Swatch CEO Nick Hayek would have preferred if UBS had taken Swiss Credit Suisse public instead of letting it die.
Multiple global private banks have recently unveiled new organizational structures and leadership. Within Asia, there is increasing emphasis on the south and southeast regions.
The Prime Minister of Malaysia reportedly said that a settlement with Goldman Sachs over the 1MDB scandal was «possible», but warned against calling the nation’s bluff to go back to court.
The migration patterns of the ultra-high net worth indicate that outflows from the mainland are expected to far outstrip the rest of the world. The main beneficiaries? Australia, the UAE, and Singapore.
Dozens of questions from the Singapore parliament about the headline money laundering case will be addressed by the ruling government in October, in a rare move to postpone answers.
Singapore’s financial regulator has published a list of four «domestic systemically important insurers» that will be subject to additional supervisory measures.
Boston-headquartered Columbia Threadneedle has announced the appointment of two executives to product-related roles in Singapore.
Following a headline money laundering scandal, Singapore now faces a tough balancing act between protecting its hub reputation and maintaining a sufficiently business-friendly operating environment. How will future asset flows be affected?
In the latest development of UBS’s historic integration, more than two-thirds of the headcount in Credit Suisse’s research unit in Hong Kong has reportedly been slashed.
London-headquartered M&G Investments has hired a former Janus Henderson executive to lead risk and compliance in the Asia Pacific region.
Asset management giant BlackRock has partnered with Allfunds to broaden investor access to private market funds.
Following a headline money laundering scandal, some banks in Singapore are reportedly increasing scrutiny against clients born in China who hold other passports.
FTX has decided to go after the parents of founder Sam Bankman-Fried, claiming that they enriched themselves through the now-bankrupt crypto exchange.
More revelations are emerging from the ongoing probe of Singapore’s headline money laundering scandal, this time with the size of assets seized further growing.
Rivals continue to benefit from talent outflow at Credit Suisse, this time with HSBC hiring eight bankers from the Swiss lender for its equities unit.
The son of Singapore’s former Prime Minister has been slapped with false trading offenses, alongside three other men.
US-based Goldman Sachs has added a regional chairmanship role for former Australian treasurer Josh Frydenberg.
Pimco saw a significant increase in assets under management in Asia due to investor demand for yield via fixed income assets.
The SEC, US Justice Department, and Finma are looking into whether Switzerland's second-largest bank misled investors in the months leading up to its collapse.
A Singapore court has ordered a trust unit of Credit Suisse to pay former Georgia Prime Minister Bidzina Ivanishvili for failing to safeguard his assets. A response followed declaring the pursuit of an appeal.
Page 71 of 1007
