Monday, 18 November 2024

PEOPLE Tuesday, 9 August 2022 13:25

MSCI Bolsters Client Coverage in Korea

MSCI has hired a 20-year financial industry veteran in South Korea to strengthen its client coverage in the market. 

FINANCE Tuesday, 9 August 2022 12:56

Are Hong Kong and China Leading a Meme Stock Comeback?

A handful of US-listed companies from mainland China and Hong Kong have recorded inexplicable price movements after their initial public offerings in 2022. Could this be a return of the meme stock mania?

FINANCE Tuesday, 9 August 2022 09:35

Tidjane Thiam Finally Embarks on Long-Delayed Journey

The former Credit Suisse CEO is once again sitting in a private jet. But this time it's to a personal destination associated with many memories.

FINANCE Tuesday, 9 August 2022 09:35

Michael Lewis Hints New Book on the Crypto World

«Liar's Poker» and «Moneyball» author Michael Lewis's next book will educate readers about the world of cryptocurrencies through, characteristically, a unique character. 

FINANCE Monday, 8 August 2022 17:48

Credit Suisse Denies Material Exposure to Mexican Finance Firm

Last week reports surfaced that Credit Suisse was owed over $100 million by a Mexican financial institution. Credit Suisse pushes back.

PEOPLE Monday, 8 August 2022 17:45

HSBC Promotes APAC Head of Wealth Sales to Global Role

HSBC continues its shift towards an even greater focus on Asia as its growth market with the promotion of its APAC head of wealth sales to a global role, finews.asia has learned.

FINANCE Monday, 8 August 2022 15:02

US Whistleblower Victory Against UBS Overturned

A former UBS employee who initially won a whistleblower case against his former employee saw that jury verdict vacated by a New York federal appeals court.

FINANCE Monday, 8 August 2022 14:38

Crypto.com Expands in South Korea via Acquisitions

Singapore-based Crypto.com has expanded in South Korea via the acquisition of a local exchange and payments platform, two months after it announced a reduction of its workforce.

FINANCE Monday, 8 August 2022 12:57

Hong Kong Tests Resilience of Global Connectivity

Hong Kong authorities made no surprises by unveiling a shortened quarantine for inbound travelers. Financial industry leaders want such curbs scrapped altogether. 2022 could be a watershed year, illustrating the new norm for the city’s future as a global hub.

FINANCE Monday, 8 August 2022 11:35

Hong Kong Shortens Hotel Quarantine

Hong Kong authorities announced the much-anticipated shortening of hotel quarantines for inbound travellers, more than halving the period from seven days to three days.

PEOPLE Monday, 8 August 2022 10:09

HSBC Hires Ex-Barclays Banker to Lead South Asia

An investment banking veteran previously with Barclays has joined HSBC to lead its South Asia business.

FINANCE Monday, 8 August 2022 07:49

Claudia Kraaz: «External Success Signs Are More Important in Finance»

Former banker Claudia Kraaz recently interviewed several personalities about the importance of success. She discusses her findings in an essay for finews.first. Having a successful, accomplished life. Who wouldn’t want that? But what does it even mean?

FINANCE Sunday, 7 August 2022 17:06

Credit Suisse Faces Risks From a Mexican Bank

A Mexican bank that has entered bankruptcy proceedings is said to owe Credit Suisse over $100 million. 

PEOPLE Sunday, 7 August 2022 16:26

Singapore Fintech Robocash Names New CEO

Singapore-based fintech firm Robocash has announced a duo of C-suite appointments including a new chief executive officer.

PEOPLE Friday, 5 August 2022 16:22

Hong Kong Lost Hundreds of Financial Execs to Singapore in 2021

Hundreds of financial professionals in Hong Kong moved to Singapore last year, according to recruitment firm Robert Walters, in another sign of talent outflow from the city.

FINANCE Friday, 5 August 2022 15:20

A Ratings Downgrade Trifecta for Credit Suisse

The third major rating agency follows S&P and Moody's in downgrading Credit Suisse in the wake of poor second-quarter results and a renewed strategic review.

FINANCE Friday, 5 August 2022 14:47

AIA in Talks to Buy Prime Office in Shanghai

Insurance giant AIA’s growth push into mainland China continues with interest in reportedly acquiring a billion-dollar office in Shanghai.

FINANCE Friday, 5 August 2022 13:00

Market Woes Hammer Assets at Private Banks in Asia

A poor showing in global markets this year has battered wealth managers which saw the top three leaders alone lose assets equivalent to that of a top 10 private bank in the region. finews.asia reviews the industry’s performance in the first half.

FINANCE Friday, 5 August 2022 09:50

Quarantine-Free Entry Needed for Bank Chiefs to Join Hong Kong Summit

Hong Kong’s upcoming summit to restore confidence in its hub status could be threatened by lacking attendance, with some global banking chiefs reportedly joining only if quarantine-free entry is allowed.

FINANCE Thursday, 4 August 2022 16:21

Avaloq: Most Chinese Interested in Secure Messaging with Advisors

The vast majority of Hong Kong and mainland China investors not already communicating with financial advisers via messaging apps would do so if privacy and security were assured, according to a survey by banking software provider Avalaoq. 

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