He will lead a global team of former entrepreneurs, innovation strategists, product managers and venture builders to accelerate the development of new solutions at Citi's internal incubation program.
The London-headquartered firm announced on Friday three new senior appointments within its Asia-Pacific business.
M&G Investments announced two key appointments to its Asian distribution team, to capitalize on growth momentum in Asia.
Chinese online brokerages may be in Beijing’s crosshairs as a central banker from the country recently called cross-border trading businesses «illegal».
China Evergrande managed to avoid a default for the second time after making a payment for an offshore bond before the grace period expired.
A luxury home valued at tens of millions of dollars and owned by an associate of Evergrande chairman Hui Ka Yan has been reportedly pledged as loan collateral.
They will replace David Biller, who will be relocating to Europe at the end of the year to take on a broader role as co-head of industrials for EMEA, Asia and Japan.
Advisors representing China Evergrande are reportedly meeting the advisors of offshore bondholders for talks following weeks of silence from the debt-laden property developer.
Despite year-on-year growth in the jewelry, technology, bar and coin, and central bank sectors, overall demand was down 7 percent year-on-year and 13 percent quarter-on-quarter to 831 tons in the third quarter of 2021.
The Swiss bank is poised to merge its business with wealthy clients into a single $927 billion juggernaut, finews.asia has learned. Several insiders as well as a prominent former Credit Suisse banker are in the running to lead it.
The said it would explore further opportunities and potential use cases to leverage blockchain and distributed ledger technologies (DLT) as it reimagines the future of banking.
UBS is reviving an old idea as it targets a new client segment in the U.S. The move brings back memories of a robo advisor, which the bank ditched a few years ago.
The Singapore-based insurer is expanding into high-growth markets in the region, with partnerships in Malaysia, Indonesia and Vietnam.
Pictet Wealth Management’s chairman of Asia will step down after a decade with the Swiss bank to join Bangkok Bank next year.
Hong Kong will look to scrap most quarantine exemptions, intensifying what is already one of the world's strictest Covid-19 policy approaches.
The Monetary Authority of Singapore’s chairman Tharman Shanmugaratnam lauded the potential of cryptocurrencies in finance, highlighting stablecoins as a means for payments.
The Swiss bank's head of asset management nabbed a former long-time associate from UBS, finews.asia has learned.
The new wealth centre comes amid strong growth in the bank's assets under management for high net worth customers in Hong Kong.
In its first pilot with participating banks, it achieved end-to-end settlements in SGD and USD in less than 120 seconds.
The partnership is UOB’s first initiative under its new unified digital platform, UOB TMRW.
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