The legal machinery is starting to warm up around the complete write-off of Credit Suisse's mandatory convertible bonds. One renowned law firm is already representing over 1,000 AT1 investors.
The holders of Credit Suisse’s wiped-out AT1 bonds in Asia join a growing number of investors taking legal steps contesting the move by the Swiss regulator.
GAM has at least one thing in common with Credit Suisse. Both companies lost so much trust that in the end, the only option left was to sell.
The Swiss reinsurer is in the black and has a positive outlook for the remainder of the year.
Alipay points to a Labor Day surge in spending in China and across the region, including in Singapore. finews.asia takes a brief look.
A statement by the GAM CEO indicates the London headquartered asset manager will take over the troubled institution.
French-based bank cooperates with Bank of China to launch e-CNY payment services, heralding a suite of digital wallet services for its mainland corporate clients franchise.
Switzerland's largest bank was gaming takeover scenarios months before the forced rescue. Documents filed with the SEC provide fresh insight into what happened.
MSCI announces a former employee to become the global head of research.
Natixis CIB announces two new appointments for its global market leadership team in Australia.
The British-based bank names a new head of macro trading for Asia Pacific.
Former Credit Suisse investment bank CEO Christian Meissner has joined an international merchant bank that merged with a firm managing Michael Dell's assets.
A former executive of Credit Suisse is said to be joining the Singapore Stock Exchange.
Anyone who thought the formal takeover of Credit Suisse would be a leisurely walk in the park did not reckon with UBS CEO Sergio Ermotti's determination.
Now well into its 15th year of existence, finance portal finews makes a film tracing its birth from the uncertainty of the 2008 financial crisis – all the way to this year's turbulence.
UOB Hong Kong signed a memorandum of understanding with the Swiss firm SGS to drive green and sustainable financing.
The rapid development of the Greater Bay Area has become a growth engine for Citigroup.
Is the worst over after the sale of First Republic Bank in the US? finews.asia addresses the most important questions about the US and European banking sectors.
DBS Bank may see challenges in the near future for its wealth management financing products.
Japan’s MUFG sold Credit Suisse’s additional tier 1 AT1 notes to clients via Mitsubishi UFJ Morgan Stanley Securities.
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