08/31/2020
China's Big Banks Brace for Lagging COVID-19 Risks as Bad Loans Rise
"the lagging impact of the epidemic and the risk of uncertainty are expected to be further transmitted to the banking industry,"
08/31/2020
"the lagging impact of the epidemic and the risk of uncertainty are expected to be further transmitted to the banking industry,"
08/31/2020
This year's annual meeting of global central bankers at Jackson Hole, Wyoming, like so much this year, has been unprecedented.
08/31/2020
China's clampdown on Hong Kong has left western banks there walking a tightrope after the US imposed sanctions it says are designed to protect freedom of speech.
08/30/2020
Leaders like to talk about autonomy, but few actually know how to put employees in power.
08/28/2020
Sivakumar Saravan and Liew Kin Meng of Crowe Singapore explore how the country’s favourable investment climate is attractive to ultra-high net worth individuals and families.
08/28/2020
Hong Kong lost 0.8% with HSBC taking a hit after being slammed by US Secretary of State Mike Pompeo over reports it had frozen access to credit card and bank accounts for executives of independent media group Next Media
08/28/2020
Goldman Sachs’ Timothy Moe, however, warns that the focus on banking stocks may be a detriment instead.
08/28/2020
The survey of sovereign wealth and central bank asset managers across 139 institutions showed close on half now believe ETFs are the most attractive method of equity implementation.
08/27/2020
Client-facing capabilities aside, the bank is also pushing digital transformation
08/27/2020
China’s central bank digital currency, trialled in four cities and soon to be expanded to Beijing, Tianjin, Hong Kong and Macau, will not be a game changer, says Eswar Prasad.
08/26/2020
The recent work-from-home arrangements point to the rise and potential of digital channels as tools for creating awareness, sharing market and fund information, and closing fund transactions.
08/26/2020
Robo-advisors are digital wealth management platforms providing automated advice and allowing standalone robo-advisors or banks to scale to reach a larger number of clients.
08/25/2020
Over the weekend, the CBIRC noted that the banking sector had already sacrificed more than 870 billion yuan of profits in the first seven months of 2020.
08/25/2020
The reports helped push the tech-heavy Nasdaq to yet another record on Friday, while the broader S&P 500 also reached a new high.
08/23/2020
Some fund managers are bracing for defaults on domestic Chinese debt
08/23/2020
Banking regulator pledges opening up the Chinese financial sector
08/23/2020
Full-year sovereign sukuk issuance expected to rise by more than 40% to $92 billion
08/23/2020
A fund sold by your bank is unlikely to be the best place to invest, so shop around for a better deal
08/23/2020
Beijing, far from liberalizing, is cracking down on dissent inside and outside its borders.
08/23/2020
Filipinos are bracing themselves for increasing government debt as the coronavirus unleashes an unprecedented havoc on Philippine society that quickly moved from a health crisis into a full-blown economic recession.