Major financial institutions and exchanges in mainland China are making moves or comments to curb investor appetite for precious metals, which have been soaring to new highs.
The investor services group is hiring a business development director in the territory to build its network and win new clients across Greater China and the wider East Asia region.
Gold is trading at a record and investors scramble to get their hands on a piece of the precious metal. A private bank meanwhile sold half of its stock – why now?
HSBC Private Banking promotes two executives in its investment and product solutions unit in Asia, effective immediately.
The London-headquartered money transfer specialist is bringing its Transferwise for Banks service to Singapore with its integration with neobank Aspire, its first partner in Asia.
Fugitive financier Low Taek Jho is reportedly hiding in Macau and Malay police claim that insufficient cooperation from the Chinese government has hindered the capture.
The multinational financial services firm has appointed four C-level executives to its senior management team to strengthen its leadership capabilities and drive strategic initiatives in Hong Kong, Macau and the Greater Bay Area.
Warren Buffett in recent months caused fellow investors to raise their eyebrows as he seemed unsure how to place his assets in the ongoing crisis. Now he has placed a major bet and invested in a bank, which again raises some questions.
Five years after former Credit Suisse chief executive Tidjane Thiam split the group’s investment bank and capital markets unit, current CEO Thomas Gottstein seeks to tighten controls and boost the performance by re-merging the two.
The insurtech subsidiary of Munich Re is partnering Hong Leong to provide its digital underwriting tool across its businesses in Malaysia.
Senior officials in Hong Kong have reportedly been asked by various global banks to close their accounts and take their business elsewhere, for fear of U.S. sanctions.
London-headquartered Thought Machine has announced the signing of an additional $42 million in funding for its series B round. The firm targets international expansion, product development and APAC market growth.
China Investment Corporation continues to shed top executives as the world’s second-largest sovereign wealth fund reportedly struggles to retain top talent amid weakening returns.
Citi Asia Pacific's work experience program, covering careers in Investment Banking and Markets and Securities Services, has proven popular among undergraduates.
A third financial crisis – distinctly different from that of 2008 or 1997 – may be on the horizon, according to Joseph Yam, former chief of the Hong Kong Monetary Authority.
The robo-advisor has received an injection to fund additional international expansion and aggressive product development.
A high court in Kuala Lumpur found former Malaysian prime minister Najib Razak guilty on all seven corruption charges in his first trial relating to the disastrous 1MDB scandal.
Swiss bank Vontobel had what it deemed a «good» result in the first half, achieved mainly thanks to a business approach that kept it shielded from ill-effects of the pandemic on the real economy.
The senior executive will be responsible for driving the development of Manulife's operations in Southeast Asia’s emerging markets – namely Cambodia, Indonesia, Malaysia, Myanmar, Philippines and Vietnam.
Omar Shokur, Asia chief executive of Indosuez Wealth Management, shares some of the private banking lessons learned while leading the over 300-strong wealth unit through a health crisis, in a conversation with finews.asia.
Page 445 of 1007
