Blackrock, Temasek to establish China asset management JV
Both companies will create and distribute development products for the Chinese market...
Tag : banking
Virtual banks in Singapore and Hong Kong: Who has the edge?
Hong Kong and Singapore are licencing virtual banks to serve the underserved and unhappily served – with different approaches...
Deutsche Bank poaches Barclays’ top hedge fund managers
Ted Post, a senior executive at Barclays will join Deutsche Bank in New York...
Saxo Bank, Geely Sweden to offer tech solutions to fintechs in China
The joint venture aims to provide financial and regulatory technology solutions to banks and fintechs in China...
Qi Card transforms Iraq’s financial system using electronic payments
Qi Card aims to provide identity management to government and citizens in a fast and secure manner...
Vodafone to turn M-Pesa into a bank to target Africa’s unbanked
Currently, M-Pesa accounts for 3.5% of Vodacom’s revenue...
Mastercard, SABB partner to enhance international payments
SABB customers can send money to more than 100 countries through Mastercard Send for Cross-Border...
Saudi Arabia’s NCB and Riyadh Bank end merger talks
The two Saudi banks failed to agree on a valuation...
UOB, DBS lend $945 mn green loan to Allianz, Gaw
Singapore banks along with Standard Chartered will finance both companies’ $1.575 billion joint acquisition of Duo Tower and Duo Galleria...
Alibaba-backed WeLab secures $156 mn funding to invest in R&D
The fintech startup has received the funding from Alibaba Hong Kong Entrepreneurs Fund and China Construction Bank...