Zurich-headquartered UBS is reportedly commencing a new round of job cuts at Credit Suisse, this time targeting staff in support functions.
Crypto adoption continues to be on the rise with the Middle East expected to be the fastest growing market in Asia, according to digital asset insurer OneInfinity.
A Russian appeals court imposed interim measures against Credit Suisse, giving the go-ahead to seize funds and shares amounting to tens of millions of dollars.
A few years ago, a financial scandal in Singapore claimed two Swiss banks. A new case of possibly greater magnitude is looming with Swiss institutions heavily involved.
Alternatives platform iCapital has announced a strategic partnership that will drive distribution to investors in Australia.
Troubled property developer Country Garden is facing worries of a possible debt default. It has also denied claims that its founder and chairman have fled China.
Expect more money to enter into certain Asian markets, including Japan and India, according to a Julius Baer report analyzing fund flows in the region.
Singapore’s money laundering scandal extends beyond the city-state to Hong Kong’s banking industry, reportedly involving UBS and two Chinese state-owned giants.
California-based Sequoia Capital has received a letter from a US committee probing investments in Chinese tech firms. Extensive amounts of information are being requested, including dollar amounts, names of state investors and more.
Hong Kong’s upcoming flagship fintech event will feature top banking executives, including Standard Chartered’s Bill Winters.
The growing wealth in Asia has dragged the interest of Milltrust International to grow further, thus it creates a new stream via sustainability-focused multi-family office East West Private Wealth.
UBS's regional head in the Middle East had to make way for a Credit Suisse executive over the summer. Now he finds his way to the private bank Lombard Odier, finews.com has learned.
With the recent acquisition of the Belgian private bank Degroof Petercam, the French Indosuez Wealth Management is moving into a new league.
Singapore’s financial regulation authority will conduct an on-site inspection of Credit Suisse in relation to the country’s biggest money laundering case.
The Swiss-based private bank reformed its compliance measures after past scandals and aimed to become the most admired wealth manager. But now Julius Baer's name is coming up concerning tax crimes, money laundering, and alleged fraud. What's going on?
Citibank announces the opening of two new wealth hubs in Singapore, as it remains focused on the country as a key location for global business wealth.
Singapore’s OCBC Group has announced key leadership changes to enhance its Greater China coverage.
Six bankers of Credit Suisse’s APAC financing group who are based in Singapore, have left the company in recent weeks.
Following the attacks on Israeli territory, Hamas has called for cryptocurrency donations. A counterattack is now taking place on their channel as well.
UBS reached a last-minute agreement with the government of Mozambique on behalf of Credit Suisse. In London, where the trial over the financial scandal began late, there was still a dispute afterward.
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