Financial Services

Hong Kong overtakes Singapore as Asia’s premier wealth management hub

The Lion City is a ‘stagnating’ centre, says Deloitte.

Japan’s megabanks saw 22.3% profit surge to ¥718.86 in 4Q14

Thanks to lower credit costs and growing overseas business.

Don’t rank Singapore with delinquent debtors, Temasek tells S&P

S&P’s new credit rating framework gives rise to "serious concerns".

Great Eastern’s profit surged 30% to $878.6m in FY14

Thanks to higher profits from its insurance segment.

Sakae to establish $250m asset management business

To complement its financial services business.

MAS inks MOU with Central Bank of Myanmar to strengthen bilateral ties

After CBM’s banking liberalisation programme in 2014.

Banks under threat from aggressive fintech start-ups

Non-bank players are clinching a larger market share.