09/27/2019
The technological joint venture is expected to drive the accelerated transformation and scalable development of CICC’s wealth management business with digital and fintech capabilities," the bank says in a statement on September 24.
09/27/2019
QNB, which received approval for the branch from the Hong Kong Monetary Authority, said it would provide a full range of banking products and services and that the launch was part of an international expansion plan to establish a foothold in key markets
09/27/2019
IOOF sold its AET corporate trust business for $51.6 million to Sargon last year.
09/26/2019
Under a 10 September notice published on Friday, centrally-administered SOEs – including financial institutions – are required to transfer 10 percent of their state-owned equity to the social security fund by year-end.
09/25/2019
This report provides a brief overview of the three areas of financial benchmark reforms, summarises the results of the WGFM survey and the discussion among EMEAP members and private financial institutions, as well as identifies risk scenarios and proposes
09/25/2019
The development of a digital coin required further "research, testing, trials, assessments and risk prevention", Yi said at a press conference in Beijing.
09/25/2019
APRA had sought to resolve concerns with IOOF over several years
09/25/2019
The ECB in particular has eased aggressively, lowering its deposit rate by 10 basis points to a record low of -0.5%.
09/24/2019
The Swiss bank was apparently looking to ensure that Khan didn't poach clients or key staff during the three-month period between leaving Credit Suisse and joining UBS, the Swiss paper reported.
09/24/2019
APRA left the door open for an appeal and, despite losing the case, praised IOOF for the changes it has implemented since the action was launched.
09/24/2019
HSBC China head David Liao will go on a tour of mainland media outlets to build relationships and place more ads.
09/24/2019
The mood at the first panel was fairly celebratory, with several Hong Kong and Guangdong government officials discussing what they bring to green finance in the Greater Bay Area around the Pearl River Delta.
09/23/2019
Approval would be required when taking stakes in strategically important industries
09/23/2019
China stands ready to constantly boost its cooperation with the Bahamas in such areas as trade, investment, culture, education, tourism, agriculture and infrastructure, he said.
09/23/2019
The new rule became effective on September 16 but asset managers were given advance notice of the move.
09/20/2019
Market watchers look to more monetary stimulus as more economies feel the bite of the US-China trade war and tepid expansion
09/20/2019
Fluent in Cantonese, Mr Vickers has dealt with everything from kidnappings to extortion and runs Steve Vickers and Associates Limited, a risk mitigation, corporate intelligence and security consultancy.
09/20/2019
Clearly an important pre-condition for a risk management hub is to have money or capital flowing through Hong Kong.
09/20/2019
The RBI has now issued a set of revised instructions that banks must follow to set up concurrent audits.
09/20/2019
Australian Executor Trustees was also subject to the legal action, but was not mentioned in IOOF's ASX statement regarding today's decision.