Monday, 18 November 2024

FINANCE Wednesday, 31 August 2022 10:32

No Chinese Mega Bank Unscathed from Property Woes

Mainland China’s largest lenders – also called the ‘big six banks’ – all reported higher profits in the first half of 2022 but none were left unscathed by the ongoing property crisis.

FINANCE Wednesday, 31 August 2022 08:49

Swiss Banking Year of Record Assets Under Threat

Last year was a record year for Swiss banks. But the institutions are facing a far stormier environment this year, as an industry barometer shows.

PEOPLE Wednesday, 31 August 2022 07:41

HSBC Adds Sustainability Trio

HSBC continues to bolster its capabilities in sustainable finance with the latest trio of hires, finews.asia has learned, including the APAC co-head of climate change.

FINANCE Tuesday, 30 August 2022 17:47

South Korean Inspects Short-Selling at Global Banks

South Korean regulators are inspecting short-selling transactions at global banks including Morgan Stanley.

FINANCE Tuesday, 30 August 2022 16:19

US Business Confidence in China Drops to Record Low

Business confidence in China as a market has fallen to record low levels amongst US companies, primarily driven by disruption from Beijing’s zero-Covid policy.

PEOPLE Tuesday, 30 August 2022 15:23

Singapore Rolls Out Long-Term Visa for High-End Workers

Singapore will loosen rules to take on foreign talent with new long-term visa rules for high-end workers.

FINANCE Tuesday, 30 August 2022 12:43

Leo Wealth Opens Tokyo Office for US Tax Services

Leo Wealth has opened a new office in Tokyo in response to the growing demand for US tax solutions from global citizens.

FINANCE Tuesday, 30 August 2022 12:16

Too Early for Chinese ADR Celebration

A preliminary agreement to allow audit inspections of US-listed Chinese companies is a step in the right direction for global markets. But any celebration at this point is premature.

PEOPLE Tuesday, 30 August 2022 09:48

Vincent Cheng: HSBC’s First Chinese Executive Director Dies

Renowned Hong Kong banker Vincent Cheng passed away at the age of 74 after an illustrious career that included many firsts as an ethnic Chinese.

FINANCE Tuesday, 30 August 2022 08:02

Private Equity: Tarnish Forming on Banks' Eldorado

Not long ago, private equity was considered one of the most promising growth sectors among banks. Financial institutions invested enormous resources in the complex asset class. But the shine is fading now.

PEOPLE Monday, 29 August 2022 15:58

Blackrock Nets J.P. Morgan Executive for Sustainable Research

A former research executive from J.P. Morgan has joined Blackrock to bolster its sustainable investing capabilities. 

FINANCE Monday, 29 August 2022 14:46

MAS Considers More Tightening for Retail Crypto

The Monetary Authority Singapore may reel back retail access to cryptocurrencies as part of current considerations for potential additional curbs.

PEOPLE Monday, 29 August 2022 12:59

Deutsche Bank Hires Ex-HSBC Executive for Securities Services

Deutsche Bank has announced the appointment of a former HSBC executive as the head of its securities services unit in mainland China.

FINANCE Monday, 29 August 2022 12:50

DWS Expands Product Shelf and Distribution with Korea Tie-Up

German asset manager DWS has formed a strategic alliance with a South Korean asset manager to expand distribution - and its product shelf.

FINANCE Monday, 29 August 2022 11:14

Three Arrows Co-Founder Resurfaces in Thailand

Three Arrows co-founder Su Zhu has reportedly reappeared in Thailand to deliver an affidavit in person, placing doubts on claims made by the crypto hedge fund’s liquidators.

PEOPLE Monday, 29 August 2022 10:30

Blackrock Appoints Wealth Head for Southeast Asia

Blackrock’s former sustainable investing head for the region shifts roles to lead the Southeast Asia wealth segment.

FINANCE Monday, 29 August 2022 10:08

Credit Suisse Mulls Downsizing in China

Top Credit Suisse executives are reportedly meeting in Singapore this week to discuss various topics, including the possibility of downsizing its China business.

FINANCE Sunday, 28 August 2022 21:48

Carlyle Forms Credit JV in Australia and New Zealand

Carlyle has announced the establishment of an Australia and New Zealand joint venture involving funds managed by its global credit platform.

FINANCE Friday, 26 August 2022 21:44

Sherif Mamdouh: «From Tightening Regulation to Cancel Culture»

Companies have historically preferred to stay out of politics or any other divisive public debate. Come to think of it, what legitimacy would a toothpaste brand, for example, have to comment on a geopolitical conflict, a vote or the overly gendered vocabulary of...

FINANCE Friday, 26 August 2022 16:27

Digital Wealth Manager Kristal.AI Crosses Billion-Dollar Mark

Singapore-headquartered digital wealth platform Kristal.AI saw its assets under management surge in the past year to reach $1 billion.

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