HSBC shaved top management roles at its investment banking arm amidst a global job cut freeze.
China’s central bank said it was conducting internal tests for its national digital currency including for hypothetical usage at the 2022 Winter Olympics in Beijing.
Bordier, one of just five truly private banks remaining in Switzerland and with a strong foothold in Singapore, is adding a fourth partner with unlimited liability. The new man's experience lies in the asset management industry.
The emergence of low-cost digital fund distributors is challenging retail banks which will see their market share drop 5 percent in the next five years.
Singapore’s state investor Temasek Holdings denied speculations that its chief executive officer Ho Ching made an annual salary of S$100 million or $70.4 million.
Loan repayment deferrals of three to six months will be made available to Hong Kong’s small and medium-sized enterprises, as per the instructions of the local central bank.
Reported doubts about official coronavirus figures are putting research divisions to the test and finews.asia spoke to global banks about how to deal with less than reliable data.
Arrano Capital launches the first-ever cryptocurrency fund in Hong Kong approved by regulators for distribution to professional investors.
Troubled Singapore oil firm Hin Leong reportedly did not disclose $800 million of losses through futures trading, according to a court filing based on an affidavit involving its founder Lim Oon Kuin.
The American lender nabbed an ex-Deutsche Bank investment banker to lead the unit, claiming to anticipate increased fundraising and M&A activity in the second half.
For a long time, only large investors have been able to make direct investments in companies. This is changing thanks to new laws and regulations. In his exclusive essay for finews.first Fabrizio Pagani explains how private investors can access private markets.
Credit Suisse achieved a key milestone for its Chinese activities.
The coronavirus pandemic sparked a rush of business for lending platform Loanboox, then CEO Stefan Muehlemann fell sick with COVID-19.
His career spans multiple functions and geographies, bringing together data, technology and culture in building Citi's brand strategy and positioning.
Inner Mongolia-focused lender Baoshang Bank has been reestablished as Mengsheng Bank following a historic government takeover.
The bank hopes to encourage more people to stay home and comes in support of stricter social distancing measures implemented by the government to contain the spread of Covid-19.
A private banking veteran, most recently with UBS leading a team covering high net worth clients in Hong Kong, has reemerged at Standard Chartered, finews.asia has learned.
He joins Startup-O as its managing director of projects.
The firm ended another financing round with $14.5 million from Asia and Switzerland as well as a new director.
The bank's investment head is departing. He will be replaced by his long-standing deputy, as finews.asia can reveal.
Page 484 of 1007
