For the first time, UBS has indicated how much it is gaining by acquiring Credit Suisse. At least on paper.
UBS is increasing its focus on onshore banking in the Taiwan market amid ongoing uncertainty in cross-straits relations.
Citibank’s Indonesia unit posted profit growth in the first quarter of 2023 due in large part to an increase in interest income from institutional clients.
Some of the largest American lenders are reportedly scaling down ambitions and expansion plans in China due the changing business environment.
Politicians would do well to ask themselves how they will save the next bank in 15 years, observes finews.asia. The next crisis is not a question of if, but when.
California-based Franklin Templeton has appointed a new portfolio manager within its China equity investment team.
Citibank Korea more than doubled its net income in the first quarter of 2023 due to revenue growth from its institutional business.
A recently formed investor Group is unhappy with Liontrust's buyout plans for GAM is now taking the fight to a new level. The group is expanding its holding of GAM shares in its tussle with Liontrust.
A 30-year banking veteran has been named as Citi’s head of international personal bank in Singapore.
Australia’s largest bank is the latest major lender to issue Additional Tier 1 bonds following the Credit Suisse wipeout.
A senior US central banker highlights banking risks from wealthy, sophisticated businesses and individuals in an age of instant transfers – and dangers posed by social media. finews.asia takes a look.
Global law firm Withers is the latest to join the legal wave against the Swiss decision to write down AT1 debt issued by Credit Suisse.
In the midst of an ongoing integration with UBS, Credit Suisse’s Australian metals and mining team is reportedly joining a local boutique advisory firm.
In a sign of a post-1MDB turnaround, Goldman Sachs is reportedly seeking to open a new office in Abu Dhabi.
Nasdaq-listed AlTi Tiedemann Global has acquired Singapore-based AL Wealth Partners as part of its expansion plans in the region.
Not even Credit Suisse did what GAM is doing now. Ahead of its takeover by Liontrust, GAM completely drained its bonus pool.
In the midst of ongoing profit pressures from Chinese insurer and shareholder Ping An, HSBC said it would target returns in the «mid-teens» for its Asia business.
Vontobel and finews.asia are pleased to invite you to an exclusive event on the topic of «Capturing Yield in 2023».
Paris-based BNP Paribas Wealth Management has announced the appointment of a new chief operating officer for Asia.
The Monetary Authority of Singapore has reappointed Ravi Menon to continue as its managing director.
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