Banking/Financial Service

AppliedAI and McKinsey & Company collaborate to rapidly rewire regulated enterprise processes with AI

* The collaboration pairs McKinsey's transformation expertise, including QuantumBlack, withOpus , AppliedAI's Agentic Process Execution (APX) platform, to deploy governed, auditable workflows in regulated industries. * A joint deployment with a leading European chemicals man...

2026-05-22 17:42 5346

Tencent Partners with Kyrgyzstan's Eldik Bank to Further Expand Cross-Border Payment Network in Central Asia

XI'AN, China, May 22, 2026 /PRNewswire/ -- Tencent's cross-border payment platformTenPay Global signed a Memorandum of Understanding (MoU) with Eldik Bank of the Kyrgyz Republic at the 10th Silk Road International Expo held in Xi'an. This marks another significant progress after its recent partne...

2026-05-22 16:00 5496

Manulife Hong Kong and Macau Announces CEO Succession

Appoints Wilton Kee as Chief Executive Officer, Succeeding Patrick Graham  HONG KONG, May 22, 2026 /PRNewswire/ -- Manulife Hong Kong and Macau today announced strategic changes to its senior leadership team with Wilton Kee appointed to succeed Patrick Graham asChief Executive Officer, Manulife H...

2026-05-22 10:26 9488

BAI Capital Announces First Close of New US$800 Million Fund, Continues to Back Asia Growth and Globalization Opportunities

BEIJING, May 22, 2026 /PRNewswire/ -- BAI Capital today announced the first close of its latest USD fund, targeting US$800 million. The first close reached US$600 million in commitments. At a time when global capital allocation has become more disciplined and growth investing is refocusing on com...

2026-05-22 09:00 4657

Riverchain Partners with Micro Connect to Scale Working Capital for Construction Contractors

HONG KONG, May 22, 2026 /PRNewswire/ -- Riverchain International Limited ("Riverchain" or the "Company"), a Hong Kong-based fintech specialising in working capital solutions for construction companies, today announced a strategic partnership with Micro Connect, which connects global capital with ...

2026-05-22 09:00 5157

Manulife Hong Kong and Macau Announces CEO Succession

Appoints Wilton Kee as Chief Executive Officer, Succeeding Patrick Graham  HONG KONG, May 22, 2026 /PRNewswire/ -- Manulife Hong Kong and Macau today announced strategic changes to its senior leadership team with Wilton Kee appointed to succeed Patrick Graham asChief Executive Officer, Manulife H...

2026-05-22 07:00 8673

Rendeavour becomes the African Continental Free Trade Area's inaugural implementation partner for African industrialisation and trade infrastructure

LOMÉ, Togo, May 22, 2026 /PRNewswire/ -- The African Continental Free Trade Area (AfCFTA) Secretariat has partnered with Rendeavour , Africa's new city builder, to support the implementation of the AfCFTA through infrastructure-led industriali...

2026-05-22 03:43 4824

Two‑day Global Prosperity Summit 2026 concludes successfully

Second-day highlights: digital finance, international trade, aerospace development HONG KONG, May 21, 2026 /PRNewswire/ -- The two‑day Global Prosperity Summit 2026 (GPS 2026) successfully concluded today following three fruitful panel discussions. The second day's agenda focused on digital fina...

2026-05-21 22:13 6676

NYSE Content Update: Lincoln International Pops by 13% in First Day of Trade

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, May 21, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins...

2026-05-21 21:04 11650

K25.ai, Led by Tech Veteran Andy Cheung, Eyes Public Listing as World's First Prediction Market After $100M Valuation Investment from Nasdaq-Listed Strategic Partner

Nasdaq-listed NIVF has made an initial US$2 million strategic investment in K25.ai (with an option for up to US$10M). K25.ai co-founders will join NIVF's board to support deeper strategic alignment, as the partnership accelerates K25.ai's AI-native watch-to-predict platform and APAC expansion. K2...

