Bankers bonuses have been a hotly discussed topic in Switzerland for years. The employees of the Swiss banks nevertheless still enjoy handsome performance-related payouts. But there are significant differences between the institutes, not least between UBS and CS.
Australia’s JBWere is entering an alliance with investment bank UBS, which will allow a broader offering to its private wealth clients.
China and Switzerland plan to strengthen their anti-corruption cooperation, according to Chinese Foreign Minister Wang Yi and its counterpart Didier Burkhalter.
Credit Suisse, the second-biggest bank of Switzerland, has to cut costs and has now started to execute its plans. Several hundred of its bankers in the City will have to look for new jobs, according to a newspaper report.
Swiss Banking once was famed for its values. Returning back to those would help the industry to better position itself in a competitive international environment, Count Francis of Seilern-Aspang writes in an essay for finews.asia.
Exiger, the regulatory and financial crime, risk and compliance firm, has announced the appointment of a new Managing Director to lead the firm’s Hong Kong office.
Point72 Asset Management the family office managing the assets of its founder, Steven A. Cohen, with offices in New York, London, Hong Kong, Tokyo, and Singapore has appointed a new head for Asia.
Four months after completing its takeover of SEB Asset Management, Savills Investment Management is poised to launch a billion-dollar Asia core-plus fund.
Fund managers at Lombard Odier Investment Managers badly underestimated the success of established technology firms on the stock exchange. The bank's bosses had to call in a fund giant to help out, research by finews.asia showed.
The China Construction Bank last night opened its branch in Zurich, the single most important step towards the institution of a renminbi-hub in Switzerland.
Standard Chartered has announced a series of internal management changes to the private bank according to a memo sent on Friday. The new hires include former UBS and BNP Paribas bankers.
Asset Manager Columbia Threadneedle Investments has announced two senior appointments to its Asian team to drive the group’s business growth in the region.
Vermilion Software, a supplier of client reporting and communications software, has announced a significant deal with Asian global asset manager Nikko Asset Management.
Having just got his feet under the desk new ANZ CEO Shayne Elliot must be dismayed to see the bank’s name appearing prominently in the media, but not in the business section.
The international Vistra Group is acquiring a Zurich-based family office and consulting partner that specialises in providing services to clients mainly based in Asia.
Against a backdrop of turbulent regional markets, auction house Sotheby’s will hold its first fine and rare wine event in Hong Kong on January 30.
A shrinking domestic market is pushing major Japanese banks and insurance companies to other countries for growth, making their revenues increasingly dependent on overseas loans and investment banking business.
Swiss company EdgeLab aims to help cut IT and operating costs as much as sixfold compared with existing solutions and to calculate and analyse around 300 times more factors in risk modelling.
The Swiss private banks are at loggerheads with the bankers association – after taking a neutral position on a political move to amend the constitution to include banking secrecy, a highly contentious bid by some exponents of the right-wing People's Party.
After the surprising withdrawal of Safra Sarasin from the bidding war for BTG Pactual's BSI unit yesterday, another new potential buyer has announced its interest today.
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