Sumeet Chatterjee
Stories by Sumeet Chatterjee
Grab eyes Singapore banking licence as regulator mulls virtual lenders
MAS is studying the potential for allowing "digital-only banks with non-bank parentage."
JPMorgan gives additional role to its Asia private banking chief
JPMorgan's Kam Shing Kwang will take on additional investment banking role.
China’s Baoshang takeover seen as precursor to small bank consolidation
Mergers of weaker small banks with stronger peers is seen by analysts as the best option for a sector reeling from rising bad loans and funding costs.
HSBC plans to beef up Asia retail wealth headcount, mulls SG expansion
HSBC, which makes more than 80% of its profit in Asia, will boost its wealth staff in Singapore by 50 and launch new digital offerings this year.
Asian billionaires spruce up demand for boutique wealth managers
Asia Pacific saw total household wealth grow 3% last year from a year ago.
Credit Suisse sets up family office services unit for Greater China’s rich
Demand continues to surge among rich Asians wanting to set up investment vehicles and plan business succession.
Asia’s internet giants zoom in on main street banking
HK's banking regulator last month issued one of four so-called virtual banking licences to ZhongAn in what could be the biggest shake-up in years in a
Morgan Stanley to become top shareholder in China fund management JV
Moves by Morgan Stanley to boost ownership in the fund venture comes as China is opening up its financial sector worth trillions of dollars.
JPMorgan, Nomura secure approvals to set up China brokerage JVs
JPMorgan and Nomura applied to set up majority-controlled joint ventures in China last year.
StanChart CEO Winters bullish on launching HK virtual bank later this year
He also observed that fears over a slowdown in Chinese economic growth and the impact of the Sino-United States trade tensions were “receding a bit�
