Tuesday, 19 March 2024

PEOPLE Monday, 3 July 2023 08:49

UBS Loses 30-Year Credit Suisse Dealmaking Veteran

An investment banker who was with Credit Suisse for three decades is leaving UBS after it formally took over the troubled Swiss bank earlier this month.

PEOPLE Friday, 30 June 2023 15:59

Northern Trust Asset Management Names Int'l Head

Northern Trust Asset Management has announced a new head of its international business, as part of organisational changes under new leadership. 

FINANCE Friday, 30 June 2023 15:16

BNP Paribas Receives Politician Call Over E-Yuan

Politics continue to play a role in banking with Paris-based BNP Paribas reportedly receiving a call from a US politician regarding its involvement in the Chinese digital yuan.

FINANCE Friday, 30 June 2023 13:33

Using AI Bots to Stop Money Laundering

An influential consultancy maintains that good tech needs to fight bad tech when it comes to financial crime. finews.asia takes a look.

PEOPLE Friday, 30 June 2023 11:20

Mox Appoints COO

Hong Kong virtual bank Mox has announced an internal promotion to the role of chief operating officer.

PEOPLE Friday, 30 June 2023 10:23

Colm Kelleher Calls on an Old Friend for Help

An old Morgan Stanley pal of Colm Kelleher has been given what might be the most difficult job that UBS currently has to offer. He has already bailed out the chairman once.

FINANCE Friday, 30 June 2023 09:50

CS Names Investment Banking Committee Members

Credit Suisse has reportedly appointed an investment banking management committee to oversee integration with UBS.

FINANCE Friday, 30 June 2023 09:25

Geneva Prosecuter Dropping Credit Suisse Laundering Case

UBS appears set to have one less legacy legal case from Credit Suisse. A Geneva prosecutor is said to be closing a money laundering investigation, but the list of unresolved cases remains long.

PEOPLE Thursday, 29 June 2023 18:01

JPMAM Announces Senior Appointments in Asia

JPMorgan’s asset management arm has announced two senior appointments in Asia.

PEOPLE Thursday, 29 June 2023 17:00

The finews 2023 Summer Reading List

Summer is here and it is time for some of us to take a well-deserved break. To help with that, the finews editorial team has hunkered down and put together a choice - and very subjective - selection of their best reads for the hot days ahead. 

FINANCE Thursday, 29 June 2023 14:56

MAS Proposes ESG Code of Conduct

The Monetary Authority of Singapore is proposing an industry code of conduct with regard to environmental, social and governance ratings and data products.

FINANCE Thursday, 29 June 2023 13:29

Max Martin: «Philanthropy is at the Intersection of Finance and Impact»

From funding projects using artificial intelligence for detecting early-stage cancer to preserving the Palace of Versailles, philanthropic advisors have to wrap their heads around myriad topics. At the same time, there's lots of innovation happening, Lombard...

FINANCE Thursday, 29 June 2023 11:30

Atlantic Council: 130 Countries Exploring Digital Fiat

Government interest in central bank digital currencies persists with 130 countries exploring the space, according to a study by US-based think tank Atlantic Council.

FINANCE Thursday, 29 June 2023 10:09

Hong Kong to Launch Speedier IPO Platform

The Hong Kong stock exchange operator will launch a new initial public offering settlement platform that will shorten the time between the pricing of a new listing and share trading.

FINANCE Thursday, 29 June 2023 09:07

Fund Outflows at Credit Suisse Haven't Abated

Exact figures on Credit Suisse's business performance aren't expected until UBS publishes second-quarter results at the end of August. But Credit Suisse funds and ETF data don't bode well for its asset management unit.

FINANCE Wednesday, 28 June 2023 20:02

Klaus Biermann: «Those Waiting to See at CS Are Living on Hope»

The first big wave of redundancies at Credit Suisse will come in July, mainly abroad. finews.asia asked Klaus Biermann, co-founder of Zurich-based executive search firm Biermann Neff, what employees of the failed bank should prepare for.

FINANCE Wednesday, 28 June 2023 16:22

UBS Applying Ax, Not Scalpel to Credit Suisse Jobs

UBS is said to be planning on three rounds of job cuts starting in July. More than half of Credit Suisse's workforce is to be eliminated.

FINANCE Wednesday, 28 June 2023 16:19

Singapore Jails Businessman Over Wirecard Fraud

A Singapore judge has sentenced a businessman to prison over fraud in the Wirecard case.

FINANCE Wednesday, 28 June 2023 16:13

Fed Muses About Independent Credit Suisse Post-Mortem

A senior Federal Reserve official calls for a more fulsome analysis of the events surrounding the recent bank failures in the US – and draws Switzerland in as well. finews.asia takes a look. 

PEOPLE Wednesday, 28 June 2023 15:17

StanChart Adds Transaction Banking Duo

Standard Chartered has announced two new appointments in its transaction banking business in Asia.

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