Credit Suisse CEO Tidjane Thiam has pulled out of a high-profile Riyadh summit, a source told finews.asia. He is the latest CEO to retreat, amid a political skirmish following the disappearance of a Saudi journalist.
The French banking giant is stocking its management in China with several investment bankers. The move illustrates Société Générale's ambition to win more business from Chinese corporates.
UBS is set to become the first foreign bank to profit from eased banking regulation in China. Its rivals are likely to follow suit.
Asset Manager Fidelity's launch marks the latest push into cryptocurrency by an institutional asset manager.
Switzerland's second-largest bank is poaching an anti-corruption expert from Goldman Sachs. The moves comes as Credit Suisse faces scrutiny for its anti-money laundering measures.
Bank of Singapore, which has reiterated several time that onshore China is a key market, has just lost its head of China, Hong Kong, and Taiwan, as finews.asia can reveal.
Top executives have queued up to cancel their participation at the «Davos in the desert» conference. Masayoshi Son, CEO of Softbank, isn’t among them and neither is Credit Suisse CEO Tidjane Thiam.
Singapore's Nets launched a new service for businesses to bill and collect electronically. Merchants only need their customers' mobile number.
Returning to where it all began – after meetings in St. Moritz, Geneva and San Francisco, the Crypto Finance Conference is again staging its showcase event in the Swiss mountains. There are also plans for Asia.
It is the first time that the U.K. has signed a cross-border fund sales agreement with Hong Kong. The approval process could be as quick as two months.
Never have there been so many young, extremely wealthy, people. Therefore banks will increasingly have to get used to slit and scruffy jeans, worn-down shoes and skateboards, Claude Baumann writes.
Deutsche Bank's most unexpected leader withstood a trial by fire when the German bank was roiled by turbulence in Asia. Lok Yim, head of Asia, the Middle East and Africa, speaks exclusively to finews.asia.
As GAM unwinds a $7.3 billion bond portfolio, the asset manager is reportedly still sitting on paper linked to little-known investment firm Greensill with ties to former CEO David Solo.
Switzerland's first fund manager licensed for cryptocurrencies is mulling a move into Asia, finews.asia has learned.
U.S. economist Nouriel Roubini was seemingly one of the few observers who 10 years ago saw the financial crisis coming. Now he is turning his guns on the crypto hype.
Credit Suisse likes to highlight its fintech achievements with chatbot Amelia. However the «baby» ran into initial skepticism from staff at the bank, as the «mum» reports.
Banking giant rivals UBS and Credit Suisse are reportedly cooperating for once. And the common goal is apparently a listing for one of their country’s most successful industrial companies.
Private bank Lombard Odier scrambled to reassign management roles after the departure of one of its seven partners. The sudden exit also strengthens the hand of a new partner, finews.asia reports.
The theft of exclusive wine from Goldman Sachs boss David Solomon should have ended in court for a former New York banker. However the alleged thief never appeared for his appointment.
The regulators of Singapore and Indonesia share a common interest in promoting innovation in financial services to enhance financial inclusion within the region.
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