A combination of traditional banking values and omni-channel seamless customer service will ensure that vanilla commercial banks will always be an important part of the global economy.
Custodian Banks are used by their customers for the safekeeping of proprietary and third-party interests in securities; the settlement and clearing of securities trades; ancillary services including corporate action processing; securities lending and collateral management.
In the immediate aftermath of the global financial crisis, a chorus of bankers reaffirmed their commitment to global universal banking because it helped smooth revenue volatility. Since then, a host of regulation, from structural reform to tougher capital and leverage ratios, has changed the game.
In recent days, China has approved 32 foreign institutions to invest in its domestic bond market worth USD 5.9 tn, mainly via the QFII (Qualified Foreign Institutional Investor) and RQFII (Renminbi Qualified Foreign Institutional Investor) schemes.
Following the slowdown in recruitment activity before the Chinese New Year, an increasing number of jobs are becoming available in the accountancy, finance, and banking sectors in Asia. Here are the latest skills in demand across the region from the Hays Quarterly Report.
Before I founded Anagram Group and became a corporate trainer/coach, I spent over 15 years in the banking industry working for some of the world's largest banks.
Bitcoin (BTC) is a decentralised virtual cryptocurrency and digital commodity money, operating on a bi-directional flow where it can be traded for various fiat currencies like the Singapore Dollar, Japanese Yen, Euro, or US Dollar.
Singapore recently played host to the launch of the ICC Academy, established to provide certified business education, initially in banking and trade finance.
The Guangdong Free Trade Zone (FTZ) opens on March 18, according to a trade association in the province. This is expected to deepen economic integration between Guangdong, Macau, and Hong Kong.
Job opportunities in the accountancy, finance, and banking sectors are growing as many international companies continue to invest in the Asia-Pacific region. Here are the skills in demand across the region.
The proposed Shanghai-Hong Kong Connect is a potential game-changer for the world's second-largest economy to entrench itself as Asia's dominant financial hub, but don't count Singapore out of contention.
Fear of losing market share sparks constant vigilance among financial services firms, but lately attention has been shifting from traditional competitors to threats from an entirely new sector: social media.
Mobile is fast becoming part of a long-term strategy for banks, financial institutions, and merchants with the rapid convergence of mobile devices, internet, and eCommerce. It represents an opportunity for businesses to achieve considerable growth and satisfy growing expectations of consumers.
Acquisition and Leveraged Finance, in a broad sense, involves debt being raised from banks (mostly) to fund an acquisition, based primarily on the financial strengths and credit-worthiness of the target.
Commentary
Mitigating the troublesome lack of funding for SMEs
Mitigating the troublesome lack of funding for SMEs
Changing career paths in Asia's banking and financial services sector
The future of banking: More traditional than you'd think
Securities screening and its role in financial crime mitigation
Death of the global bank?
What's driving job creation in finance in Asia?
What you need to know about China's "Q-expansion"
Does Asia's finance and banking market seek your skills?
How focusing on my employees cost me a promotion
Bitcoin: Fact versus fiction and its implications for Asian economies
Meeting the high demand for skills in Asian banking
New FTZs paving the way for a freer China
Here are the banking and finance skills in demand now in Asia
Asian financial crown within Singapore's reach
What can financial firms learn from social networks?
Understanding Asia's multi-tiered mobile payments market
What you need to know about Acquisition and Leveraged Finance in India