese money launderers.
The bank's asset management arm is partnering climate change advisory and ESG investment firm Pollination to launch a series of billion-dollar funds that will target «natural capital.»
The private banking and asset management group owned by the Princely House of Liechtenstein grew its operating income by 6 percent in the first half of 2020 to 900 million Swiss francs ($990 million).
Senior officials from the China Securities and Regulatory Commission recently said the country was «sincere» in its desire to resolve the specific issue of tightened accounting standards and potential delistings.
The investment bank has made several appointments to strengthen its equity research capabilities in Southeast Asia, it shared with finews.asia.
Interactions between private bankers and their clients will be changed forever, according to Cedric Lizin, Standard Chartered Private Bank’s ASEAN and South Asia head, in a conversation with finews.asia about post-pandemic engagement.
Exchange-traded fund giant Vanguard will close its Hong Kong office following a strategic review and place the regional focus on mainland China.
The firm is said to be exploring opportunities in Southeast Asia and other emerging markets, such as India and Latin America, to grow its fintech business.
This is the industry’s first SORA loan coupled with an interest rate swap, which provides certainty of interest rates.
Washington condemned alleged moves made by HSBC to block financial access to executives working at Next Digital – the media group owned by Jimmy Lai, who was recently arrested under the national security law.
The insurance arm of OCBC Bank is expanding into new customer segments in a partnership with Singtel that will offer a range of general insurance products spanning home, motor and travel, jointly developed by both companies.
The bourse is linking up with Cassini Systems, which provides pre- and post-trade margin and collateral analytics for derivatives markets, to help SGX market participants prepare to meet the Uncleared Margin Rules (UMR) requirements.
Around half of industry professionals believe that gender equality could be achieved in the investment management industry within a decade, according to a CFA survey.
The Singapore-registered company has admitted to doctoring photographs of its founders with former United States President Barack Obama.
J.P. Morgan is seeking full ownership of its Chinese mutual fund ventures, a stake that is now reportedly priced at around $1 billion.
The banker replaces Chew Show Zi, who will become president of Xiaomi's international operations.
Julius Baer’s Thailand joint venture with local financial giant Siam Commercial Bank will maintain its expansion drive after registering resilient growth amid a pandemic.
Swiss crypto-bank Seba has signed an agreement with a fintech based in Singapore. Together, the two companies will offer what they see as a more favorable service for migrant worker money transfers.
New debt has been diverted to social bonds aimed at addressing public health and economic inequalities due to the coronavirus pandemic, according to S&P Global Market Intelligence.
China’s «big four» banks are bolstering mainland employment by increasing hiring targets for fresh grads and kicking off recruitment early.
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