Monday, 18 November 2024

PEOPLE Friday, 12 August 2022 10:50

Mercer Appoints Head of APAC Manager Research

US asset management and consultancy firm Mercer has announced the appointment of a head of Asia Pacific manager research.

FINANCE Friday, 12 August 2022 10:19

Ping An Persists with Pursuit of HSBC Breakup

Chinese insurance giant Ping An is reportedly not giving up its pursuit of HSBC’s breakup, claiming that the British lender had oversold the risk of spinning off its Asia unit.

PEOPLE Friday, 12 August 2022 09:36

LGT Adds Sustainability Experts to Singapore Board

LGT has appointed two renowned individuals in the field of sustainability to join the board of its Singapore unit.

FINANCE Thursday, 11 August 2022 17:10

Julius Baer Especially Positive on DeFi Coins

Julius Baer believes the structural outlook is positive for digital assets, especially cryptocurrencies that provide a platform for decentralized finance protocols. 

FINANCE Thursday, 11 August 2022 16:28

Credit Suisse Ramps up Legal Pressure on Softbank

Credit Suisse is turning up the legal heat on Softbank in an effort to claw back hundreds of millions of dollars in the Greensill debacle.

FINANCE Thursday, 11 August 2022 15:17

Barings Acquires Australian Property Firm

US asset manager Barings has announced the acquisition of Altis Property Partners, an Australian real estate firm.

FINANCE Thursday, 11 August 2022 12:28

Credit Suisse’s Top Investor Discloses Stake Size

Harris Associates, the largest shareholder of troubled Swiss lender Credit Suisse, has disclosed the size of its stake in the bank.

PEOPLE Thursday, 11 August 2022 11:26

Indosuez Adds Investment Advisors in Singapore

Indosuez Wealth Management has expanded its investment advisory team in Singapore with two new hires.

FINANCE Thursday, 11 August 2022 09:09

Cryptocurrency ATM Installation Rates in the Doldrums

As cryptocurrencies were booming, the number of cryptocurrency ATMs grew accordingly. Now that Bitcoin & Co are trading well below last year's highs, the pace of installations is waning.

FINANCE Thursday, 11 August 2022 09:07

Digital Central Bank Money Can Boost Financial Stability

Many central banks are exploring launching digital central bank money, but have so far shied away from doing it. But some argue that CBDC could increase financial stability.

FINANCE Wednesday, 10 August 2022 20:52

Fitch: Hong Kong Policy Trajectory Risks Hub Status

Hong Kong's recent move to ease quarantines will do little to boost the economy, according to Fitch Ratings which warned that the city’s hub status was under threat from the current policy trajectory.

PEOPLE Wednesday, 10 August 2022 16:25

Alts Manager Waterfall Opens First Asia Office

A former executive from Natixis Investment Managers has been hired by New York-based Waterfall Asset Management to lead the Asia Pacific business through its first regional office in Hong Kong.

PEOPLE Wednesday, 10 August 2022 14:52

Franklin Templeton Appoints Head of China

Franklin Templeton has announced the appointment of a former Nomura executive as its head of China.

FINANCE Wednesday, 10 August 2022 11:36

Crypto: It's Riskier on the Sidelines

Despite the market crash, billions continue to flow into the crypto industry, and rather than flee the market traditional financial institutions are taking advantage of the lull to enter the blockchain business.

FINANCE Wednesday, 10 August 2022 11:34

Bad is the New Good for the Financial Markets

What is an investor to do when one piece of bad news follows another in the stock market? These days it appears to be taking the contrarian view and buying.

PEOPLE Wednesday, 10 August 2022 11:27

HSBC Nets Ex-Citi Banker in Russia

HSBC has hired Citi's former head of consumer banking in Russia to lead its wealth unit in India.

FINANCE Wednesday, 10 August 2022 09:51

Former HKMA Chief's SPAC Completes IPO

Hong Kong registers the third initial public offering of a special purpose acquisition company, backed by the city’s former central banking chief.

FINANCE Tuesday, 9 August 2022 17:06

Chinese Property Worries Trigger Surprise Trust Audit

China’s national auditor is making surprise checks in the nation's $3 trillion trust industry which is also feeling the ripples of the ongoing property crisis.

FINANCE Tuesday, 9 August 2022 16:14

High Taxes Are Driving a Crypto Exodus in Japan

Japan’s cryptocurrency industry is undergoing a wave of exits to friendlier markets due to the high corporate tax rate.

FINANCE Tuesday, 9 August 2022 15:11

Hong Leong Bank Chair Mulls Minority Stake Sale

Malaysian billionaire Quek Leng Chan is reportedly reviewing his stake in Hong Leong Bank, where he is its chairman, and considering options including a merger or sale.

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