2026-05-21 21:00 13937

Metis Marks 10th Anniversary in the Cook Islands with Exclusive Local Media Feature

HONG KONG, May 21, 2026 /PRNewswire/ -- Metis Global (Cook Islands) Limited ("Metis CI"), a subsidiary of the globally renowned financial trust institution Metis Global Group ("Metis"), recently celebrated a major milestone, marking its 10th anniversary of operations. To commemorate this special ...

2026-05-21 20:34 4791

Cantor Receives ADGM Approval, Expanding Middle East Investment Banking Platform

Strengthens cross-border investment and capital formation capabilities connecting the Middle East with global markets NEW YORK and ABU DHABI, UAE, May 21, 2026 /PRNewswire/ -- Cantor, a premier global investment bank and part of the Cantor Fitzgerald group of companies, today announced that The ...

2026-05-21 20:10 3846

Fosun International Included in S&P Global Sustainability Yearbook (China Edition) 2026, Maintains Top 1% Ranking for Third Consecutive Year

HONG KONG, May 21, 2026 /PRNewswire/ -- On 21 May 2026, S&P Global hosted the "Sustainability Yearbook (China Edition) 2026 Launch Ceremony and Sustainability Forum" in Shanghai. Fosun International Limited (Hong Kong Stock Exchange stock code: 00656, "Fosun International") was included in the S&...

2026-05-21 16:47 6752

Trusting the Process: How the HR Asia Best Companies to Work for in Asia 2026 Winners are Rebuilding the Hong Kong Workplace Culture from Within

HONG KONG, May 21, 2026 /PRNewswire/ -- HR Asia Best Companies to Work for in Asia organised by Business Media International has officially announced the winners of 2026 Hong Kong, highlighting 50 companies that have turned the city's complex labor challenges into a strategic advantage. While the...

2026-05-21 16:28 5503

Markel appoints Danny O'Donoghue to Head of Fine Art & Specie for its London operations

LONDON, May 21, 2026 /PRNewswire/ -- Markel Insurance, the insurance operation within Markel Group Inc. (NYSE:MKL), today announced the appointment of Danny O'Donoghue to Head of Fine Art & Specie, effective immediately.

2026-05-21 15:00 4824

Labuan IBFC Inc. and ASAS collaborate on Islamic finance training

This initiative highlights Labuan IBFC's role in advancing Islamic finance, digital asset innovation and cross-border wealth solutions KUALA LUMPUR, Malaysia, May 21, 2026 /PRNewswire/ -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc.), the official marketing agency for Labuan International ...

2026-05-21 13:58 3657

FinVolution Group Named "Most Honored Company", Wins All Six Categories in Extel's 2026 Asia Executive Team Awards

SHANGHAI, May 21, 2026 /PRNewswire/ -- FinVolution Group, a leading fintech company, has been named a "Most Honored Company" in the Non-Bank Finance sector for the second consecutive year in Extel's 2026 Asia Executive Team Awards. The Company also received top honors in all five individual and t...

2026-05-21 12:50 3688

GLOBAL STUDY FINDS WIDENING GAP BETWEEN AI AMBITION AND WORKFORCE READINESS

* 45% of leaders expect AI agents in workflows within a year; only 30% of workers say the same * Just 22% of leaders are highly confident their organizations are developing future-ready capabilities within the workforce * Only 36% of leaders say their talent strategy clearly demonstrates tha...

2026-05-21 12:45 5653

VISTA GLOBAL EXPANDS GREATER CHINA FOOTPRINT WITH 32% ANNUAL TRAFFIC GROWTH

HONG KONG and SHANGHAI, May 21, 2026 /PRNewswire/ -- Vista, the world's leading private aviation group, earlier this week unveiled its new flagship Bombardier Global 8000 to media and key stakeholders through an exclusive tour across Hong Kong and Shanghai.

2026-05-21 10:00 4138

Cohen & Steers Announces Strategic Partnership with J.P. Morgan to Expand Access to Short Duration Hybrid Credit SICAV Strategy

NEW YORK, May 21, 2026 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS), today announced it is partnering with J.P. Morgan to provide access to the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund for investors outside the United States across J.P. Morgan's global wealth management...

2026-05-21 09:00 5274
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