The former Goldman Sachs banker Roger Ng has received approval to to delay the start of his 10- years prison sentence.
In 2022, the Saudi National Bank took a 9.9 percent equity stake in Credit Suisse through an «opportunistic» investment. The Swiss lender's forced takeover by UBS did not impede the Saudi bank's profit growth.
As UBS works to complete its takeover of Credit Suisse soon, more investors are rushing to court over the write-down of Credit Suisse's mandatory convertible bonds. The pressure is increasing, especially from the US.
He is one of the longest-serving bank CEOs and shows little sign of stopping anytime soon. Instead, Guy de Picciotto is on the prowl for another acquisition. In an exclusive interview with finews.asia, he discusses the practical difficulties of implementing the...
The investment management arm of Fidelity has announced the appointment of two new roles in Hong Kong.
After 17 years in the pay of Credit Suisse, another executive is moving on. But first, he wants to take some time off, finews.asia has learned.
Morningstar’s ESG research arm has hired a former executive from MSCI.
Credit specialist Muzinich & Co has expanded its Japan business with two new hires.
London-based HSBC more than tripled its pre-tax profit in the first quarter of 2023 due to multiple drivers including gains from the Silicon Valley Bank acquisition and significantly higher income.
Geneva-based UBP has hired a handful of new relationship managers in Hong Kong, finews.asia has learned.
A former UBS private banker and 25-year wealth veteran has joined Julius Baer’s Southeast Asia business, finews.asia has learned.
Singapore-based DBS saw net profit rise 43 percent to a record high in the first quarter of 2023.
Frankfurt-based Deutsche Bank has reportedly hired Credit Suisse’s head of financial institutions group in Southeast Asia.
Credit Suisse saw another high-profile departure with the bank's CIO Michael Strobaek who is moving to Lombard Odier in the fall, finews.asia has learned. At the same time, Credit Suisse immediately named his replacement.
Singapore’s OCBC said it will stay on high alert to monitor liquidity in the midst of persistent macro risks.
Hong Kong’s central bank issued a statement to call on the banking industry to provide services to crypto firms.
Glaring weaknesses in Swiss financial supervision are making the banking hub, government, and investors pay a very heavy price – even though the approach is what most legislators want.
Credit Suisse has reportedly informed employees that deferred bonuses linked to the bank’s AT1 bonds will be completely written down.
Hong Kong-headquartered Tsangs Group has announced the appointment of a director for North America.
The chair was still warm. Barely had Lombard Odier announced it hired CIO Michael Strobaek from Credit Suisse, the latter announced his replacement.
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