The former UBS employee in London who allegedly was raped by her boss has given her version of the events in an interview. The statements make the UBS investigation appear questionable.
A little less than two years after he assumed the role of Asia Pacific boss, Deutsche Bank has rewarded Lok Yim for staying with the platform through its most difficult times.
VP Bank has had a sluggish first half of the year. The bank however is receiving a lot of praise from investors for its decisive growth strategy and the company is working hard to find more relationship managers.
An ex-UBS manager with a long history in Asian banking is taking charge of the institutional business in the EMEA region at T. Rowe Price.
Kweku Adoboli is on borrowed time in the U.K.: the convicted UBS rogue trader’s friends are mounting a hail-Mary push to prevent his imminent ouster to Ghana.
Credit Suisse’s private bankers will need to focus more on building their books in each of the bank’s markets across Asia and stop focusing on offshore wealth concentrated in Singapore and Hong Kong.
Active asset managers need to spend a lot of resources on research if they want to beat passive strategies. But it is nevertheless possible, Pascal R. Bersier writes in his exclusive essay for finews.first.
Seven months after UBS merged its private bank units into a $2.4 trillion juggernaut, observers are still scratching their heads over what the Swiss bank hopes to achieve with the move.
UBS wasn’t particularly successful in predicting the world champion in football. The Swiss bank now hired a Goldman Sachs expert to bolster the team which regularly grabs the headlines.
A committee of the Malaysian parliament will reopen an investigation into scandal-ridden 1MDB state fund. The earlier probe had been closed in 2016.
GAM increasingly is under fire for its handling of the suspension of star fund manager Tim Haywood – and its reaction is thin-skinned.
After flubbed attempts to crack the Chinese market in the previous decade, several private banks are making a renewed push, Nick Xiao tells finews.asia.
Earlier today, finews.asia reported that Claudio de Sanctis was leaving Credit Suisse following the restructuring of the wealth management division. Now the next destination of the banker has become known.
Credit Suisse has decided to create more regional units at the International Wealth Management division and to yield more powers to local managers. Meanwhile, the head of Europe is leaving.
Industrial Bank of China selected a Swiss software firm to provide a banking solution for its private-banking branch in Hong Kong.
Citi has appointed a new head for the company's business in connection with the Belt and Road Initiative. The banker will help with aligning the firm's strategic priorities.
Union Bancaire Privé has snatched a high-level China banker from rival BNP Paribas, finews.asia can report.
The Singapore government hopes to unify e-payment solutions under one or two master systems for food sellers. Previously, the country had fostered competition among the systems to promote innovation.
UBS has quietly buried a five-year program to bolster business with women less than two years in by deferring it to its various regions, finews.asia has learned. What is behind the surprising move?
Three years after swallowing Merrill Lynch's foreign private bank, Julius Baer will weigh up «meaningful» deals again, Jimmy Lee, the Swiss bank's Asia head, tells finews.asia.
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