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Wednesday, 29 October 2025
Wednesday, 29 October 2025

PEOPLE Friday, 20 October 2023 10:45

New Round of CS Job Cuts Focused on Support Staff

Zurich-headquartered UBS is reportedly commencing a new round of job cuts at Credit Suisse, this time targeting staff in support functions.

FINANCE Friday, 20 October 2023 09:51

OneInfinity: Middle East Crypto Growth to Outpace Asia

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.

FINANCE Friday, 20 October 2023 03:27

Russian Court Greenlights Seizure of Millions from CS

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.

FINANCE Friday, 20 October 2023 03:22

Is a New Swiss-Linked Financial Scandal Looming in Asia?

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.

FINANCE Thursday, 19 October 2023 16:52

iCapital Inks Australia Partnership 

Alternatives platform iCapital has announced a strategic partnership that will drive distribution to investors in Australia. 

PEOPLE Thursday, 19 October 2023 15:00

Country Garden Denies Claims of Fleeing Executives

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.

FINANCE Thursday, 19 October 2023 12:23

Julius Baer: Expect Fund Inflows in Japan, India

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.

FINANCE Thursday, 19 October 2023 11:00

UBS, China Banks Entangled in Laundering Scandal

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.

FINANCE Thursday, 19 October 2023 10:50

Sequoia Confirms Receiving US Probe Letter

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.

PEOPLE Thursday, 19 October 2023 09:07

Hong Kong: Top Fintech Week Speakers Unveiled

Hong Kong’s upcoming flagship fintech event will feature top banking executives, including Standard Chartered’s Bill Winters.

FINANCE Wednesday, 18 October 2023 17:39

Milltrust's Simon Hopkins: «We Have a Significant Focus on the GCC»

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.

FINANCE Wednesday, 18 October 2023 13:49

Architect of UBS's Middle East Business Surfaces at Lombard Odier

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.

FINANCE Wednesday, 18 October 2023 12:25

Indosuez CEO Jacques Prost: «1+1 Doesn't Make 2 at New UBS»

With the recent acquisition of the Belgian private bank Degroof Petercam, the French Indosuez Wealth Management is moving into a new league.

FINANCE Wednesday, 18 October 2023 12:23

MAS to Inspect Credit Suisse for Money Laundering Case

Singapore’s financial regulation authority will conduct an on-site inspection of Credit Suisse in relation to the country’s biggest money laundering case.

FINANCE Wednesday, 18 October 2023 12:04

Julius Baer Faces Being Pilloried

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?

FINANCE Wednesday, 18 October 2023 12:00

Citi Singapore Opens Satellite Wealth Hubs

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.

PEOPLE Wednesday, 18 October 2023 11:57

OCBC Appoints New Greater China Head

Singapore’s OCBC Group has announced key leadership changes to enhance its Greater China coverage.

PEOPLE Wednesday, 18 October 2023 11:52

Credit Suisse Loses Six APAC Bankers

Six bankers of Credit Suisse’s APAC financing group who are based in Singapore, have left the company in recent weeks.

FINANCE Wednesday, 18 October 2023 10:45

The Israel-Hamas Conflict Extends to the Crypto World

Following the attacks on Israeli territory, Hamas has called for cryptocurrency donations. A counterattack is now taking place on their channel as well.

FINANCE Wednesday, 18 October 2023 09:55

Credit Suisse Faces Unforeseen Accusation in Mozambique Affair

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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