RBC Wealth Management Bolsters Asia Expansion
RBC Wealth Management Bolsters Asia Expansion RBC Wealth Management is stepping up its recruitment drive in Asia, appointing…
The traditional bank account is facing an existential threat from digital wallets
Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could…
RBA asks StanChart pension to review new ex-staff claims
The Retirement Benefits Authority (RBA) has directed trustees of Standard Chartered Kenya Pension Fund to undertake an independent…
Singapore’s AI-job cuts debate flares over ‘lower-value human capital’ remark
The cuts have made one question more urgent for Singapore: can its goal to train workers to take…
HSBC’s CEO says AI will both create and destroy financial industry jobs
HSBC’s top boss says artificial intelligence will both destroy and create certain jobs in the financial industry, but…
Analysts doubt Iran war will prompt China stimulus, tip ‘solid’ first-quarter GDP growth
The US-Israeli war on Iran and the current Iranian and American blockades of shipping through the Strait of…
How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends…
China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
Hong Kong interbank rates forecast to drop on expected US monetary easing in 2026
The US Federal Reserve under a new chairman in 2026 is expected to press ahead with interest rate…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
Foreign banks raise China GDP forecast, Goldman Sachs says 2025 target ‘largely on track’
Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected…