Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
DBS Hong Kong taps China markets veteran Kyle Tan to helm global financial markets
DBS Bank (Hong Kong) announced on Friday the appointment of China banking expert Kyle Tan as the managing director and head of global financial markets, succeeding Jeremy Kok, effective on September 1. SCROLL TO CONTINUE WITH CONTENT Tan has almost…
Sibling rivalry: When parents play financial favourites
Do your parents have a favourite child and give them more money, gifts or help? Financial favouritism can cause jealousy and resentment long into adulthood and, in some cases, even spark legal disputes after a parent dies. But experts say there are…
What is soft saving? Here are the pros and cons of this finance trend
'Soft saving is basically spending your money first on what you want and then saving whatever's left,' explains the financial planner. 'Some people are able to save a regular amount, but there's no strict rule and it's not necessarily the same…
Why Turning 40 Is A Financial Wake-Up Call For Single Professionals
40-year old professional making financial moves Being in New York, I know many single professionals who are either approaching 40 or just passed that milestone. Single professionals are an often-neglected group in financial literature, and I've…
UK households will take £2,400 financial hit from Iran war, analysis shows
UK households will have suffered a £2,400 financial hit, on average, from the Iran war by the end of 2027, new analysis shows. The Centre for Economics and Business Research (CEBR) has calculated that the jump in inflation since the conflict…
HK offers common law expertise to support new Uzbekistan financial center
Hong Kong has offered its expertise to assist Uzbekistan in applying principles of English common law and equity within its jurisdiction for the planned Tashkent International Financial Centre (TIFC) International Commercial Court during a trip led…
Israel US Apache helicopter deal delayed by IDF Finance Ministry budget dispute
With questions raised by various leaks on Sunday about whether the Finance Ministry's delay in a NIS 15 billion payment has already broken a contract signed between Israel and the US for Apache helicopters, The Jerusalem Post was told by an IDF…
Nirmala Sitharaman in U.S. Asheville city for G-20 finance ministerial meet
Finance Minister Nirmala Sitharaman arrived in the U.S. city of Asheville in North Carolina for the G-20 finance ministerial meeting, which will focus on global growth against the backdrop of conflicts in West Asia and Europe. Ms. Sitharaman is…
State-backed investment account could be made available to children in future
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A state-backed investment account specifically for…
CIMB Just Settled $342M in Tokenized Sukuk Using Tokenized Deposits. Malaysia's Islamic Finance Market Is the Testing Ground.
CIMB Islamic Bank Berhad has executed the first tokenized deposit settlement of tokenized sukuk in Malaysia, marking a significant operational shift for the world's largest domestic sukuk primary market. The transaction involved RM1.38 billion…
EXCLUSIVE: Prince Harry and Meghan Markle Face 'Financial Strain' as Costly UK Return Looms
Prince Harry and Meghan Markle are feared to be facing a potentially punishing financial balancing act as they prepare for their new life in Britain – while maintaining an expensive property portfolio and multimillion-dollar lifestyle. As…
State-backed investment account could be made available to children in future
A state-backed investment account specifically for children could be made available in the future following plans to roll out a savings and investment scheme for over-18s. Tánaiste and Minister for Finance Simon Harris will publish details…
Alleged financial irregularities put Kannur CPI(M) education society under scrutiny
Allegations of financial irregularities and lack of transparency have put the Kannur district leadership of the CPI(M) on the defensive over the functioning of the CPI(M)-led North Malabar Educational Society, which collected share contributions to…
Media Buying Briefing: Linda Boff on the power of independent agencies, and the need for financial discipline
Boff believes in creative tension that's not “acerbic,” as she put it, and ran her marketing at GE with a variety of agencies to come up with the solutions that worked best for that industrial giant's needs. “I found it very…
Why the US may be heading for a financial crisis
Last Sunday night I woke up sweating at around 1am after a particularly bad nightmare. Usually, I cannot get back to sleep easily, but this time I was so deeply into sleep mode that I had to fight to stay awake. I certainly did not want to go back…
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