Facebook's cryptocurrency project Libra is plowing ahead with plans for a regulated payments system.
With OCBC enabling peer-to-peer (P2P) fund transfers on Google Pay, the city-state becomes the third globally to offer the service, after India and the United States.
Enraged retail investors of HSBC in Hong Kong have invoked the Securities and Futures Commission in the latest development of the HSBC dividend cancellation fiasco.
Hong Kong-headquartered financial services group AMTD is partnering with the Asean Financial Innovation Network, or AFIN, to launch a solidarity fund to help fintech firms.
HSBC is forming a global restructuring team targeting corporate clients affected by the coronavirus pandemic.
Troubles at Singapore's Hin Leong will affect 23 banks which reportedly lent a total of $3.85 billion to the troubled oil trader.
The B2B2C specialty insurance arm of global insurance giant Allianz has hired a senior executive with 20 years of global experience in the financial services industry to the role.
The global banking software maker will seek the election of two new board members, while three are poised to exit.
As the virtual banking industry sees delayed launches and license issuances, DBS has reportedly observed a sharp spike in digital activity including a $5.6 billion increase in transaction value in the first quarter.
China continues to open up its financial sector for foreign participation, this time through the easing of its $3 trillion trust industry.
Previse, a fintech that aims to reimagine B2B e-commerce with AI, has completed a $11 million raise led by Reefknot Investments and Mastercard, the startup announced in a statement on Thursday.
Individuals from ‘Generation Z’ outscored all other generational segments on cybersecurity knowledge in Hong Kong but have little to show for ranking the lowest in behavior.
Singapore's «circuit breaker» – a curb of all non-essential businesses and activities, and heightened social distancing – has dramatically changed the daily routine for professionals in the financial services sector, many of whom are now working from home (WFH)...
First quarter profits plummeted 46 percent at Citigroup due in part to its high exposure to unsecured lending via credit cards.
Banks are still hiring for selected roles, consultant and headhunter Matthias Schulthess told finews.asia, but the methods and means have changed dramatically.
Already on an ongoing downward trend in 2019, private equity deal value in Greater China took another 55 percent plunge in the first quarter of 2020 due to the ongoing pandemic.
Credit Suisse took its regulator to court over the investigation of a recent spy scandal – and lost.
The bank will pay its final dividend of S$0.33 per share on May 26, after approval at the AGM.
Singapore Blockchain Association and the Blockchain, Enterprise and Scalable Technologies are merging, and the new association will be co-chaired by a pair of industry veterans.
Man GLG nets a heavyweight portfolio manager formerly with Blackrock to join as its head of Asia ex-Japan equities.
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