08/05/2020
Weakening profits (65 percent pre-tax profit plunge in the first half) and rapidly worsening U.S.-China relations are further ensuring that the bank increasingly cannot afford the buffer to always simultaneously appease both sides.
08/05/2020
Junior BDMs can expect to be paid anything from $95,000 to $170,000, depending on where they sit in the sector.
07/31/2020
That’s as regional banks’ profitability is expected to take a hit in the next few years from low interest rates, rising credit costs and operating expenses.
07/31/2020
The comments from Standard Chartered come days before rival lender HSBC is due to publish its own half-year earnings.
07/31/2020
"The government doesn't give people lectures about how they should spend their money that is not the sort of government we are."
07/30/2020
The report added that banks that are not ready to migrate to fourth generation organic digital core technologies are unlikely to meet their digitalisation objectives
07/30/2020
A multitude of options, from burying in the backyard to posh steel-lined vaults.
07/30/2020
VC investors in China to focus on domestic investment Digital platform businesses continue to attract interest
07/30/2020
The Agricultural Bank of China said it had recently suspended new gold-related businesses while Bank of China said it halted new account openings for platinum and palladium trading.
07/29/2020
Subcustodians make cross-border securities investing possible
07/29/2020
Allfunds strengthens its commitment to Corporate Social Responsibility and joins the United Nations Global Compact, the world's largest corporate sustainability initiative.
07/28/2020
The economic data has been good, but it is likely to be more mixed going forward.
07/28/2020
Although deal activity in Asia involving private credit still lags that in the US and Europe, interest in this asset class has risen significantly in recent years.
07/28/2020
Having closely followed Hyflux's restructuring process, Spectrum has determined that the water treatment firm is a good investment candidate for the fund.
07/27/2020
In our fortnightly round-up, one of China's richest men avoids a New York listing and Mukesh Ambani seeks global investors for his retail business
07/27/2020
Top Glove is expected to create Malaysian history soon by announcing the biggest jump in quarterly profit for a listed company.
07/24/2020
The reimposition of a six-week lockdown on five million people in Melbourne
07/24/2020
This is the fifth straight month of year-on-year decline for the country's core inflation.
07/22/2020
This equates to more than USD15 trillion – which is higher than China’s annual GDP. Regionally, 41 per cent of this wealth will be transferred from the Americas, 32 per cent from EMEA and 27.5 per cent from Asia-Pacific.
07/22/2020
Japan’s drive to become Asia’s financial hub is not without its challenges.