The new head of Knight Frank's associate network will lead its business and spearhead training activities, leadership development and explore avenues to expand its breadth of transactional capabilities.
AMTD Group’s digital finance subsidiary names its new chief information and operating officer, formerly with Standard Chartered Bank.
UBS and Credit Suisse remain big players in the business with oil – both directly and indirectly, says a new report by a non-government organization.
The co-branded solution to address investor needs during times of stress and uncertainty, and has a built-in a dollar-cost averaging feature.
Hong Kong’s police credit union will shift over $1 billion in assets to mainland banks over concerns about U.S. measures against the city’s administration.
Growing financial risk in China is expected to create 3.4 trillion yuan in bad loans for disposal in 2020, a nearly 50 percent year-on-year surge.
The Monetary Authority of Singapore said on Thursday that it will commit $250 million over the next three years to accelerate innovation and technology adoption in the financial sector.
Market watchers speculate that the People’s Bank of China may have bought government bonds from domestic banks in July, deviating from a longstanding position against mirroring developed market central banking behavior.
Following a review by its new CEO, the bank will wind down all of its non-European corporate banking operations and stop providing trade and commodity finance.
The appointments expand the Cover Genius team in Asia, which already includes Partnerships and Customer Support teams in Thailand and Indonesia.
The banking software’s major shareholder is going ahead with a sale process it hopes will fetch as much as $2 billion, finews.asia has learned. The process reveals differing priorities between founder, top executives, and private equity.
Escalating U.S.-China tensions have led to concerns about the possibility of Chinese asset seizures abroad, according to a senior advisor to Beijing.
The solution aims to improve productivity and remove inefficiencies in the sector’s procurement and payment processes.
Despite fiery rhetoric from Beijing, even Chinese banks are opting to comply with the latest sanctions issued by Washington against 11 Hong Kong and mainland China officials.
This year, financial services sector growth has held up thus far, with retrenchment levels subdued, according to the Monetary Authority of Singapore.
The brokerage wants to become Asia’s leading digital trading house for funds, equities and structured notes, and hopes to build on its pivot to digital by doubling regional trading volume across its retail and institutional segments in the next five years,
Lai Xiaomin, former chairman of Huarong – one of China’s «big four» state-owned distressed asset managers – pled guilty to accepting 1.79 billion yuan in bribes between 2009 and 2018.
His appointment is one of several changes to its senior leadership team as the company strengthens its presence in Singapore and Southeast Asia.
Ralph Hamers soon will move into his office at UBS. Expectations are running high as he assumes the top job at Switzerland's largest bank. Which are the main challenges that he is facing? And what do the employees have to fear?
Less than four months after the exit of single ex-market head of Singapore and Malaysia, HSBC Private Banking promotes two internally to head the respective markets.
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