HSBC’s establishment was built on regime change in Hong Kong following the Opium Wars and since then has successfully survived multiple geopolitical transitions. Will it survive the current one?
The platform is launching new products, which include a micro-investment solution, third-party loan platform and a «buy-now-pay-later» service for purchases with e-commerce partners.
After months of working from home, banks are still struggling to get their staff back to the office. Some, like UBS, are resorting to unconventional perks of yore.
Europe's biggest banks are bracing with hulking provisions in their most unpredictable business. It will take months before they know whether their worst fears will be born out.
Credit Suisse is promoting the head of its Swiss marketing efforts to take the global role as well.
The winding-down Falcon Private Bank's head investment strategist is exiting for a niche fund management house founded by a former colleague.
The independent global asset manager is relocating a specialist to grow the breadth and depth of its investment expertise in the region, and improve its ability to bring regional investment insights to clients worldwide.
With the roll-out of TMRW, PT Bank UOB Indonesia (UOB Indonesia) hopes to capture the country's generation of enterprising and digitally savvy customers.
Top watchdogs in Beijing have come out to condemn Luckin Coffee and roll out punishments for its fraudulent accounting activities.
HSBC’s pre-tax profits plummeted in the first half by 65 percent year-on-year as the Asia-focused lender further boosted loan loss provisions to ready for more headwinds.
Standard Chartered in Asia has been rejigging its mix of employees in recent years with a focus on upping headcount in certain markets while increasing digital penetration in others.
United Overseas Bank launched the UOB Finance Academy, a training and development program in Singapore focused on equipping all employees in the bank’s finance function with the soft and technical skills required to become future leaders in their field.
Franklin Templeton completes the $4.5 billion acquisition of Legg Mason to create one of the largest asset managers in the world.
Hywin Wealth Management could join be the latest Chinese wealth manager to build out its Singapore presence amid growing uncertainty in neighboring rival hub Hong Kong.
Hin Leong’s post-scandal ripples continue to be felt in the banking industry with Societe Generale making the latest decision to close its Singapore-based trade commodity desk.
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At the start of 2020, positive fundamentals shaped the palm oil market. Global demand for the oil was on the upswing, with consumption increasing at more than twice the rate of production.
Macau authorities not only refuted the claims of Malaysian police that fugitive financier Low Taek Jho was hiding in the city but expressed dissatisfaction with its «unilateral» disclosure.
Credit Suisse has appointed a new head of investor relations. The financial analyst joined the bank when ex-CEO Tidjane Thiam was still calling the shots.
Chinese authorities continue to make moves to mitigate the effects of a slowing economy including, in the latest, new corporate bond swap rules for exchanges.
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