Deutsche Bank’s appointment as a renminbi clearing bank marks another step in China’s efforts to expand the international use of its currency. Earlier this week, China has appointed Deutsche Bank as the first European bank to serve as a renminbi clearing bank, giving the German lender a more direct role…
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Paymentology, the leading global issuer processor, today announced the successful launch of Apple Pay for GoTyme Bank in the Philippines. Through this launch, GoTyme becomes one of the first issuers…
After an illustrious 16-year career with DBS, Sebastian Paredes, Head of North Asia and CEO of DBS Bank (Hong Kong), will be retiring from executive duties on 1 March 2027….
Coinbase has received Financial Services Permission (FSP) from the FSRA to establish its international tokenization hub in ADGM, the international financial centre of Abu Dhabi, the Capital of the United…
Manulife announced the appointment of Jeremy Young as Chief Distribution Officer, International Brokerage, Global High-Net-Worth, effective immediately. Mr Young has served as Interim Chief Distribution Officer since March, providing strong…
Revolut Bank S.A. (RBSA) has received a full banking licence, following a joint assessment by the ACPR, the French prudential regulator, and the European Central Bank, with the decision adopted…
Allianz Global Investors (“AllianzGI”), announced today that it has entered into an agreement to acquire UOB Asset Management (“UOBAM”), the asset management business of Singapore-headquartered UOB Group (“UOB”). The transaction…
M&G Investments (M&G) today announces the appointment of Luke Chang as General Manager and Head of Intermediary Distribution, Taiwan. Joining today, Luke is based in Taipei and reports to Amy…
Backbase, the company behind the AI-native Banking OS, released the findings of a peer-reviewed study on production-grade banking AI, presented at the 64th Annual Meeting of the Association for Computational…
Manulife Investment Management today announced a series of investment team updates across its Global Emerging Markets Equity organization, reinforcing the depth of its global equity platform and further strengthening its…
Affluent and high-net-worth investors are entering the second half of 2026 with a more measured outlook, balancing the pursuit of returns with a stronger emphasis on resilience as geopolitical tensions,…