Switzerland's last major bank recorded a substantial $29 billion in profit for the second quarter of 2023, mainly because of negative goodwill related to Credit Suisse, which posted another large loss. UBS also decided to fully integrate the latter's Swiss...
Zurich-headquartered UBS recorded its strong second quarter in over a decade, in terms of net new money. There are also positive signals from newly acquired Credit Suisse which saw asset flows turn positive.
Former UBS chief financial officer Sarah Youngwood is joining a US exchange operator in the same role.
Voters will head to the elections tomorrow to select the next President of Singapore. Who is the frontrunner for the job?
Switzerland's Federal Council wants to strengthen country's the fight against money laundering with more transparency. It needs to catch up with other countries.
The ten arrested foreigners in Singapore’s major money laundering scandal returned to court yesterday to face new charges.
More details are emerging from Singapore’s major money laundering scandal, including the use of two local banks as creditors.
The private banking arm of Standard Chartered has launched a new alternative credit offering focused on trade finance.
Withers is currently supporting over 200 Singapore investors for claims linked to Credit Suisse's Additional Tier 1 bond write-down, the law firm’s partner Shaun Leong told finews.asia.
While Vontobel CEO Zeno Staub steps up his political campaign, the search for his successor enters a decisive phase.
Prudential's Asia-focused asset management arm, Eastspring Investments, has announced the appointment of a new chief executive officer.
UBS, as the new owner of Credit Suisse, has dropped its lawsuit against «Inside Paradeplatz.» The finance blog and the bank have reached an agreement.
Zug-based SEBA has obtained an approval-in-principle from Hong Kong’s Securities and Futures Commission to conduct licensed crypto activities in the city.
A top Credit Suisse banker who managed the wealth of Russian billionaires is being kept on by UBS. He joins a newly created wealth unit.
HashKey has officially launched its retail virtual asset exchange, furthering the development of Hong Kong’s crypto industry.
Monday’s stock market measures by China’s government fall flat. Is there anything else in store?
UK-based Janus Henderson has expanded its business in Asia with new hires in Singapore and Hong Kong.
More than seven months after first announcing its intention to explore a possible sale of its aviation finance leasing business, Standard Chartered has found a buyer from Saudi Arabia.
Canada’s RBC Wealth Management has named an interim head for Asia, following the recent departure of Terence Chow, finews.asia has learned.
Switzerland's Competition Commission is examining Credit Suisse's takeover by UBS. Proposals are expected at the end of next month.
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