Top advisers to President Donald Trump have reportedly ruled out measures aimed at undermining the Hong Kong dollar peg to the U.S. dollar after the idea first tested first support last week.
SR Technics is reportedly drawing $128 million in emergency loans in Switzerland. The aviation firm's owner is effectively controlled by the Chinese government.
Barclays names the successor to former Singapore country manager Bal Bagary who will be relocating back to the United Kingdom.
The company is opening two new offices to cater to growing demand in Australia, where the digital banking revolution is set to accelerate in the next five years.
Dieter Wemmer is capping an illustrious finance career with a seat on UBS' board. He is also partnering with a fearsome hedge fund – which may soon roil the financial industry.
Sustainable financing at OCBC has been unfettered by the broader coronavirus headwinds and has, in fact, accelerated year-to-date.
The Monetary Authority of Singapore (MAS) has completed the final phase of its central bank digital currency project known as «Project Ubin.»
Singapore Fintech Association (SFA) is partnering Hong Kong-headquartered financial services group AMTD to promote entrepreneurship and innovation in Singapore's fintech community.
Assets under management within recommended healthcare funds surged at Standard Chartered Private Bank as part of a broader trend of increasing adoption in sustainable investing.
The People’s Bank of China said that deadline extensions for cleaning up balance sheets was understandable but a reversal to shadow banking prominence would be «unacceptable»
Credit Suisse names a renowned private banker for the Thai market as its head of wealth management for the market, according to an internal memo seen by finews.asia.
The Vaduz-based private bank names the head of the banking division at Liechtenstein’s Financial Market Authority as its new chief risk officer.
The Swiss bank's ebbing capital cushion has analysts asking whether it will be able to make good on the second leg of a dividend for last year.
Texas-headquartered Dimensional Fund Advisors appoints a chief executive for Asia ex-Japan to drive regional growth out of Singapore.
Chinese regulators issued warnings about a potentially sharp rebound in non-performing loans, especially amongst smaller banks that have directed funding to sources «causing asset bubbles».
Private bank Julius Baer is launching its own unit for direct private investments. The head of the business will join from Switzerland’s largest bank, UBS.
Morgan Stanley led the Asia Pacific league tables of mergers and acquisitions advisors, by the total value of deals, as part of a broader trend of U.S. bank dominance in the area year-to-date.
The pandemic is hammering home how private banks need to break the mold – or become obsolete, Hinduja Bank CEO Karam Hinduja writes in an essay for finews.first.
Wealth managers are about to get more competition in the battle over market share with the lucrative super-rich, according to a sector study.
Major Wall Street executives have come out to express their reservations about a bill that would pressure Chinese companies to comply with U.S. accounting rules.
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