Wealthy Asian clients bolstered Credit Suisse's profits in Asia, even as income from advising big corporates and underwriting their stock and bond issues slipped from the end of last year.
Credit Suisse's net profit rose more than 16 percent in the first quarter. More spending cuts as well as strong results from Switzerland, private banking, and Asia lent the Swiss bank a fillip.
Credit Suisse promoted from within to fill a senior Asia Pacific role. The incumbent is heading back to Zurich to take up another key position at the Swiss bank.
Hong Kong and Malaysia will be the two markets likely to lose out in case of a trade war between the U.S. and China, Vontobel's Luc D'hooge argues. He details the Swiss boutique's strategy in Asia to finews.asia-TV.
How do foreign firms stack up in the hotly-contested Chinese asset management market? A new study provides a glimpse of UBS, J.P. Morgan and Blackrock.
A former top Credit Suisse executive-turned-luxury blogger is expanding into premium fitness. She has also quietly joined another wealth manager.
Fintech's «disruptive innovation» conjures up images of chaos for most people, Sopnendu Mohanty of the Monetary Authority of Singapore tells finews.asia – because most innovators are too far ahead of their time.
DBS Group bolstered its digital credentials. The Singaporean lender is adding the chief executive officer of a South Korea-based technology company to its board of directors.
Asia experienced a solid increase in fintech investment in the first quarter, but the U.S. still leads the pack.
A retail and corporate bank in Myanmar selected Swiss banking software provider Temenos to support its corporate development growth.
UBS has delivered first indications about what its newly-merged private bank will generate in terms of business. What this could mean is open for interpretation, a close look by finews.asia showed.
With elections in Malaysia just two weeks away, finews.asia revisits the billion-dollar 1MBD graft scandal which is dogging incumbent Najib Razak.
The former head of Deloitte in Asia is joining the board of Singapore's central bank and financial market regulator, the Monetary Authority of Singapore. MAS' chairman was also backed for another term.
UBS’ private bank in Asia increased its profits by more than a quarter on the year. The surge masks a more mixed underlying result as finews.asia found when looking beneath the surface.
UBS bolstered its first-quarter profit and hoovered up more than 50 billion Swiss francs at its wealth management divisions. The coming months will prove more difficult for the Swiss bank though.
Asset managers are increasing their focus on Indonesia. Aberdeen Standard Investments appointed a new country head for the fast-growing market.
Credit Suisse promoted an investment banker to the Swiss bank's top tech role in China, Hong Kong, and Taiwan. The move follows the exit of a high-profile female banker to join recently-defected rainmaker Mervyn Chow.
HNA trimmed its stake in German lender Deutsche Bank – the third time it has done so this year. Will the Chinese conglomerate carry on selling to reduce its mountain of debt?
China's «one belt, one road»initiative is the biggest infrastructure push in contemporary history. Microfinancier Patrick Scheurle looks at the flip side of the gargantuan project, in his essay for finews.first.
VP Bank is expanding its office space in Singapore's Asia Square. The move underpins the Liechtenstein-based private bank's target to double headcount in the next three years.
Page 711 of 1007
