HSBC asset management appoints new CEO for Apac and Hong Kong
HSBC appointed Daisy Ho, who will replace Pedro Bastros...
Tag : Asia Pacific
Consumer use of digital banking accelerates in Asia–Pacific: McKinsey
Number of digital banking users in APac rose from 54% in 2017 to 88% in 2021...
Reinsurance M&A to surge in Asia Pacific in 2021
Around 38 M&A deals were completed during the first half of 2020 in APac...
Cathay Pacific shareholders approve plan to raise $5 bn bailout package
The decision was made during a general meeting held on July 13...
MidEast and APAC aviation sector to lose $36.4 bn in revenue
The estimated losses are 10% higher than previously forecasted, according to Airports Council International (ACI)...
Hong Kong will still be Asia’s financial hub despite the unrest
Hong Kong is China’s window to the wider world and its goose that lays golden eggs – China won’t risk losing it...
CBRE Global raises $900 mn to invest in Asia-Pacific real estate
Sovereign wealth funds and investors from Europe, North America and ME commit to the CBRE’s fund...
Deutsche hires senior leaders to improve trade finance in APAC
The bank appointed Chintan Shah as the head of cash management and Sebastien Avot as the head of trade finance...
Coronavirus could see Asian airlines lose $27.8 bn in revenue
According to the International Air Transport Association, Chinese carriers alone could suffer losses of around $12.8 bn...
Singapore’s Portal launches fund targeted at APac HNWIs
Portal Digital Fund operates on the basis of a fund-of-funds structure and aims to have $100 mn in funds in the future...