Regardless of who is the US election winner in November, there are enough controls within Washington to prevent full fulfillment of an individual’s policy ambitions alongside other more powerful ...

The banking regulator of Australia has proposed replacing the usage of Additional Tier 1 bonds with «more reliable forms of capital» following Credit Suisse’s historic collapse and multi-billion ...

Munich-based insurer Allianz posted higher profits in the first six months of 2024, driven in part by strong growth its life and property-casualty businesses. Allianz Asia Pacific posted an operating ...

A Deloitte report forecasts assets under management increasing by almost three-quarters by the end of the 2020s. In pure numbers, Asia has already overtaken Europe. Some growth trends are more secular ...

After Hong Kong’s virtual lenders debuted in 2020, ZA Bank has become the first among them to record a monthly profit. ZA Bank has become Hong Kong’s first virtual lender to report a monthly profit in ...

Citi has announced a handful of new appointments for its Australia and New Zealand markets business. Dan Birch has joined Citi as director and head of markets sales, New Zealand, according to a ...

Hong Kong’s securities watchdog takes the unusual step of highlighting its licensing regime as a growing number of financial professionals ostensibly make their way back to the city. In certain ...

The family office of Hong Kong's renowned Cheng family has announced the appointment of three co-chiefs, including a son of the patriarch. The three newly created positions form a CEO office for the ...

The asset management arm of London-based financial services group Legal & General has made four new hires in Asia. Legal & General’s asset management division has appointed Russell Huang and Aaron ...

The case of Austrian entrepreneur René Benko plunged the traditional bank into crisis. Now, at least the loan loss could be slightly reduced. Bank Julius Baer might achieve an extraordinary gain of ...

Baltimore-based asset manager T. Rowe Price has hired a former executive from Amundi to join its Korea business. T. Rowe Price has appointed Jeffrey Jeon as senior director, institutional distribution ...