04/08/2020
The raising, which implies a valuation of more than $113 million for the company, comes after rival neobank Xinja last month said it had secured $433 million in funding from a Dubai-based investor, with the funds to be paid over two years.
04/06/2020
Hsieh Fu Hua, chairman of ACR, said he was very pleased with the speed and efficiency with which this transaction was handled.
04/06/2020
Bonds, gold and cash are the traditional stores of value, but even their performance has been erratic amid Covid-19
04/06/2020
The new team will be led by Louis Poon, who has been appointed as Head of Hong Kong, having newly-joined the firm, and Stephanie Chan, who has also newly joined Allfunds as Head of Client Services, Hong Kong.
04/03/2020
Paris-based BNP Paribas Securities Services had US$11.8 trillion of assets under custody and $2.8 trillion of assets under administration as of end-December, with 10,484 funds administered.
04/03/2020
The triple hit to the global economy almost guarantees 2020 will be a lost economic year, with policymakers needing to pull out all the stops to address a real, global recession.