Beijing’s newly proposed National Security Law for Hong Kong has inspired fear and uncertainty in a business community accustomed to operating in a stable and precisely defined legal environment.
Swiss banks are slowly moving staff back to trading floors, branches, and big office spaces. finews.com looks at who is on the front line – and who can expect to have their temperature measured at the door.
HSBC’s PayMe – Hong Kong’s largest e-wallet operator – reached 2 million users, fuelled in part by the city’s love for card and tile games.
Efforts stabilize financial institutions with excessive risk are being hindered by a slowdown, according to a provincial branch head from China’s central bank, who called for more tolerance for risk amid a pandemic.
U.S.-China relations continue deteriorating in the latest move by Washington to sanction 33 companies and institutions, some of which are allegedly complicit in human rights violations.
How do established banks and up-and-coming virtual banks across Asia-Pacific streamline the digital onboarding experience and boost conversions while meeting compliance mandates and fighting fraud?
Sudden work-from-home circumstances personalized interaction in business settings. Even CEOs of the world’s biggest banks displayed their human side, finews.asia co-founder Claude Baumann tells in an interview.
Crossbridge Capital is now working with Dimensional Fund Advisors to provide a comprehensive wealth solution to financial advisors and their clients in Asia.
Led by Credit Suisse, lenders to embattled Chinese coffee company Luckin have started court proceedings to liquidate the private company of founder Lu Zhengyao.
Banks should take advantage of the current lockdown to shift focus away from immediate income to sustainability to secure a share of from the rise of the next generation.
Total weighted premium grew 10 percent to reach S$965.8 million in the first quarter but headwinds fuelled by the pandemic are expected to follow.
Some 46 percent of Singaporeans expect their families to take care of them in their retirement, a new survey on retirement and wealth reveals.
The bank's improved quarterly performance was the result of the sale of some liquid assets and fixed income instruments, which raised net fee-based income.
Amid the current crisis, private equity has emerged as an indispensable tool for supporting companies on their road to more sustainable development, Johnny El Hachem writes in an essay for finews.first.
Hours after China was reportedly set to impose ground-shaking national security legislation for Hong Kong, the U.S. administration fired back with a bill that could place banks in the crossfire.
Venture capital fundraising in between January and March 2020 fell 47 percent compared to the fourth quarter of 2019, with Singapore and Indonesia VCs dominating.
Despite a coronavirus-driven drag on all economic activities, such as luxury spending on arts, a relatively sharp rebound could follow after the lockdown due to pent-up spending demand and rapid innovation.
The Singapore Exchange-backed private markets platform and regulated securities exchange for private companies has received funding in its Series A extension round.
The two, who are both recognized experts in platform innovation, will work closely with AFIN's Board of Directors and the APIX team as it accelerates its growth.
HSBC Private Banking named a new global head of products, investment and collaboration based in Hong Kong.
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