Alibaba’s payments offshoot has grown into a $200 bln-plus digital middleman for loans, funds and insurance. That’s allowed it to avoid the dodgy credit and opaque transactions which weigh down ... ( read original story ...)
Huawei Releases Banking Resilience Index for 2020 and Beyond
Measuring the Banking Industry's Rises to the New Normal SHANGHAI, Sept. 26, 2020 /PRNewswire/ -- At HUAWEI CONNECT 2020, International Data Corporation (IDC), the premier global provider of market ... ( read original story ...)
China needs to step up global financial integration – FX regulator
China needs to further open its capital markets and financial industry to avoid being globally isolated，a senior foreign exchange regulator said on Saturday. ( read original story ...)
HK financial system ‘resilient’ as city moves up in world ranking
Hong Kong has moved up a notch to fifth place in terms of comprehensive competitiveness among 111 financial centers in the world. ( read original story ...)
New York stays ahead of London in top financial centers survey
New York retained the top spot in a survey of global financial centers on Friday, with London strengthening its position in second place just over three months before Britain's full departure from the ... ( read original story ...)
Breakingviews – Corona Capital: Financial centers, Costco
Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. ( read original story ...)
London is closing in on New York’s ranking as the world’s number 1 financial center, this survey says
The Global Financial Centres Index 28 shows London lags New York as the world's biggest financial center by only four ratings. ( read original story ...)