The link will facilitate instant, low cost fund transfers directly from one bank account to another between Singapore and India.
The platform plans to tap on the growing popularity of cryptocurrencies and digital assets among corporate investors, accredited individuals and family offices.
Chinese regulators have reportedly expanded scrutiny of offshore listings that use variable interest entities beyond foreign countries to Hong Kong.
Private credit boutique asset manager Monroe Capital has hired a former executive from Aberdeen Standard Investments as its head of Asia.
Signs are mounting that Thomas Gottstein, CEO of Credit Suisse, is on borrowed time after the double hits of Greensill and Archegos.
Numerous local government agencies have made it mandatory for their employees and individuals with whom they work, such as students and tenants, to use a new anti-fraud app, which is spying on its users.
Swiss fintech vestr expands to Singapore via a partnership with Julius Baer to create a digital platform for actively managed certificates.
The institutional grade digital asset exchange received a Recognised Market Operator (RMO) licence from the Monetary Authority of Singapore, the company announced this week.
The crisis surrounding China’s most indebted property developer Evergrande has escalated to new heights after protestors through the country reportedly gathered at various offices to voice their demands.
As Ralph Hamers rounds out his first year running the world’s largest wealth manager, finews.asia looks at why he hasn’t yet left a strong mark.
Insurance, trust and family office conglomerate Lioner has appointed an industry veteran, most recently at Charles Monat, to join as a partner.
There is more restructuring underway for Jack Ma’s Ant Group with Chinese authorities reportedly seeking to break up Alipay, its super app with over 1 billion users.
Citigroup has reportedly hired the former Southeast Asia head of investment banking from Goldman Sachs.
Authorities have rolled out the long-awaited Wealth Management Connect Scheme, enabling freer flow of investment products within the 11-city Greater Bay Area. So, what say the banks? finews.asia takes a look.
DBS group chief executive Piyush Gupta said he was encouraged by the growing focus on issues like social inequity, gender diversity and more, lauding China’s common prosperity focus as «not a bad thing».
The world's biggest art fair is keen to welcome back its art-hungry collectors, while it also champions new formats.
The Hong Kong Monetary Authority formally announced the launch of the much anticipated Wealth Management Connect scheme, a cross-border link that will enable Hong Kong and mainland residents to buy investment products from each other’s markets.
The insurer, a subsidiary of Mitsui Sumitomo Insurance, has named a successor for the top job at the firm.
The Australian government has appointed the members of the new three-person regulator review board including the former Macquarie group chief executive as its chair.
The city, which is currently drafting rules for SPAC listings, wants to limit access for retail investors to buy and trade blank check companies.
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