Global real estate giant CBRE has appointed a new head of advisory and transaction services for Asia pacific.
Hong Kong will reportedly impose a lockdown in the middle of March, just weeks after its leader said there were no plans whatsoever to do so.
The Swiss Federal Council is fully adopting EU sanctions. Government sees no threat to the Swiss financial center.
Credit Suisse and Societe Generale suspended their financing of commodities trading from Russia.
The first Eurozone Banks get hit by sanctions while Switzerland is waiting to see if the Federal Government follows in the EU's steps.
Standard Chartered announces a successor to its India head of wealth management Samrat Khosla.
Fintech iCapital has acquired Bank of Singapore’s in-house private market feeder fund platform for $5 million.
Barclays continues to strengthen its investment banking business in Asia, this time with the appointment of two veterans as co-heads for Greater China.
HSBC hires a former executive from UOB to support its digital efforts in Singapore, finews.asia has learned.
Singaporean authorities announced plans to impose sanctions against Russia, joining what it called «like-minded countries» in condemning Moscow’s decision to invade Ukraine.
$60 million in 1MDB-linked kickbacks were not enough, according to the latest testimonial by ex-Goldman banker Tim Leissner, who admitted to stealing additional funds from Malaysian fugitive Jho Low.
Hong Kong’s expatriates are leaving Hong Kong and its strict zero-Covid regime with a European Union office disclosing a rapidly accelerating exit from its citizens living in the city.
Confronted in 2020 with the Corona induced market crash, central banks worked behind the scenes to keep money flowing. Now, they are joining in on the Russia sanctions battle.
Zip Co. is set to acquire Sezzle for around A$491 million ($352.63 million) in an all-share deal which will combine two Australia-listed buy-now-pay-later (BNPL) players.
Insurer FWD Group, backed by tycoon Richard Li, is closing in on a Hong Kong initial public offering (IPO) filing, Bloomberg reported.
China’s recent move to curb financial activities with Russia illustrates the difficult balancing act it faces between relations with Moscow and western sanctions.
Russia has attacked Ukraine with the deepest contempt for human lives and against all economic reasons. This creates uncertainty and thus a buying opportunity, Georg von Wyss writes in an essay on finews.first.
Switzerland’s president has said it’s «very probable» the country would follow the European Union in freezing Russian assets, Reuters reported.
Russia's large holdings of foreign exchange could pose a problem for financial markets.
Vladimir Putin could learn a thing or two about successful cooperation from the co-founders of Revolut.
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