Wednesday, 20 November 2024

PEOPLE Monday, 25 October 2021 09:40

DBS Appoints Chief Risk Officer

A career DBS banker has been named chief risk officer for the Singapore lender, replacing Tan Teck Long.

FINANCE Saturday, 23 October 2021 17:03

Nicolas Faller: «Private Markets Are An Ideal Alternative»

Conditions for private markets, which started to take off in the 1990s, are now better than they have ever been, Nicolas Faller writes in his essay for finews.first.

FINANCE Friday, 22 October 2021 17:20

SGX Opens Offshore Office in India

The office will kick-start SGX India Connect IFSC, a special purpose vehicle that will facilitate SGX's upcoming connect with India's National Stock Exchange (NSE).

FINANCE Friday, 22 October 2021 16:11

Temasek Leads Funding Round for Crypto Trading Platform

Crypto billionaire Sam Bankman-Fried's FTX has raised a meme-friendly $420.69 million in a Series B1 funding round led by Singapore state investor Temasek.

FINANCE Friday, 22 October 2021 14:45

China Evergrande Dodges Default

China Evergrande will reportedly dodge a default by making a payment for an offshore bond coupon just before the end of the 30-day grace period on Saturday.

FINANCE Friday, 22 October 2021 14:01

Futu's Gavin Chia: «Investing Behavior Has Changed»

Futu's «moomoo» has experienced rapid growth in Singapore since its launch in March, thanks to generous incentives, but also a more nuanced understanding of young investors today.

FINANCE Friday, 22 October 2021 12:13

Capital Group: Asia Lacks ESG Product Innovation

Asian investors face a gap in the sustainable finance marketplace, according to a recent survey by Capital Group, with lacking product innovation cited as a top obstacle to ESG adoption.

FINANCE Friday, 22 October 2021 10:38

Swiss Wealthtech Additiv Appoints APAC GM

He replaces Kevin Hardy, who has taken on a new role at State Street as head of Singapore and Southeast Asia.

FINANCE Friday, 22 October 2021 10:10

Willis Towers Watson: Better ESG Products Needed in Asia

Despite the growing trend of sustainability, asset owners in Asia believe there is still much more to desire with lacking products, insufficient accountability and other issues, according to a recent survey by Willis Towers Watson.

FINANCE Friday, 22 October 2021 09:40

Regulator Defends «Anxious» Credit Suisse Compliance Staff

A prominent American financial regulator sees more nuance in the Swiss bank's Mozambique scandal than the agency she works for does.

FINANCE Friday, 22 October 2021 09:39

Credit Suisse Confident on GFG Road Map

The Swiss bank has received nearly $100 million from one of the most worrisome obligors in its Greensill fund line, and expects more over the next two years.

FINANCE Thursday, 21 October 2021 20:31

Paypal's (Pin)Interest

Paypal's interest in Pinterest is another example of how payment systems see owning their own social network as a way to remain competitive. 

FINANCE Thursday, 21 October 2021 16:52

Evergrande Shares Tumble After Trading Resumption

Debt-laden developer China Evergrande’s shares continue its descent after resuming trading in Hong Kong today with more news in the backdrop related to fundraising challenges. 

PEOPLE Thursday, 21 October 2021 15:58

ING Appoints APAC Head of Wholesale Banking

She takes over the role from Remko Witteveen, who was interim head until October 2021, when he left ING to return home to the Netherlands.

FINANCE Thursday, 21 October 2021 14:34

StanChart: Over Half of Mainlanders Have No Retirement Savings

Despite rapidly growing affluence, mainland Chinese are the least prepared for retirement, according to a recent survey by Standard Chartered, with over half of the market having made no related savings nor investments.

FINANCE Thursday, 21 October 2021 12:58

Ripple and Tranglo Expand Partnership

Its growing cooperation follows Ripple’s acquisition of a 40 percent stake in Tranglo to scale the footprint of RippleNet in APAC and beyond.

PEOPLE Thursday, 21 October 2021 12:55

Deutsche Bank Adds Greater China Wealth Vet from HSBC

Deutsche Bank has hired a former HSBC executive as a managing director in its wealth management unit.

FINANCE Thursday, 21 October 2021 12:24

Singapore-Headquartered Trading App MarketWolf Eyes Expansion

MarketWolf, a «intra-day options only» trading app, has raised $5.5 million from private investors in new round of seed funding.

FINANCE Thursday, 21 October 2021 12:09

Credit Suisse Needs to Stop Moral Rot

The Swiss bank’s excruciating litany of sins makes clear how urgently António Horta Osório needs to break with an era where chancers were granted free rein to run roughshod over values and mores.

FINANCE Thursday, 21 October 2021 11:52

UBS Strengthens Australasian Equities and Research Unit

UBS has hired four new executives and promoted two others for its equities and research team in Australia and New Zealand.

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