FinanceAsia
BDO Unibank keeps customers first with commitment to excellence and innovation. Across the full suite of its universal banking services, BDO Unibank (BDO) has expanded its capabilities both through digital and physical channels. And impressive growth in core and strategic areas earned the bank notable successes in the FinanceAsia Awards 2024.
Malaysia’s net zero transition: expediting ESG | FinanceAsia
Nov 7, 2023 · Malaysia’s Joint Committee on Climate Change (JC3) met last month to explore collaborative action to advance the development of climate resilience within Malaysia’s financial sector. “Sustainable investments are gaining momentum in Malaysia with key investment themes built around the need for accelerating sectoral transition and climate resilience, such as energy transition, circular ...
BPEA Credit closes $475 million fund, its largest to date
Nov 8, 2022 · Closing fundraising at $475 million, the vehicle is the firm’s largest fund to date and is more than three times larger than its predecessor, which closed in 2019, at $140 million. The successful fundraise reflects the steady track record that BPEA has built over the years, managing director and BPEA head of credit, Kanchan Jain, told ...
JP Morgan names new Hong Kong CEO | FinanceAsia
Sep 10, 2024 · Global banking giant JP Morgan has appointed Kam Shing Kwang as CEO for Hong Kong, effective October 1, 2024, as Harshika Patel completes her term after three years, according to internal company memo seen by FinanceAsia.. Kwang, who is currently JP Morgan’s North Asia chairman, will oversee local governance, coordination, and controls, while continuing to foster employee and community ...
Super success: Trust Bank's Singapore launch | FinanceAsia
Oct 5, 2022 · The launch of Trust Bank on September 1, 2022 was a huge success. The brand appeared everywhere in Singapore. People liked the simplicity of the offering and older generations understood it. Sign-ups took off instantly, rocketing to 100,000 newly joined customers aged 18 to 90 within its first 10 days of existence.
Exclusive: China's top ten performing RMB PE and VC funds of the …
Apr 5, 2020 · Working in partnership with CVSource, a Chinese data service, FinanceAsia established which renminbi funds delivered the best performances over the past decade and interviewed the founders of the most successful ones to learn how the industry has evolved and what the future holds for it. Below is a list of the top ten renminbi funds based on return on investment (ROI).
LianLian Pay taps global e-commerce growth - FinanceAsia
Nov 27, 2018 · LianLian Digital, the holding company of LianLian Pay, completed two rounds of funding and raised over $700 million this year from the likes of Sequoia Capital and Boyu Capital. Guo sees huge opportunities to serve Chinese e-commerce businesses as they increasingly look to sell their products overseas. And LianLian Pay is already serving ...
PBOC offers stimulus relief for mortgages, cuts RRR for banks
September 24, 2024. The People’s Bank of China (PBOC) announced stimulus measures for banks and mortgage owners on September 24, as the country scrambles to hit its 2024 annual GDP growth target of 5%. Some of the measures, unveiled by the PBOC governor Pan Gongsheng at a press conference, include cutting the short-term seven-day reverse repo ...
Citi names Robert Stewart as Asia head of equities trading
October 07, 2024. Robert Stewart has been named as Citi’s new Asia South and Japan, Asia North and Australia (Jana) head of equities trading, with immediate effect. As a result, Stewart will relocate from Singapore to Hong Kong. According to Stewart's LinkedIn profile his new position at the US bank is Asia head of equity trading and co-head ...
Pioneering deal creates first pan-Asian reinsurance company
Dec 5, 2006 · Pioneering deal creates first pan-Asian reinsurance company. Asia's first specialty reinsurance company launches with $620 million of capital raised from investors, led by 3i and Khazanah. Asia Capital Holdings, the holding company for Asia Capital Reinsurance Group (ACR), closed a $620 million capital raising on Friday, the largest ever ...