London-headquartered HSBC has flagged a potential special dividend linked to the sale of its Canada business, after delivering the largest annual dividend in four years in 2022.
Manchester United is up for sale and two investors with solid connections to Switzerland are increasingly likely to face each other in a high-profile bidding war.
HSBC’s wealth unit in Asia benefitted from investments in technology and growth, registering nearly $60 billion in net new assets in 2022.
Despite higher revenues and lower costs, HSBC reported a decrease in pre-tax profits for 2022 due to a significant boost in credit-related charges.
Switzerland's financial regulator is reportedly reviewing comments made by Credit Suisse's chairman about outflows at the troubled lender in late 2022.
Crypto exchange Huobi has recently been signaling bullishness about opportunities in Hong Kong, with plans to move its regional headquarters to the city, increase headcount and more.
Hong Kong’s securities regulator has launched a round of consultation for crypto requirement proposals which include enabling retail access to major tokens.
A London court of appeals rejected claims of a former Credit Suisse employee arrested in Romania for alleged espionage.
Financial industry regulators release draft capital management measures categorizing institutional disclosure requirements by size. finews.asia looks at where things are headed.
The founder of boutique bank China Renaissance is missing, sparking worries of a renewed crackdown in the financial sector.
South Korean crypto entrepreneur Do Hyeong Kwon allegedly used the services of a Swiss bank to exchange $100 million worth of bitcoin. The SEC is investigating.
Credit Suisse was spared further credit rating downgrades despite announcing billions of dollars in losses last year. Nevertheless, institutional investors are casting a wary eye over the troubled institution.
Web3 developments are only in their early stages with much more potential to disrupt and decentralize, according to Whampoa Digital’s Jeffrey Ma, calling the current period «the very tip of the iceberg».
Hong Kong-headquartered FWD Group has agreed to take a majority stake in Malaysian insurer Gibraltar BSN Life.
The Asia profits of Munich-based Allianz climbed higher in 2022, fuelled by various markets in the region including China and Malaysia.
Standard Chartered is reportedly planning to expand its headcount in Hong Kong with anticipation of tailwinds in the wealth management business.
Rising fee income from ESG funds was a bright spot in an otherwise bleak year for asset managers.
In an essay on finews.first, Jian Shi Cortesi outlines the drivers and likely beneficiaries of an expected sharp resurgence in Chinese consumption in 2023.
Singapore-based DBS will further expand its digital asset business with plans to apply for a crypto license in Hong Kong.
The surprise departure of the head of Credit Suisse in Singapore is a worrying sign that the major Swiss bank is facing an exodus almost everywhere in the world. This makes turning the troubled lender around all the more difficult, an analysis by finews.asia shows.
Page 44 of 904
