An abysmal fourth quarter, lingering concerns over capital adequacy, and a near-reversal of strategy have cast a shadow over Credit Suisse's board.
Despite the worst start of global markets in the last two decades Bank of Singapore and Lion Global Investors have launched the Lion-Bank of Singapore Asian Income Fund, which was offered exclusively to Bank of Singapore clients.
Former British prime minister Winston Churchill took considerable risks for his country. Less well known are the enormous financial risks that the iconic British statesman took with his personal fortune.
The Singapore operations of Ticino based BSI Bank have been taking up space in local, Malaysian and the international media as the collateral damage from the Malaysian Sovereign Wealth Fund scandal has begun to unwind.
HSBC’s Singapore Retail Banking and Wealth Management business is considered systemically important for the lion state. This has consequences.
Shares in Leonteq have been falling for months. CEO Jan Schoch isn't worried about it and aims for further growth. He's convinced that investors will return.
Morningstar Australasia has appointed a new Head of Sales and Distribution.
Zurich based Julius Baer has reached a final settlement with the U.S. Department of Justice in connection with its legacy U.S. cross-border private banking business.
UBS has announced the appointment of a new Head of Wealth Management South East Asia. The new head will relocate from Zurich and from 1 April will report to Edmund Koh, Head of Wealth Management Asia Pacific and the previous incumbent of the role.
A poor year, with a catastrophic fourth quarter: Credit Suisse has not started well into the tenure of CEO Tidjane Thiam. The targets set for 2018 look challenging and rays of hope remain sparse.
The numbers out of Zurich today were not good for Switzerland’s second largest bank. Credit Suisse swung to full-year loss of 2.944 billion Swiss francs from a profit in 2014 after writing down the value of Donaldson, Lufkin & Jenrette, an bank it acquired in 2000.
Leonteq, which develops technology to distribute structured investments, has stopped its cooperation with Singapore's DBS because of diverging interests.
Global auction house Christie’s is offering up the prospect of owning costumes and memorabilia from the James Bond film «Spectre».
Credit Suisse swung to full-year loss of 2.944 billion Swiss francs from a profit in 2014 after writing down the value of Donaldson, Lufkin & Jenrette, an investment bank it acquired in 2000.
Following an investigation and hearing, the Australian Securities and Investments Commission has given a former National Australia Bank adviser a lengthy ban.
Global investment manager Principal Global Investors has appointed a former Director from the Monetary Authority of Singapore into a senior Singapore based role.
International law firm Stephenson Harwood has hired 7 lawyers from rival firm Eversheds in Hong Kong. The audacious raid includes two high profile partners who will soon be joined by five associates.
Julius Baer will on Thursday resolve a U.S. criminal probe into its role in helping wealthy Americans to evade taxes by paying a fine and admitting wrong-doing in its U.S. dealings, media reported.
Two Julius Baer bankers who stand accused of using fictitious names like «Hydrangea» and «Red Rubin» to disguise undeclared funds held by wealthy Americans traveled to the U.S. to face charges overnight.
Mark Holman, founder and CEO of TwentyFour Asset Management, in an interview with finews.asia explains his reasons for going together with Bank Vontobel and why now is a good time to hire.
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