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Wednesday, 29 October 2025
Wednesday, 29 October 2025

FINANCE Tuesday, 7 November 2023 14:21

UBS Adds Nearly $200 Billion of AUM in Asia

UBS saw invested assets in Asia surge by nearly $200 billion as the Swiss giant absorbed the revenues, costs and assets of Credit Suisse.

FINANCE Tuesday, 7 November 2023 13:54

UBS: Integration Costs Prompt Quarterly Loss

Switzerland's largest bank recorded a loss in the third quarter as the cost of rescuing Credit Suisse continued to weigh on results even though the new combined wealth management business posted a stellar quarter.

FINANCE Tuesday, 7 November 2023 12:22

Singapore MFO Fuels Growth With Dubai Entry

Singapore-based multi-family office Golden Equator Wealth is looking to grow its client assets with Dubai as its second target market to fuel expansion, according to founder Shirley Crystal Chua in a conversation with finews.asia.

FINANCE Tuesday, 7 November 2023 10:55

Hong Kong Kicks Off Banker Summit With Banquet

The Hong Kong Monetary Authority hosted hundreds of bankers in a dinner banquet in the lead up to the second «Global Financial Leaders’ Investment Summit».

FINANCE Tuesday, 7 November 2023 10:13

LGT to Expand Onshore Unit in Australia

Liechtenstein-headquartered LGT’s onshore Australia unit is reportedly expanding with new hires and an enlarged offering.

FINANCE Tuesday, 7 November 2023 09:26

Credit Suisse Wins Decade-Old Subprime Case in UK

The bank, now being integrated into UBS, manages to eke out a victory in a case that stretches back to the days of the financial crisis.

FINANCE Monday, 6 November 2023 21:32

DBS Flags Exposure to Money Laundering Scandal

DBS chief executive Piyush Gupta commented about Singapore’s headline money laundering scandal, noting that the bank has tightened controls.

PEOPLE Monday, 6 November 2023 16:59

BNP Paribas Nets Former CS Private Banker

The wealth management arm of BNP Paribas has hired a former private banker from Credit Suisse in Hong Kong.

PEOPLE Monday, 6 November 2023 15:54

MAS Chair Named Leader of Singapore's Ruling Party

The Monetary Authority of Singapore's chairman Lawrence Wong will succeed Lee Hsien Loong as the leader of the People’s Action Party.

PEOPLE Monday, 6 November 2023 14:47

Manulife Asia Appoints Communications Chief

The Asia unit of Toronto-headquartered insurer Manulife has hired a former AXA executive as its chief communications officer.

HIGH-END Monday, 6 November 2023 11:51

UBS: Mainland China Leads Global Art Spending

High net worth collectors from mainland China were the most active buyers of art in 2023 thus far, according to a UBS report, and momentum is expected to sustain over the next year. 

PEOPLE Monday, 6 November 2023 11:05

SMBC Adds Ex-CS Investment Bankers

Japan’s Sumitomo Mitsui Banking Corporation has announced the hire of two investment bankers, formerly from fallen Swiss lender Credit Suisse.

FINANCE Monday, 6 November 2023 09:48

DBS: Higher Interest Margin Drives Record Income

Singapore’s DBS posted higher profit and record income in the third quarter, driven in part by expansion of the bank’s net interest margin.

FINANCE Monday, 6 November 2023 09:04

UBS Pressured on Costs

The dust has settled since Switzerland's largest bank announced it would completely integrate all of Credit Suisse. The third quarter is likely to slip by far more quietly even though it still faces stiff challenges. 

HIGH-END Sunday, 5 November 2023 02:28

Henley & Partners and Insignia Join Forces For Global Citizens

Henley & Partners, a leader in residence and citizenship advisory, has partnered with the ultra-luxury lifestyle management and card services group, Insignia, to create a distinctive and exclusive membership offering, finews.asia can reveal.

FINANCE Sunday, 5 November 2023 01:52

Adriano Lucatelli: «Why Capitalism Needs a Great Reset»

Financial markets and many companies have become hopelessly caught up in wokeness. Going back to the days of shareholder value is the only way out, writes Adriano Lucatelli in a piece for finews.first.

FINANCE Friday, 3 November 2023 15:44

HKMA Announces Fintech Initiatives

The Hong Kong Monetary Authority has rolled out several new fintech initiatives with a focus on payments and blockchain.

FINANCE Friday, 3 November 2023 15:21

Jan Metzger: Future Bankers Will «Compete With Thought»

Bankers today spend the vast majority of their time focused on processes rather than thoughts. This will change soon with the help of artificial intelligence, according to Citi’s Jan Metzger.

PEOPLE Friday, 3 November 2023 14:14

Sam Bankman-Fried Found Guilty on All Charges

Nearly one year since FTX filed for bankruptcy, founder Sam Bankman-Fried has been found guilty in a Manhattan federal court.

PEOPLE Friday, 3 November 2023 12:23

Goldman Sachs Unveils MD Class of 2023

New York-based Goldman Sachs has released its biennial list of managing directors. Asia is once again prominently featured.

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