HSBC faces more oil-linked headwinds as it files to place oil trader Zenrock Commodities Trading under judicial management.
The Swedish way of tackling the coronavirus seems to have helped the economy escape the worst. The death toll, however, looks comparatively high.
Participating in Nium's latest fundraise are Visa and BRI Ventures, the corporate venture arm of Bank BRI of Indonesia.
Revolut and N26 are awash with money after the conclusion of new rounds of financing. With their financing needs solved, their global plans are becoming more tangible.
China Construction Bank announced tighter controls following the oil product debacle at Bank of China.
A global pandemic has put the kibosh on glitzy events and leisurely meals where private bankers woo potential clients. finews.asia looks at how wealth managers are schmoozing in times of corona.
Coronavirus-fueled hostility against multilateralism is underway, said Marie Owens Thomsen, Indosuez Wealth Management’s global head of economic research, underlining a reenergized U.S-China trade war.
With Falcon Private Bank’s demise seemingly imminent, rivals are well advised to look closely into this rare case of a closure.
Leading U.S. economists say that the world economy is about to emerge from the lowpoint after several countries started lifting the strictest of their lockdown measures.
Even Warren Buffett, one of the world's most successful investors, seems to be at a loss, as he conceded at the «Woodstock of Capitalism».
The 403,000 square-foot grade-A logistics facility, located in the Jurong industrial precinct, is its third acquisition under its Asia core real estate strategy.
The insurance arm of OCBC Bank was hit by non-operating losses of S$222.8 million ($157.27 million) during the quarter, compared to a non-operating profit of S$75.9 million for the same period last year.
UOB's Q1 2020 net earnings are down 15 percent on-quarter and down 19 percent on-year, hit by declining margins and higher credit costs.
The Hong Kong government is making a major push to promote the city as an international green hub with the establishment of a new body made of seven financial regulators and government bureaus.
ARA Asset Management announced a joint acquisition of crowdfunding platform Minterest in a broader ambition to up fintech capabilities and develop a global real estate credit business.
The banking software maker has announced that it will provide its software-as-a-service solution to the Bank of the Philippine Islands (BPI), one of the country’s biggest banks in terms of capitalization.
Health is wealth – it’s a familiar saying that has, until recently, nonchalantly tripped off the tongue, Butterfield Group's Brian Balleine writes.
From weather patterns to satellite imagery, over half of hedge fund managers recently surveyed were using some form of alternative data to improve performance.
The two parties will work together to meet growing market needs for improved capital market access and connectivity to Singapore and beyond.
Top financial regulators in China committed to tighter controls following the recent collapse of a commodity-linked product issued by Bank of China caused over $1 billion in losses.
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