London-headquartered HSBC continues its global pivot with the latest exit from business banking in the US. HSBC will close its business banking unit in the US, according to a statement. «Following a ...

A French financial institution plans to issue its own greenback-linked token as the first major global bank to enter the US dollar stablecoin market. Societe Generale-FORGE (SG-FORGE), the crypto ...

London-headquartered HSBC has named a new head of internal audit to succeed Jonathan Calvert-Davies. HSBC has appointed Russell Jackson as group head of internal audit, according to a statement, ...

David Runacres: «The Real Cost is Regulatory Change» Many financial institutions have forgone internal development of certain technological capabilities in favor of outsourcing due to rapid shifts in ...

A Singapore-based investment banker at Citi is relocating to Sydney for a new role in the US lender’s Australia and New Zealand unit. Citi has appointed John McLean as head of equity capital markets ...

The wealth arm of the Royal Bank of Canada has expanded its Asia frontline with a handful of private bankers covering the Greater China markets. RBC Wealth Management has hired several senior private ...

The investment banking arm of Natixis has announced a promotion, relocating a senior executive to the Hong Kong office for a new role. Vo Dinh will spearhead the acceleration and strengthening of the ...

US banking giant Citi will unload technology jobs in mainland China as part of a broader strategic shift. Citi will reduce the workforce in its China Citi Solution Centers in Shanghai and Dalian by ...

Cyberattacks, such as distributed denial-of-service, are on the rise with the financial sector being the top target for hackers, according to a report by FS-ISAC. The financial services sector in Asia ...

The Asia Pacific region is the leading engine of wealth creation and, thus naturally, also the establishment of new family offices, according to a report by AlTi Tiedemann Global. More than ...

For a long time, Dubai’s rise as a blockchain hub stood in contrast to its real estate market of steel and concrete. Now, more and more companies are merging these two booming industries. When the ...

A family office and former executive of UBS and Credit Suisse has joined a US-headquartered advisory firm. Lansberg Gersick Advisors (LGA) has appointed Thomas Ang as a partner, according to a ...