Sunday, 17 November 2024

FINANCE Monday, 28 November 2022 12:26

Hong Kong Dollar Peg Tests Another Round of Doubters

US-China decoupling, weak growth and shrinking reserves have led to fresh doubts about the sustainability of the Hong Kong dollar peg. Will the city’s linked exchange rate system survive this round of doubters?

FINANCE Monday, 28 November 2022 11:46

KPMG, Quinlan & Associates Form Strategic Tie-Up

KPMG China has established a strategic tie-up with independent strategy consulting firm Quinlan Associates to strengthen its proposition to financial institutions in the region.

FINANCE Monday, 28 November 2022 11:07

Neuberger Berman Green-Lighted for China Fund Business

Neuberger Berman has received regulatory approval for its mutual fund business in mainland China.

FINANCE Monday, 28 November 2022 10:19

Bored Apes Show Signs of Life

The mega-hype surrounding the Bored Ape Yacht Club has died down, but the market for the prestigious NFT is not dead, as recent sales show.

PEOPLE Monday, 28 November 2022 09:10

Crypto Star «CZ» Stopping by in Switzerland

In the wake of the FTX bankruptcy, the CEO of the world’s biggest crypto exchange is busily allaying fears about the future of the crypto industry. Now he is coming to Switzerland.

FINANCE Friday, 25 November 2022 23:09

Lombard Odier's Stéphane Monier: «IT’ll be back»

Technology stocks used to grow pretty dependably. But in a year difficult for equities, tech's decline has outpaced the broader market’s fall. In his article for finews.first, Stéphane Monier examines why investors might expect a turnaround in 2023.

FINANCE Friday, 25 November 2022 15:20

Credit Suisse: The Saudis Are Aboard

Following its extraordinary general meeting Wednesday, Credit Suisse is offering 889 million shares to existing investors and confirms Saudi National Bank stake of nearly ten percent.

FINANCE Friday, 25 November 2022 14:57

Binance Launches Billion-Dollar Crypto Rescue Initiative

Binance is openly inviting participants to support the crypto industry via a rescue initiative, to which it will initially commit $1 billion.

FINANCE Friday, 25 November 2022 12:40

Global Banks Forecast End of Zero-Covid in China

With Beijing recently tweaking the nation’s zero-Covid policy, there is more optimism in the air that a reopening in China may finally be just around the corner. What say the banks?

FINANCE Friday, 25 November 2022 12:35

Hong Kong to Beat Singapore in 2023 Banking Salary Rise

Despite persistent negative headlines about health restrictions and geopolitical uncertainty, Hong Kong is still expected to beat Singapore in terms of salary rises in the financial sector for 2023, according to Mercer.

FINANCE Friday, 25 November 2022 11:10

Daniel Blatter: «Since the FTX Fiasco, Our Managed Assets Have Doubled»

The irony is in the current crisis, greed triggered the turbulence, says Daniel Blatter, Head of Digital Services at InCore Bank, in an interview with finews.asia. You need a bank now if you don't want to hold your assets in custody.

FINANCE Friday, 25 November 2022 09:56

HSBC's Private Bank Offers DPM on Mobile App in Asia

HSBC’s private banking arm has launched discretionary portfolio management services for its mobile app in Asia.

FINANCE Thursday, 24 November 2022 15:51

MUFG to Buy Home Credit's Southeast Asia Units

Japan’s Mitsubishi UFJ Financial Group has agreed to buy Amsterdam-based Home Credit's businesses in the Philippines and Indonesia to strengthen its foothold in Asia.

FINANCE Thursday, 24 November 2022 15:46

What Magic Can Credit Suisse Leaders Pull out of Their Hats?

Lamenting the desolate state of Credit Suisse is not enough. The situation begs the question of what options the bank on Paradeplatz still has. What can the duo Axel Lehmann and Ulrich Koerner do to put CS back on the road to success?

PEOPLE Thursday, 24 November 2022 14:40

Schroders Nabs Ex-JPMorgan Credit Specialist

Schroders has hired a former JPMorgan credit specialist to join its Asia fixed income team in Hong Kong.

PEOPLE Thursday, 24 November 2022 12:28

J. Safra Sarasin Hires Ex-Julius Baer Bankers in Singapore

J. Safra Sarasin has hired a handful of private bankers from rival pure-plays, including Julius Baer, finews.asia has learned. 

FINANCE Thursday, 24 November 2022 11:11

Hex Trust Receives Virtual Asset License in Dubai

Hong Kong-headquartered Hex Trust has received a license in Dubai to operate as a virtual asset service provider.

PEOPLE Thursday, 24 November 2022 10:22

Generali Appoints Hong Kong CEO

Italian insurer Generali has hired a new chief executive officer for its Hong Kong life unit.

HIGH-END Thursday, 24 November 2022 10:05

Daniel Duric: «UAE is the Most Secure Country in the World» 

The United Arab Emirates is one of the most popular targets for Asian immigrant investors seeking residency as well as the «most secure», Passport Legacy managing director Daniel Duric said in a conversation with finews.asia.

FINANCE Wednesday, 23 November 2022 21:44

Credit Suisse: Adrift in the Fog

With its new strategy, Credit Suisse management wants to create clarity on how the crisis-ridden bank will navigate the next three years. But it is not even apparent how exactly it will get through this year.

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