Does the coronavirus spell the end of data protection and privacy? If banks are going to pursue such a strategy, they will score an own goal, says Florian Wicki, editor at finews.ch in an essay for finews.first.
The global investment firm has hired a long-serving Bank of America Merrill Lynch investment banker to its senior leadership in Japan as it reinforces its commitment to the market.
Allfunds furthers its Asian expansion with the launch of a new Hong Kong office as its North Asia hub.
While scores of billionaires have seen their net worth eroded amid the Covid-19 virus outbreak, Singapore's richest person has added some $3.5 billion to his fortune this year.
Volatility in the financial markets and uncertainty in the global economy arising from the Covid-19 pandemic have impacted investment banking revenues, which saw its revenue pool shrink by 8.8 percent in the last quarter.
Asian banks have managed to outshine their global peers thus far amid a pandemic, by more than double in terms of share price performance.
The Singapore-based senior executive will join the board of the non-profit association domiciled in Zurich, Switzerland, which focuses on developments in the securities market and serves as a forum for securities operations professionals.
An HSBC return to its founding home in 1865 has not been discussed and, based on current plans, will not be discussed.
44 percent of small businesses cited political instability in Hong Kong as the top reason to seek financing in 2019, according to a survey by CPA Australia, with increasing collapses expected in 2020.
States have assumed the key role in the fight against the coronavirus pandemic. The dominant position of the state comes at a price, one that the Asian societies seem ready to pay. Has the era come of universal state capitalism?
The announcement comes as firm's head of Asia and its global emerging markets (GEM) team is returning to Australia to manage assets at a boutique investment firm.
The financial services heavyweight joins Diginex, a digital asset and advisory firm, as its chairman of Asia.
Blackrock and Neuberger Berman have applied to China's securities regulator for a license to operate wholly owned mutual fund businesses in the country.
China’s digital payment market grew to $8.4 trillion in the last quarter of 2019 and there are signs of still robust momentum in the months following the outbreak.
Singapore’s three largest banks risk up to 18 percent of revenue in 2020 following the latest announcements for relief measures.
The embattled bank, Australia's second-largest lender, has given its interim chief executive the job, in a move that its chairman said provides «stability and strength» amid a tumultuous period for the bank and the global economy.
While Munich Re warns of sharply lower quarterly profits due to the pandemic, Swiss Re has another message.
Trading through the Bond Connect – the offshore channel used to access the domestic fixed income market – registered record trading volumes in March that totaled nearly $70 billion.
The investor services provider is adding a business director who will focus on growing the group's network and business opportunities across India.
Lower income staff at Citi will receive payouts in line with chief executive Michael Corbat’s call to extend global support during the crisis.
Page 490 of 1007