Friday, 19 April 2024

PEOPLE Thursday, 15 June 2023 11:46

BNY Mellon Names Hong Kong Chief

New York-headquartered BNY Mellon has announced the appointment of a chief executive for Hong Kong.

FINANCE Thursday, 15 June 2023 11:06

BofA: Fund Manager Confidence in China Shrinks

Fund manager confidence in China is trending downwards in the midst of an economic slowdown, according to a survey by Bank of America.

FINANCE Thursday, 15 June 2023 09:50

HKMA Questions Banks on Lacking Crypto Clients

Hong Kong’s banking regulator reportedly held a meeting with the city’s top lenders and currency issuers – HSBC, Standard Chartered and Bank of China – over the lack of crypto clients being accepted.

FINANCE Wednesday, 14 June 2023 16:36

HSBC Targets Leadership Position for VCs, Startups

Following the hire of tech and healthcare bankers earlier this year, HSBC is reportedly eyeing to be a leading lender to venture capital firms and startups.

FINANCE Wednesday, 14 June 2023 16:14

The Suddenly Uncertain Future of the Asian Skyscraper

Before the pandemic, dense, highly urbanized cities marked by the world’s tallest skyscrapers were signs of unfettered, ascendent regional economic progress. Now, something strange seems to be happening. finews.asia takes a look.

PEOPLE Wednesday, 14 June 2023 14:50

Jefferies to Reportedly Hire Senior CS Investment Banker

New York-headquartered Jefferies will reportedly welcome Credit Suisse’s co-head of Asia Pacific equity capital markets syndicate. 

FINANCE Wednesday, 14 June 2023 14:42

Avaloq Partners With World's Largest Asset Manager

Swiss banking software firm Avaloq is partnering with Blackrock, finews.asia has learned. Together, the companies aim to make their services available to smaller private banks and asset managers.

FINANCE Wednesday, 14 June 2023 12:50

Pictet WM Asia CIO: «China Probably Not Far From the Bottom»

After erasing gains made year-to-date, Chinese equities have recently been rebounding. There could be more hurdles ahead but the market is likely not far off from the bottom, according to Pictet Wealth Management’s Asia chief investment officer Hugues Rialan.

FINANCE Wednesday, 14 June 2023 10:55

UBS Plans Hong Kong Event to Extend CS Legacy

UBS is planning an investor event in Hong Kong to carry on Credit Suisse’s legacy in the city.

FINANCE Wednesday, 14 June 2023 09:37

When Credit Suisse Staff Only Play Second Fiddle

With the allocation of executive positions at Credit Suisse, a time of relentless self-evaluation is dawning for all Credit Suisse employees. They will often only play second fiddle in the new bank or leave the orchestra.

FINANCE Tuesday, 13 June 2023 16:46

The Freest Economies Worldwide are Key Wealth Hubs

A conservative think tank ranks Singapore and Switzerland first and second when it comes to economic freedom. finews.asia takes a look. 

FINANCE Tuesday, 13 June 2023 14:57

MAS Monitors Job Implications from UBS Takeover

The Monetary Authority of Singapore is closely monitoring implications for jobs in the city-state at UBS and Credit Suisse the takeover.

FINANCE Tuesday, 13 June 2023 14:36

Credit Suisse's Benjamin Cavalli Swims Against the Tide

In contrast to the Group level, former Credit Suisse bankers are increasingly joining the ranks at the helm of UBS Asset Management. It's probably not without reason that Iqbal Khan, the head of the division, is more integrative than his boss Sergio Ermotti.

FINANCE Tuesday, 13 June 2023 14:20

HSBC to Shut Down New Zealand Wealth Unit

London-headquartered HSBC has decided to wind down its wealth and personal banking business in New Zealand following a strategic review.

FINANCE Tuesday, 13 June 2023 12:34

At a Glance: Vontobel Holds a Joint Event with finews.asia

In Singapore, Swiss investment house Vontobel and finews.asia put on an exclusive event for fixed-income investors titled «Capturing Yield in 2023».

FINANCE Tuesday, 13 June 2023 12:22

CS Wealth Vets Lead Southeast Asia in New UBS

UBS’s newly enlarged wealth business in Southeast Asia will house familiar faces at the top from Credit Suisse. But there are signs that Credit Suisse private bankers could face a less familiar environment. 

FINANCE Tuesday, 13 June 2023 10:12

Sygnum Secures In-Principle Approval from MAS

Zurich-headquartered Sygnum has received approval from the Monetary Authority of Singapore to commence regulated crypto services in the city-state.

PEOPLE Tuesday, 13 June 2023 09:30

Fidelity International Names Head of Middle East and Africa

The investment management arm of Fidelity has appointed a new head of Middle East and Africa.

FINANCE Tuesday, 13 June 2023 09:09

Credit Suisse Senior Bonds Get Favorable Tailwind

While holders of Credit Suisse AT1 bonds were left holding the bag following its takeover by UBS, holders of its senior bonds are poised to benefit.

FINANCE Tuesday, 13 June 2023 09:05

Finma is Being Strict With UBS on Liquidity

Switzerland's financial regulator has given UBS leeway for building up equity capital following its acquisition of Credit Suisse. But it's holding fast on another important point.

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