The asset management arm of BNP Paribas has announced the appointment of a new Malaysia chief executive.
The full list of creditors of the insolvent crypto exchange contains some eye-opening surprises, finews.asia has discovered. Prominent Swiss finance and law firms are entangled in FTX's demise.
Indosuez Wealth Management acquires a majority stake in Wealth Dynamix, a fintech specializing in client lifecycle management for private banks.
On local radio, a leading microbiologist floats the idea of eliminating mask-wearing requirements this spring. finews.asia takes a look.
British insurance giant Prudential will open a branch in Macau and appoint a general manager for the market.
Over $150 billion in capital could flee China in 2023, according to an estimate by Natixis, due to pent-up demand caused by the pandemic.
Investment research firm Morningstar has announced the appointment of a new director of manager research in the region.
The conflict between Credit Suisse and Georgian billionaire Bidzina Ivanishvili is flaring up again. It emerged the bank recently made substantial payments to its former client, who is engaged in lawsuits with the bank.
Digital transformation is lagging at financial firms in Asia Pacific, according to a recent study by Broadridge, and this is negatively impacting their ability to hire and retain talent.
The asset management arm of Credit Suisse has appointed a new head of active ownership.
Credit Suisse bank executives fired as a result of restructuring raises questions as to what happens to their bonuses. The bank seemingly relents.
The co-head of the European investment bank at Credit Suisse left a mere three months after being named to the post. He has a new job in the upper echelons at Barclays.
Due to heavy asset outflows, GAM expects a significantly higher loss for 2022. Despite cost reduction, a further strategy review is necessary. It also delays the publication of the annual results to the end of April.
Partners Group hires the second senior management in Japan within six months.
A UBS dealmaker in London has departed. The retail sector expert takes over as CFO of a manufacturer of meat substitutes.
Financiers from the Middle East now own every fifth Credit Suisse share, with the fresh billions from abroad helping to fund its restructuring. But there might be a high price to pay in alienating the home market, finews.asia finds.
Almost $346 million in bitcoin have been processed by crypto giant Binance for Bitzlato.
After selling part of its stake in Credit Suisse in 2021, the Qatar Investment Authority lost the distinction of being its largest shareholder. Now it is back to expanding its holdings.
A new study presented at the WEF in Davos concluded Generation Z is the most significant age group. They have little use for the rarefied world of private banking.
In 2022, Union Bancaire Privée paid high integration costs for acquisitions and saw a record outflow of institutional client funds. It still turned a profit, but how?
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