A former credit portfolio manager at Singapore sovereign wealth fund GIC is reportedly launching a hedge fund in London.
Chicago-headquartered Northern Trust has announced the appointment of a new Hong Kong head of asset servicing.
UBS increased its provisions for Credit Suisse's legal disputes significantly, sending a strong signal to those who still have a score to settle with the acquired bank.
The government of Indonesia has launched a new golden visa scheme to attract foreigner investors.
UBS CEO Sergio Ermotti is optimistic the «New UBS» will be able to compete and offer good service. The focus is on implementing the integration of Credit Suisse and on clients.
The former chairman of the Monetary Authority of Singapore has become the city-state's ninth President.
The founder and chief executive officer of India’s fourth largest bank has decided to voluntary step down ahead of schedule.
An eagerly awaited expert report on the lessons learned from the takeover of Credit Suisse is now available. It points to real dangers for the Swiss banking industry.
Hardly any other topic is discussed as emotionally as the home office, in employee staff meetings as well as in private circles, Karin Klossek writes in an article on finews.first.
With the demise of Credit Suisse, the Swiss economy is losing diversity, as it did when other major Swiss banks disappeared.
Chicago-headquartered JLL has expanded its capital markets business in Asia with the hire of a former Bank of China executive.
The integration of history-laden Credit Suisse is running like a well-oiled machine in the view of finews.asia, with seemingly nothing gumming up the works set in motion by UBS CEO Sergio Ermotti.
Mitsubishi UFJ Financial Group’s Japanese brokerage joint venture with Morgan Stanley has been sued over the sale of Credit Suisse’s Additional Tier 1 notes.
The bank engaged in an extensive review after being one of the banks affected by a Russian ransomware attack early in the year. The first casualty? Going digital.
London-headquartered Standard Chartered’s chief financial officer has decided to retire. A former Bank of America executive has been hired as a successor.
UBS CEO Sergio Ermotti is optimistic the «new UBS» will be able to compete and offer good services. The focus is on implementing the integration of Credit Suisse and clients.
UBS creates certainty: The domestic business of Credit Suisse will be integrated into the group.
For the first time, private bank Pictet is disclosing the amount of new money it acquired. There are good reasons for this and probably attributable, to some degree, to the Credit Suisse debacle.
Credit Suisse's downward slide continued in the second quarter. Assets under management declined further and the takeover by UBS resulted in high costs.
As UBS integrates units from Credit Suisse, it's interested in its traditional investment bank. It's far less true for Credit Suisse's Global Markets Business. Clients need to make a choice.
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