Credit Suisse: Brexit Leads to Further Job Cuts

Credit Suisse, London

The looming departure of the U.K. from the European Union is adding pressure on Credit Suisse to cut costs even more than the company already planned to do, according to top managers at the bank.

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Mizuho in Fintech Innovation Move

With the aim of developing a complete «Fintech Ecosystem» Mizuho, the second largest financial services group in Japan is finally establishing its own innovation centre.  

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Guernsey to Show Expertise in Singapore


For the first time ever, Guernsey Finance, the promotional agency for the island's finance industry, will be pitching Guernsey’s expertise in the investment fund and private wealth sectors in Singapore early next month.

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J.P. Morgan Receives Hefty Fines in Hong Kong

The Securities and Futures Commission in Hong Kong has reprimanded J.P. Morgan Securities and J.P. Morgan Chase Bank for regulatory breaches. The entities were also hit with a substantial fine.

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Switzerland – the New India of UBS

UBS in Altstetten

UBS is spending billions on an IT platform through which it will channel all booking processes of its wealth management business in the future. This will create new jobs – but will they be based in Switzerland?

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