Activist hedge fund RBR is urging Tidjane Thiam to abandon his strategy for Credit Suisse and to split the Swiss bank into three parts. The two may soon meet face-to-face.
Commonwealth Bank of Australia wasted no time in utilizing the facial recognition tech on the new iPhone X.
Tidjane Thiam is famously ambitious, insular and inscrutable. How is he coping as he approaches his third year at the helm of Credit Suisse, nearing the end of a grueling three-year overhaul of the Swiss bank? A finews.asia profile.
China's HNA Group is issuing a high coupon, short-dated bond to global investors in a bid to refinance its debt. The move raises questions about the financial probity of Deutsche Bank's biggest shareholder.
Singapore authorities are probing the dealings of Goldman Sachs with the Malaysian state investment fund commonly known as 1MDB, according to a media report. The bank raised some $6 billion for the fund, meant for development projects.
India is about to fall in line with other Asian jurisdictions in suppressing cryptocurrency hysteria.
Reliance Industries Chairman Mukesh Ambani on Wednesday became the richest man in Asia.
Jamie Dimon of J.P. Morgan and UBS' Sergio Ermotti have made clear they don't trust bitcoin. Where does Credit Suisse boss Tidjane Thiam stand on the cryptocurrency boom?
Credit Suisse boss Tidjane Thiam and hedge fund activist Rudolf Bohli are competing with opposing strategies for investor favor. Who won the first round?
Growing wealth in Asia has seen many banks add to their client facing teams, Credit Suisse however is bucking that trend.
Hurricanes in the U.S. and Caribbean as well as a massive earthquake in Mexico pushed Swiss Re to a nine-month loss. The world's second-largest reinsurer faces $3.6 billion in claims linked to the devastation.
Credit Suisse protected quarterly profits from a fall in revenue by slashing costs. The Swiss bank's underachiever? Its Swiss unit, where profits crumpled. The standouts? Private banking and Asia, which benefited from major job cuts.
Credit Suisse recently marked the first anniversary of onshore wealth management in Thailand. Now the Swiss bank is looking at opening in another Southeast Asian country.
With the experience of three decades of banking in Asia, Lombard Odier aims to boost its business in the growth region through further partnerships with local companies.
DBS Bank launched a banking application programming interface platform for developers that is the largest by a financial institution.
Malaysia's Maybank announced a change of chief executive officer and other senior appointments in its Singapore operations.
National Australia Bank plans to shed up to 6000 jobs over the next three years, as the bank transitions into the digital era.
A former Credit Suisse banker is launching an initial coin offering to get a luxury venture off the ground. He has prominent support from a cryptocurrency industry heavyweight.
Bitcoin Suisse struggled for years to open bank accounts. CEO Niklas Nikolajsen told finews.asia how the Swiss cryptocurrency broker's toured the fringes of banking to find a firm willing to take his money.
BTG Pactual and EFG International fought for months over the price of a deal. Now, the Brazilian investment bank wants to get cozy with the Swiss private bank.
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