Credit Suisse isn’t the only big bank to be confronted with harsh criticism about the bonuses awarded to top executives. UBS is also facing the red card from a major shareholder proxy, according to information obtained by finews.asia.
For some firms, sustainability is mainly a new way to market their products without much inherent believe in the importance of the topic, LGT's Managing Director Tycho Sneyers says in an interview with finews.asia.
The election of Romeo Lacher as Julius Baer's new chairman heralds a new era for the Swiss wealth manager. His most pressing task – CEO succession planning – looks tough for surprisingly mundane reasons.
J.P. Morgan has named a veteran in financial services as Head of Corporate Banking.
How is Hong Kong preparing for the future, given that the city's regulatory approach to open banking scored only sixth on EY's Open Banking Opportunity Index? finews.asia explores the topic with EY's Marc Entwistle.
«The financial industry still needs a huge digital transformation in Asia,» says Dominic Gamble, head of APAC at Wealth Dynamix, in an interview with finews.asia.
The Monetary Authority of Singapore said it has not uncovered any impropriety regarding the bank's sale of Hyflux's securities.
P2P lending platformValidus Capital reopens the fund with Singapore-based independent asset management and family office advisory services firm Lighthouse Canton.
Ex-fighter pilot and UBS banker Patrick Héritier came to entrepreneurship late. Now he is charting an aggressive growth course for wealth and asset manager Pleion, he tells finews.asia.
OCBC and China Export & Credit Insurance Corporation have signed an agreement to work together on Belt and Road Initiative projects.
Scottish asset manager Aberdeen Standard Investments has created a new position of senior equity investment specialist for Asia Pacific – based in Hong Kong.
BlackRock has plans to become one of China's top asset managers as the Asia region increasingly accounts for an ever-growing share of global assets.
Unfazed by the fierce competition in Asia's startup scene, an Israel venture funding platform aims to raise money for their Asia fund.
Only one new group clinched Hong Kong's virtual banking licenses last month, signalling the authorities' conservative approach.
The U.S. firm Ripple is to expand its headquarters in Singapore so it can stay vigilant to the requirements of its regional customers.
Dorothea Baur helps pension funds hone their sustainability strategies. The ethicist tells finews.asia why banks like UBS should keep financing coal producers.
Swissquote, an established Swiss online bank, plans to open a branch in Singapore. The firm hopes to receive the license to operate in the city-state later this year, CEO Marc Buerki told finews.asia in an exclusive interview.
The sustainability business of Credit Suisse is being restructured and the bank has now appointed an experienced manager to further develop the ESG concept of the bank.
Change is afoot at the most senior levels at EFG International as it readies for the shareholder meeting. The wealth manager seems to be slimming its boardroom.
Deutsche Bank is the latest in a string of high-profile brands to shun Brunei-owned businesses. The new laws introduced by Brunei breach the most basic human rights, the German lender said.
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