Zurich-headquartered Vontobel has announced the appointment of a new chief executive officer for Singapore, finews.asia has learned.
UBS subsidiary Credit Suisse is reported to have recorded around $4 billion in losses for the second quarter. All eyes are now on Thursday when UBS reports its results.
Frankfurt-based Deutsche Bank has reportedly appointed several new roles within its financing business in Asia.
Charlotte-based asset manager Barings has expanded in APAC with the hire of new directors in Singapore and Sydney.
Many of today’s investors have become conditioned to rising markets and a system that allowed for the privatization of profits and wealth and the socialization of capital losses when markets exhibited sustained stress. Given that many in today’s marketplace are...
Singapore-based multi-family office Whampoa Group has hired a former JPMorgan executive for its digital banking arm in Bahrain.
OCBC’s private banking arm has hired a former UBS executive for its Europe business, finews.asia has learned.
Citi registered top line growth in Hong Kong across its institutional and wealth management businesses, including a record increase in new clients within the private banking arm.
Banking crises are difficult to prevent and why Swiss economic historian Tobias Straumann is skeptical of the «new» UBS. It could become too big for the Swiss financial center. Some precautions could help ensure a debacle like Credit Suisse doesn't happen again.
The former chairman of the major Swiss bank served as chairman of Savoy Hotel Baur en Ville owned by Credit Suisse. But he's checked out from that mandate.
Family offices in the Asia Pacific region boasted the lowest allocation to cash and the highest to equities, according to a report by Citi Private Bank.
Bankrupt crypto exchange FTX has hired Mike Novogratz’s Galaxy to help manage its digital assets holdings.
Munich-based Allianz Global Investors is the latest asset manager to receive regulatory approval to set up an onshore fund unit in mainland China.
Sandro Schmid has many years of experience in bank risk management and once worked for Credit Suisse. UBS should think twice before putting shareholder value above everything else when integrating Credit Suisse, the banking consultant tells finews.asia.
HSBC has reportedly hired a former investment banker from Evercore to lead dealmaking coverage in Singapore.
The newly formed China unit of private equity giant Blackstone has received regulatory approval to raise funds for foreign investments.
Lombard Odier registered stable net profits and assets under management in the first half of 2023. Like other rivals, it also expects to benefit from talent outflows at Credit Suisse.
When it comes to market capitalization levels, three Swiss companies are more than equal to those on the mainland and ahead of practically everyone else – except in finance.
A trio of former human resources executives from Credit Suisse in APAC have resurfaced at new homes, finews.asia has learned.
UBS along with Goldman Sachs, JPMorgan and Morgan Stanley have agreed to pay nearly half a billion dollars to settle an antitrust lawsuit in the US over stock lending.
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