Thursday, 9 May 2024

PEOPLE Monday, 15 May 2023 09:34

JLL Names Australasia Capital Markets Head

Chicago-based real estate specialist JLL has hired a new head of capital markets for Australia and New Zealand.

FINANCE Monday, 15 May 2023 09:06

UBS Sets Priorities for Credit Suisse Integration

After announcing a new leadership structure this week, UBS has made the integration of Credit Suisse's investment bank and cost-cutting a priority. It also plans to decide on the fate of Credit Suisse's domestic business by the end of the summer.

FINANCE Monday, 15 May 2023 09:05

Outflows Stopped at Credit Suisse, UBS CEO Says

Sergio Ermotti gave an update at a media event on the situation at Credit Suisse and when the troubled bank's problems started.

FINANCE Saturday, 13 May 2023 14:44

Teodoro Cocca: «Will UBS Want to Become a Global Player Again?»

Switzerland’s largest bank could easily become overly ambitious after re-organizing Credit Suisse’s investment bank. Will it be able to withstand the dangerous temptation of going down that path? Teodoro Cocca asks in a piece for finews.first.

FINANCE Saturday, 13 May 2023 14:38

EFG Chairman: «One Month Left to Recruit Credit Suisse Staff»

Swiss private bank EFG International admits openly to benefitting from Credit Suisse's difficulties.

FINANCE Friday, 12 May 2023 13:12

John Ions: «Our Offer for GAM is More Than Fair»

John Ions is keeping a cool head in the takeover play for GAM. The Liontrust head hopes to convince those investors resisting his takeover bid. He assures finews.com he is not aiming to downsize the Swiss asset manager but is seeking growth.

FINANCE Friday, 12 May 2023 12:27

Lukas Gaehwiler: «We Should Have a Solution for Credit Suisse in Summer»

Following the completion of its legal takeover of Credit Suisse in the coming weeks, UBS will quickly examine its options and find a solution for Credit Suisse in Switzerland by late summer, UBS Vice Chairman Lukas Gaehwiler said in Lugano on Thursday.

FINANCE Friday, 12 May 2023 11:51

The MAS Adds Context to Family Office Fears

Singapore's regulator responds to questions in Parliament, saying total assets under management from high-net-worth individuals only made up about a fifth of the total increase between 2017 and 2021.

FINANCE Friday, 12 May 2023 10:49

China Loves AI But the French? Not So Much

Chat GTP and a new generation of natural language-based text-generating bots have pretty much silenced all that stuff about, say, Web 3, and NFTs. But, as with anything new, some like it – and some don't.

PEOPLE Friday, 12 May 2023 09:15

Federated Hermes Appoints Regional Head of Distribution

Jim Roland will relocate to Singapore and replace Jake Nilsson in the Asia Pacific region. 

FINANCE Thursday, 11 May 2023 18:40

GAM Takeover Under Review

Opposition to Liontrust's takeover of Swiss asset manager GAM is growing.

PEOPLE Thursday, 11 May 2023 17:51

abrdn Appoints Swiss as Sole CEO of Investments

The current co-CEO takes full reigns of the investment business and will remain based in Asia. 

FINANCE Thursday, 11 May 2023 15:25

Pictet Paints Picture of a Slowing China

The 11th edition of its Horizon 10-year view of economic and return projections sees annual mainland economic GDP growth over the next decade at a relatively meager 4 percent. 

FINANCE Thursday, 11 May 2023 12:34

CCB: Business, Bonbons and Bridges Between the Blocks

Weiyun Gong's job is not easy. The branch manager of China Construction Bank in Zurich has the task of building bridges between the People's Republic and Switzerland. The manager spoke to finews.com about his mission, the panic surrounding Credit Suisse and the...

FINANCE Thursday, 11 May 2023 11:45

The Potential for Tokens is Huge, But What Are They?

A white paper study indicates a potential market of $3 trillion in tokenized assets for asset managers to capture. The problem is nobody knows exactly what they really are.

FINANCE Thursday, 11 May 2023 10:54

US Treasury's Yellen Goes to Japan to Not Talk About China

The agenda for the Secretary of the Treasury at today's G-7 meeting in Niigata shows an oft-repeated list of priorities and only indirectly references China. finews.asia takes a look at the elephant in the room.

FINANCE Thursday, 11 May 2023 09:36

Japan Likely to Join the Credit Suisse AT1 Legal Melee

Investors based in Japan look to follow other jurisdictions in taking legal steps related to the Credit Suisse write-down of AT1 bonds. 

FINANCE Thursday, 11 May 2023 08:47

UBS Sees Problematic High-Risk Lending in Asia at Credit Suisse

Switzerland's largest bank apparently stumbles into areas of concern as it combs through its rescued brethren's business lending activity. 

FINANCE Wednesday, 10 May 2023 17:31

Credit Suisse’s Asia Clients Move Assets to HSBC

The British-based bank indicates that Asian clients of Credit Suisse ostensibly shifted their assets in-house.

FINANCE Wednesday, 10 May 2023 17:12

Investor Group Challenges Liontrust's  «Unfair» GAM Offer

An investor group controlling just over eight percent of shares in GAM is formally challenging Liontrust's all-share offer to take over the Swiss asset manager.

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