Tuesday, 4 November 2025

FINANCE Thursday, 23 March 2023 16:31

Hong Kong Lures Family Offices with New Measures

The Hong Kong government will announce a series of measures during its summit on Friday to attract family offices to the city.

FINANCE Thursday, 23 March 2023 16:03

MAS: AT1 Losses to be Covered by Resolution Fund

In the midst of a Credit Suisse AT1 bond wipeout, the Monetary Authority of Singapore is exercising its powers to allow investors to potentially claim some losses from an industry-funded pool.

FINANCE Thursday, 23 March 2023 14:44

Hong Kong: Asia’s Most Expensive City for Business Travel

Hong Kong maintained its throne in 2022 as Asia’s most expensive destination for business travel, according to ECA International.

PEOPLE Thursday, 23 March 2023 14:35

John Mack's Advance Praise for UBS Chairman Kelleher

The retired Morgan Stanley heavyweight and former Co-CEO of Credit Suisse has mixed feelings about his former employer. Still, he is full of praise for UBS's current chairman, saying he is the right person to handle a large-scale, complex merger.

PEOPLE Thursday, 23 March 2023 12:01

DWS Appoints APAC Head

German asset manager DWS has announced the appointment of a new head for the Asia Pacific region.

FINANCE Thursday, 23 March 2023 11:57

UBS Wants Out of CS First Boston Deal

UBS is said to have assigned a legal team to terminate the deal between Credit Suisse and Michael Klein over its purchase of M. Klein & Co.

HIGH-END Thursday, 23 March 2023 11:44

Art Basel Launches in Hong Kong This Week

Art Basel, supported by lead partner UBS, will launch its first post-pandemic show in Hong Kong this week.

FINANCE Thursday, 23 March 2023 10:45

Swiss Government Brakes Credit Suisse's Wage Excesses

With the rescue of Credit Suisse by UBS coming with government assistance, Credit Suisse's bonuses have become a public topic. The department of finance has stepped in.

FINANCE Thursday, 23 March 2023 10:26

Why Blackrock Didn't Make a Move on Credit Suisse

BlackRock founder Larry Fink smelled an opportunity to take over parts of Credit Suisse at a bargain basement price. 

PEOPLE Thursday, 23 March 2023 10:24

Credit Suisse Nets Ex-Deutsche Private Banker

Newly acquired Credit Suisse has appointed an industry veteran as the Southeast Asia vice chairman of its wealth management unit, finews.asia has learned.

FINANCE Thursday, 23 March 2023 09:32

Credit Suisse CoCo Bonds Have Phones Ringing at Finma

Investors in Credit Suisse's AT1 bonds are suffering a total loss while shareholders are receiving 3 billion francs is causing a stir around the world. Why did Switzerland choose this path?

FINANCE Thursday, 23 March 2023 09:27

UBS to Buy Back Two Notes it Just Sold

UBS issued two new debt instruments on Friday. Then came the announcement of its forced takeover of Credit Suisse. Now UBS is offering to buy them back. 

HIGH-END Thursday, 23 March 2023 09:17

Patek Watch Fetches Record Price at Online Auction

The highest price ever paid for a watch via an online auction was set by a tourbillon from Swiss watchmaker Patek Philippe. The bidding took place at Christie's in Hong Kong.

FINANCE Wednesday, 22 March 2023 15:42

GlobalData: UBS-CS Deal Creates Competitive Issues

UBS’s acquisition of Credit Suisse will create a global private banking behemoth and this is expected to cause issues in the competitiveness of the industry, according to GlobalData.

PEOPLE Wednesday, 22 March 2023 14:56

Investment Firm 3 Capital Partners Hires COO

Hong Kong-based private investment office 3 Capital Partners has announced the appointment of a chief operating officer.

FINANCE Wednesday, 22 March 2023 12:12

Credit Suisse Event Spotlights Hong Kong Icon

In what could be its final client event, Credit Suisse spotlighted Hong Kong’s local culture via iconic designs featured at its 26th Asian Investor Conference this week.

PEOPLE Wednesday, 22 March 2023 10:22

BofA Names New ECM Co-Heads in APAC

Bank of America has reportedly appointed new co-heads of equity capital markets in Asia Pacific.

FINANCE Wednesday, 22 March 2023 10:11

Hong Kong Family Office Summit Issues Speaker List

Hong Kong’s upcoming family office summit has released a speaker list which includes the executive chairman of J.P. Morgan’s global private banking division.

PEOPLE Wednesday, 22 March 2023 09:04

From Pillar to Post: Between Switzerland's Banks

For years employees of UBS and Credit Suisse have been wandering in and out of Switzerland's two main banks, often boosting their career and pay grades along the way. A look at the top ranks of the banks shows which managers are well-versed in both cultures.

FINANCE Wednesday, 22 March 2023 09:01

Government and UBS Split Losses from CS Investment Bank

The guarantees for UBS in its takeover of Credit Suisse go deeper than it initially appeared, according to an investor presentation UBS held late Sunday night.

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