The world's second-largest reinsurer is strengthening the leadership of its Life & Health and Property & Casualty business lines in Asia Pacific, as it aims to capture growth opportunities in the region.
The London-headquartered online money transfer service is teaming up with Chinese payments and lifestyle services platform Alipay to expand remittance options for its users.
The coronavirus pandemic sent shoppers rushing to hoard toilet paper – but also scrambling physical gold.
He brings almost two decades of leadership experience in the banking and finance sectors to the global payments firm, which sees Asia Pacific as an increasingly important market.
The Hong Kong-based investment banking firm and asset manager is making the acquisition as part of its plans to build a Southeast Asian fintech platform headquartered in Singapore.
Credit losses are projected to double for Australian banks in the midst of economic headwinds from the coronavirus outbreak.
Chinese authorities have approved the establishment of a national asset management company to deal with the increasingly growing pool of non-performing loans.
HSBC finally settles on a permanent group chief executive seven months after the exit of predecessor John Flint.
Liquidity in the banking system drying up isn't the problem in the current coronavirus crisis, EFG Bank chief economist Stefan Gerlach tells finews.com. He urges central banks to lower capital requirements for lenders.
British neobank Revolut with a foothold in Singapore is seen as a pioneer of online retail banking. Now, however, the fintech has added a service that involves a financial product with a history that goes back thousands of years.
In an attempt to kickstart business after the coronavirus outbreak prompted a nationwide shutdown, China's banks are using a new way to lure customers: free masks.
The Hong Kong Monetary Authority released around $HK500 billion in additional liquidity by cutting capital buffers to encourage support for small and medium-sized enterprises.
Chubb announced on Tuesday that it has appointed a new Division Head of International Personal Lines in Singapore since 1 March 2020.
An extensive revamp last year pushed Rothschild & Co's profits lower. The wealth manager is shedding for growth.
Comonwealth Bank of Australia – one of the country’s «big four» lenders – will not contest two lawsuits from local regulatory alleging misconduct against clients.
Liechtenstein's «princely» bank LGT had a growth spurt last year after a hiring push. Given economic ructions sparked by the coronavirus pandemic, CEO Max von Liechtenstein expects more to follow.
Heightened political risks from rising social tensions will act as the key driver in the world’s most expensive real estate market in the coming five years, according to a recent UBS report.
To prevent the coronavirus from spreading amongst its staff, J.P. Morgan and Citigroup have told employees that those who can work from home to start implementing such arrangements this week.
Rating agency Moody's on Monday upgraded ratings of the troubled lender with a positive outlook, as its capital position evolves.
UBP hires a new chief operating officer for Singapore from a rival private bank in the city-state.
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