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Business

Financial services will enjoy a Brexit boom if the regulators let us take advantage of the opportunities it presents

It’s easy to forget that it’s not just politicians who disagree about the opportunities and challenges posed by Britain’s imminent departure from the European Union. Brexit is the UK’s chance to amplify its global financial influence, but many in the […]

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December 21, 2020
Hong Kong stock exchange boss Charles Li hints he will set up his own financial business after leaving the bourse

Charles Li Xiaojia will step down as chief executive of HKEX in two weeks. Photo: Nora Tam Charles Li Xiaojia hinted on Monday that he would set up his own financial business based in Hong Kong after he steps down […]

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December 14, 2020
Standard Chartered opens Singapore lab to arm employees with digital skills

Standard Chartered (StanChart) is looking to boost the skillsets of its workforce in Singapore with the launch of a new training lab. The British bank hopes to train 8,000 of its employees here across a range of digital skillsets, including […]

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December 6, 2020
Britain Delays New Bank And Investment Rules To 2022

A view of Canary Wharf business district in London, Britain, October 14, 2020. REUTERS/Matthew Childs New capital rules for banks and investment firms will be implemented at the start of 2022, six months later than originally indicated to give industry […]

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November 25, 2020
Rwanda recruits Tidjane Thiam to boost Kigali’s finance offer

CEO Tidjane Thiam of Swiss bank Credit Suisse addresses the bank’s annual shareholder meeting in Zurich, Switzerland April 27, 2018. REUTERS/Arnd Wiegmann The former Credit Suisse boss has just been appointed Chairman of the Board of Directors of Rwanda Finance […]

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November 18, 2020
FCMB wins “Best SME Bank in Africa” Award

First City Monument Bank (FCMB), a foremost financial services provider in Nigeria, has been voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment. The bank won the prestigious award […]

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November 10, 2020
Estonia central bank talks CBDC research project, combating digital currency fraud

The Estonian central bank announced earlier this month that it had launched a research project into a central bank digital currency. Known as Eesti Pank, the bank revealed it would look into how its e-government technology could be integrated into […]

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November 2, 2020
New Citibank Korea CEO stresses risk management

Citibank Korea Yoo Myung-soon, the new CEO of Citibank Korea — the local branch of New York-based Citigroup — urged the bank’s leaders as well as employees to ramp up efforts to counter potential managing risks for consumer protection in […]

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October 30, 2020
UK should tweak financial rules to stay competitive after Brexit, says study

FILE PHOTO: A worker walks past office skyscrapers in the City of London financial district, London, Britain, January 25, 2018. Picture taken January 25, 2018. REUTERS/Toby Melville Britain accounted for nearly a third of financial activity in the European Union, […]

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October 19, 2020
Low rates and lending slump threaten HSBC’s long-term dividend ambitions

FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid/File Photo HSBC HSBA.L shareholders face a future of paltry payouts when regulators restore its powers to pay […]

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October 10, 2020
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