Switzerland’s largest bank is expanding its business with rich Saudi clients and has hired an experienced banker for this purpose. He will be based in Geneva.
Julius Baer said it is hiring five private bankers from rival Barclays – the second such raid in three months. The action is reminiscent of the Swiss bank's rapacious hiring in Asia.
The structured products vendor entered the Asia market last year in Hong Kong and Singapore. finews.asia reports on how the Swiss bank plans to keep spreading out.
Switzerland's largest bank has lured a seasoned investigator from a British rival. The forensic specialist will monitor bankers at the company, which has been involved in several high-profile scandals in recent years.
Financial technology funding in Asia declined in the final quarter of 2017, Singapore bucked the regional trend.
The hysterical speculation surrounding cryptocurrencies is damaging trust in new financial technology developments, according to the Singapore regulator.
Hampered by a shallow pool of wealth management talent, Singapore's financial market is about to plug into a new pipeline.
China's investment firm CITIC has stepped in with a lifesaving loan for troubled HNA Group. The deal gives the conglomerate some breathing space.
Sustainability reports do not always provide a comprehensive picture of a company’s performance. The LGT ESG Cockpit therefore incorporates qualitative but also quantitative factors when assessing sustainability.
The Swiss bank is reportedly planning to lift bonuses for its investment bankers in Asia. The move represents a bouncing back from last year's austere round of payouts.
Singapore's largest lender wrapped up the acquisition of ANZ’s wealth management and retail banking business in five Asian countries.
ANZ slashed business units in Asia over the past 18 months. Now, the Australian bank is moving some jobs back to the region – perhaps not in the way bankers might expect.
HNA Group previously denied it wants out of the German lender. Signs are mounting that the stake may not be sacrosanct, as the Chinese investor grapples with its debt load.
The sentencing of a former Credit Suisse private banker specialized in wealthy Russians paves the way for his former clients to pursue legal action against the Swiss bank.
The Swiss derivatives boutique managed a remarkable turnaround last year. This year should be its breakout year – if it weren't putting the brakes on its own development.
The cryptocurrency world is full of potential landmines for prospective buyers. Nicolas Roth explains how investors can avoid pitfalls, in an exclusive essay for finews.first.
U.S. shareholders are bringing a class-action suit against Credit Suisse – and against Chief Executive Tidjane Thiam.
UBS and Credit Suisse joined other asset management heavyweights in Shanghai for the launch of a new industry association.
China is strangling cryptocurrency exchanges into submission. Now, Hong Kong is also tightening the net.
A Swiss court is poised to convict a former Credit Suisse banker over dealings with a billionaire ex-prime minister of a former Soviet republic. The move opens the floodgates for Russian claimants.
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