The arrival of Sergio Ermotti at the helm of UBS/Credit Suisse might, contrary to expectations, not be such good news for UBS employees. This is mainly because the new CEO has promised to cut jobs.
Knight Frank indicates London remained the top location for global cross-border private capital in 2022, with Singapore ranking second.
The British-based bank launches a structured product that uses an artificial intelligence engine to optimize asset allocation.
The government’s adjustment of the global investor program puts the city-state out of easy reach - for even centimillionaires. finews.asia takes a closer look.
Private markets investment management firm Hamilton Lane enters a partnership with Alta to expand across Southeast Asia.
The crypto exchange Binance sees significant withdrawals following a lawsuit by the US CFTC.
Citi chooses a new global head of credit risk for its commercial bank from its pool of executives in the Asia Pacific region.
Shareholders won’t vote on dividends, a transformation award, or whether to discharge the board and senior executives for 2022 as UBS’s planned acquisition renders them moot.
Nearly a decade after Credit Suisse's plea agreement with the US over helping American citizens evade taxes, the US Senate Finance Committee said it found a potential criminal tax conspiracy.
Crypto giant Binance is facing regulatory pressures in the US, including a lawsuit by the Commodity Futures Trading Commission over multiple alleged violations.
The savvy Irish banker and UBS chairman Colm Kelleher recognized a dangerous power play could threaten him. Then, he acted quickly and purposefully, in line with his desire to leave a monumental legacy.
A former senior executive from Union Bancaire Privée has joined Bank of Singapore to lead its Middle East business.
The head of Citi’s commercial banking arm for Asia Pacific will relocate to New York to take on a new role.
Officials in Montenegro claim that Terraform Labs co-founder Do Kwon said he had received preferential treatment from officials elsewhere while on the run.
UBS has tapped Sergio Ermotti as its new Group CEO and president of its executive board.
Former FTX chief Sam Bankman-Fried has been slapped with another charge by US authorities over alleged bribes to Chinese officials.
Swiss private bank EFG International is proposing a veteran manager from UBS for its board of directors. Having already obtained regulatory approval, the nomination comes to a vote at EFG's AGM on April 21.
Citi has appointed new heads for its markets as well as treasury and trade solutions unit in Southeast Asia.
Julius Baer has expanded its global India team with a new hire in Singapore, finews.asia has learned.
Credit Suisse's AGM is on the calendar next week. It's the first in-person shareholder meeting since the Covid pandemic. And in all likelihood, it will be the last.
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