Financial Services

Loyal Valley Capital Raises US$465 Million For Its Second USD Fund

SHANGHAI, Dec. 4, 2019 /PRNewswire/ -- Loyal Valley Capital ("LVC") today announced that Loyal Valley Capital Advantage Fund II LP ("LVC USD Fund II") held a final close at$465 million in capital commitments, including $440 millions of third-party limited partner commitments and approximately $25...

2019-12-04 11:51 2705

Hyundai Motor Unveils 'Strategy 2025' Roadmap to Transition into 'Smart Mobility Solution Provider'

* Hyundai to transition into Smart Mobility Solution Provider by 2025 with two pillars - Smart Mobility Device will expand beyond automobiles to include Personal Air Vehicle (PAV), robotics, last-mile mobility - Smart Mobility Service will offer personalized services and contents on integrated...

2019-12-04 09:47 1395

Zhongliang Holdings Group (2772.HK) Achieved RMB130.5B in First Eleven Months of 2019, up approx. 47% YoY, Exceeded Full Year Sales Target

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- The board of directors of Zhongliang Holdings Group Company Limited (the"Group"; Stock Code: 2772) announced the certain unaudited operating statistics of the Group forNovember 2019. Contracted Sales Achieved RMB130.5B in First Eleven Months of 2019, up ap...

2019-12-04 09:33 13184

CQG Names Benjamin Soong President, APAC and Rick Chang Head of Greater China

Rod Giffen Assumes New Role of Chief Experience Officer as Firm Evolves into Solutions Provider SINGAPORE, CHICAGO and DENVER, Dec. 4, 2019 /PRNewswire/ -- CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, announced t...

2019-12-04 09:00 2870

Pure Gold and Silver Collector Coins Struck for First Time at the Royal Canadian Mint's Winnipeg Facility

WINNIPEG, Manitoba, Dec. 4, 2019 /PRNewswire/ -- For the first time since it opened its doors 43 years ago, the Royal Canadian Mint'sWinnipeg facility has struck pure gold and fine silver numismatic coins. These special collectibles are the product of a unique marriage of expertise betweenWinnip...

2019-12-04 05:27 3999

Reorg Announces Acquisition of Dai1 Media

NEW YORK, Dec. 4, 2019 /PRNewswire/ -- Reorg, a leading financial media and technology company, announced today that it has acquired Dai1 Media, a subscription-based provider of news, insights and analysisregarding China. Terms of the transaction were not disclosed.  "As part of our global growt...

2019-12-04 03:05 3004

AlphaSense Applauded by Frost & Sullivan for its AI-powered Search Platform that Helps Users Find Critical Information from Fragmented Data

The technology empowers knowledge professionals to quickly uncover industry-specific insights from millions of data points, aggregated from difficult-to-search, disparate sources SANTA CLARA, California, Dec. 3, 2019 /PRNewswire/ -- Based on its recent analysis of the North American AI-based ent...

2019-12-03 22:00 1078

BMO Financial Group Increases Common Share Dividend by 3 cents from the prior quarter, up 6 per cent from the prior year

TORONTO, Dec. 3, 2019 /PRNewswire/ -- Bank of Montreal (TSX:BMO) (NYSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.06 per share on paid-up common shares of Bank of Montreal for the first quarter of fiscal year 2020 ("Q1 2020 Dividend"), a3 cent increase fro...

2019-12-03 21:58 12020

BMO Financial Group Reports Fourth Quarter and Fiscal 2019 Results

Financial Results Highlights Fourth Quarter 2019 Compared With Fourth Quarter 2018: * Net income4,5 of $1,194 million, down 30%, reflecting a restructuring charge in the current quarter and a benefit from the remeasurement of an employee benefit liability in the prior year; adjusted net income...

2019-12-03 21:48 12761

Ping An Receives Two Awards from Hong Kong Institute of Directors

HONG KONG and SHANGHAI, Dec. 3, 2019 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) has received two awards at the Directors Of The Year Awards 2019, organized by the Hong Kong Institute of Directors.Ping An's Board of D...

