Swiss private banking executives have acknowledged Hong Kong’s growing prominence as a global cross-border wealth-management hub, as geopolitical tensions prompt wealthy clients to diversify not only their investments but also where their assets are held. “The race is on,” said Giorgio Pradelli, CEO of Swiss private bank EFG International, during a panel discussion on Wednesday at the Global…
As telematics adoption grows and data becomes more available, commercial auto insurers are exploring ways to help fleets reduce risk before losses occur.
Treasury/cash management FinTech Embat has launched a new partnership with J.P. Morgan Payments. Embat announced Wednesday (Nov. 4) that it has integrated J.P.
Follow the SCMP’s live coverage here Democrats won control of both chambers of the US Congress in Tuesday’s midterm elections, dealing a heavy blow to President Donald Trump as voters vented…
BMW on Wednesday reported a fall in profits the day after issuing its second profit warning of the year as Chinese competition shakes the global car industry.
