After serving four years as the Chairman of the Swiss Chamber of Commerce and Industry, Georg von Wattenwyl stepped down to hand over the Chair to his successor.
Geneva-based Union Bancaire Privée has fully acquired a new asset manager that specializes in Japanese small-cap equities.
The Monetary Authority of Singapore responded to a query about Angolan tycoon Carlos Manuel De Sao Vicente’s failed attempt at obtaining funds from a private bank in the city-state.
In the meantime, even fund houses that haven’t invested in GAM have an opinion about its future, while its official bidders are increasingly under pressure as finews.asia found out.
North Carolina-based Bank of America is reportedly planning to move 40 bankers in Asia to other divisions to avoid cutting the overall headcount.
London-based HSBC is reviewing potential exits in up to a dozen markets worldwide to sharpen its focus on expansion in Asia.
UBS has been a net gainer in customer balances following the takeover of Credit Suisse, boosting its market position in the southern part of the Asia Pacific region.
Credit Suisse executives will have their outstanding bonuses for 2022 canceled or reduced. UBS bonuses could also take a hit.
The Swiss-based private bank is appointing a former Barclays banker to look after an important market, where it plans to grow.
When the Swiss government and Swiss regulator forced UBS to rescue Credit Suisse, one of the conditions was that AT1 instruments would be written off.
More family offices continue to be set up in Singapore following two years of strong demand, according to data analytics firm Handshakes.
Independent investment specialist Matthews Asia has hired a new head for the regional business.
After 22 years at Vontobel the CEO of Bank Vontobel plans to retire from his CEO post next year.
Liechtenstein-based VP Bank is observing rising demand for the tokenization of collectibles in Asia, following the launch of its blockchain offering in the region.
Hong Kong’s Securities and Futures Commission has concluded the consultation period on regulations for crypto trading and will begin to accept license applications in June.
One industry giant after the other is stepping out of the insurance industry's most important climate alliance with Switzerland's largest reinsurer Swiss Re, the most recent to depart.
Japan’s Mizuho has become the nation’s third lender to sell AT1 bonds following the highly scrutinized Credit Suisse wipeout.
«Fixed income markets are on the top of investors' minds right now. With interest rates at their highest in a decade and credit spreads continuing to widen, there are numerous opportunities to seize. Vontobel and finews.asia are pleased to invite you to an...
Standard Chartered chief executive Bill Winters spoke about the UBS takeover of Credit Suisse, calling the deal «very surprising».
Another group of investors face losses related to Credit Suisse’s AT1 bonds.
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