2019-12-03 20:20 13030

HH Global Announces Agreement by Blackstone to Make a £100m Strategic Minority Equity Investment

LONDON, Dec. 3, 2019 /PRNewswire/ -- HH Global (the "Company"), a leading global outsourced marketing execution provider, has reached an agreement with funds managed or advised by Blackstone Tactical Opportunities in relation to a £100m strategic minority equity investment in HH Global. Subject t...

2019-12-03 20:04 1034

Xinhua Silk Road: Chinese Rural Revitalizing 2019 and 1st Forum on BRI Agricultural and Rural Development convened in Hangzhou

HANGZHOU, China, Dec. 3, 2019 /PRNewswire/ -- Chinese Rural Revitalizing 2019 and the First Forum on Belt & Road Initiative Agricultural and Rural Development convened onDecember 1 in Hangzhou, capital of east China's Zhejiang Province. Hosted by the UN Food and Agricultural Organization, Nati...

2019-12-03 12:00 2560

McKay Brothers Adds Market Data Distribution in Mumbai at the Lowest Known Latency

UK and US-sourced futures market data available at Mumbai's BKC data center GENEVA, Dec. 3, 2019 /PRNewswire/ -- McKay Brothers International (MBI) announced an expansion of its lowest known latency market data services toIndia . The Quincy Extreme Data (QED) service now distributes select London ...

2019-12-03 11:00 3059

Visa signs up new partners to make it easier for fintechs to issue plastic and digital payment cards

SINGAPORE, Dec. 3, 2019 /PRNewswire/ --  Visa, the world's leading digital payments technology company, has announced a series of new partners that will make it easier for fintechs to issue payment cards in physical plastic or digital formats. The four new partners have joined the Visa Fintech F...

2019-12-03 09:00 17861

AUB partners with Liquid Group to enable cross-border QR payments between Singapore and the Philippines

* Liquid Group expands its cross-border QR payment network to the Philippines through a strategic collaboration with Asia United Bank (AUB), one of the fastest-growing publicly-listed banks inthe Philippines that have acquired universal banking status. * The partnership will accelerate the ad...

2019-12-03 09:00 4052

OANDA hires David Grant as Chief Operating Officer, Asia Pacific

SINGAPORE, Dec. 3, 2019 /PRNewswire/ -- A global leader in online multi-asset trading services and currency data and analytics,OANDA  is pleased to announce the appointment of industry veteranDavid Grant as Chief Operating Officer, Asia Pacific. Based in Singapore, he will be r...

2019-12-03 08:00 4158

UnionBank Takes Honours at Global Retail Banking Innovation Awards 2019 for Unscrambl-developed Technology

MANILA, Philippines, Dec. 3, 2019 /PRNewswire/ -- Unscrambl , the company democratizing data discovery and insights consumption to accelerate the way businesses make decisions, announced today that its partner, Union Bank ofthe Philippines (UnionBank), has received the...

2019-12-03 08:00 3303

AQUMON helped CMB Wing Lung Bank Launch Hong Kong's First Retail Bank Based Robo Advisor

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- Hong Kong-based fintech company AQUMON has partnered with CMB Wing Lung Bank to launch Wealth-Tech,Hong Kong's first retail bank based robo advisory offering that allows investors access to an automated mutual fund portfolio solution. By combining investmen...

2019-12-03 07:00 8615

HashKey Group and Velotrade Partner to Build Blockchain Platform for Trade Finance

HONG KONG, Dec. 3, 2019 /PRNewswire/ -- In order to add trust, efficiency and speed to its trade finance platform which directly connects SMEs and professional investors, Velotrade Management Limited ("Velotrade") is collaborating with HashKey Digital Asset Group Limited ("HashKey") on implement...

2019-12-03 06:24 3273

underwrite.ai Leverages H2O.ai to Modernize Credit with AI

underwrite.ai Leads with H2O Driverless AI to Radically Outperform Traditional Credit Scorecards MOUNTAIN VIEW, California, Dec. 3, 2019 /PRNewswire/ -- H2O.ai, the open source leader in artificial intelligence (AI) and machine learning, today announced that underwrite.ai, a global provider of a...

2019-12-03 06:00 1620