Soaring demand from Chinese investors for offshore investments has left foreign banks and fund managers scrambling to ration outbound-investing quotas, despite the recent sell-off in the US and Japanese markets. …
Singapore faces greater money laundering and terrorism financing risks than other countries because it is an international finance and business hub, Prime Minister Lawrence Wong on Wednesday told a meeting …
Singapore’s banking sector, including wealth management, poses the highest money laundering risk in the city state, the government said in a money laundering risk assessment report published on Thursday. Banks …
Canada’s banking sector is facing further consolidation as National Bank of Canada has reached an all-share deal to acquire Canadian Western Bank that values the lender at about $5 billion. …
Opinions expressed by Entrepreneur contributors are their own. Success in business comes from hard work, determination and effective execution. To derive the most value from their success, however, entrepreneurs need …
Wealthy residents and visitors in Hong Kong are seeking more investment and wealth-management services, buying more insurance and increasing their spending via debit cards amid the market rally this year, …
HSBC sees opportunities to lend against wealthy clients’ private assets, following its acquisition of the UK unit of Silicon Valley Bank (SVB), in a move that leverages its balance sheet …
“After these technology and digital developments are completed, our digital banking capability will increase substantially,” group CEO Helen Wong said at a media briefing in Hong Kong on Wednesday. “This …
Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers at the Swiss investment bank’s two-day conference in Hong Kong that has drawn …
HSBC aims to strengthen the ties between its Hong Kong and Singapore wealth management teams to enhance cross-selling and sharpen their focus on winning more high-net-worth clients and family offices, …