Both banks surprised investors: UBS with a good quarter and Credit Suisse with a strong first six months of 2019. Despite their similarities, the differences between the two wealth managers are growing.
Trade Trauma Goes on Red Alert What Markets and Riots Have in Common The Net Worth Of Every 2020 Presidential Candidate What If Hong Kong Falls?
Core team members of fintech firms will be able to have employment pass applications expedited under a pilot program that will start in Q4 2019.
A Good Class Bungalow located off Orchard Road in the exclusive Nassim Hill area has just been sold for a record S$230 million, reportedly to Facebook co-founder Eduardo Saverin.
Despite a 57 percent year-on-year pretax income drop in its markets business, Credit Suisse was able to offset this with a 29 percent increase in its regional wealth management business.
Credit Suisse, the second-biggest Swiss bank, increased its profit in the second quarter of 2019 as investors took heart from expectations that the U.S. and China would seal a trade agreement. Return on equity improved both in the quarter and from a year ago.
Just a few years ago, most onlookers had little doubt about the outcome of the rivalry between Hong Kong and Singapore as Asia’s wealth management hub of choice, citing the sheer potential from the size of the mainland China market. What seemed like a foregone...
V.G. Siddhartha went missing on Monday evening. His body has since been found near the bridge at which he was last seen.
Franklin Templeton hires a former GAM veteran to be its new China equity portfolio manager and replace the retiring incumbent.
Hong Kong continues to cultivate its fintech ecosystem with the latest license issuance to the first-ever digital asset custodian, Aegis Custody.
More young homebuyers are entering the market in Singapore as families work around property cooling measures.
The serial entrepreneur and tech investor known as «India’s coffee king» is feared dead.
The bank is part of a $1.24 billion lawsuit by investors who want damages back following a scandal over rigging currency exchange markets. It revives another scandal from UBS' past.
GAM made peace with a former star fund manager it sacked in February. The move comes as the battered asset manager attempts to stage a recovery under its third CEO in a year.
GAM named a former Blackrock executive as its new CEO. The move comes one year after a scandal over a flagship bond became public.
Two brokers downgraded DBS Group recently as they fear the lender would be affected by certain macro headwinds.
Billionaire Jack Ma may be developing a two-story bungalow in the Victoria Park Good Class Bungalow Area, a Singapore newspaper reported.
Non-bank lenders are expected to fill an estimated $35 billion property funding gap by 2023, due to stricter capital requirements.
Dubai International Financial Centre seeks to attract Indian wealth and fintechs with the latest signing of a memorandum of understanding in Maharashtra.
Global banks continue to feel the pinch from slowed trading with Citi joining its peers to lighten their trading operations with hundreds of related jobs expected to be axed in 2019.
Page 593 of 1007
