Before Credit Suisse's strategic overhaul last year, Deutsche Bank considered buying parts of the troubled Swiss lender had they become available.
Difficult market conditions are adding pressure to Credit Suisse's real estate funds.
Although financial markets appear to have settled into living with the war in Ukraine, ongoing growth headwinds will likely persist, Razan Nasser writes in an essay on finews.first.
It has been over a week since the chairman of a boutique investment bank went missing in China. finews.asia takes stock.
Potentially peaking rates and improving investor sentiments are expected to shift the split of wealth revenue at OCBC in favor of non-interest income, according to CEO Helen Wong.
OCBC’s wealth management business saw assets under management stay flat as net new money managed to offset negative market movements.
Credit Suisse Chairman Axel Lehmann and various managers attended the White Turf event in St. Moritz last weekend. A recent social media post about basking in sun and snow seems out of place after yesterday's plunge in its stock price.
As China gradually opens its financial markets to Western institutions, UBS is looking for a license to sell mutual funds.
Private markets firm Apollo is considering a move into Credit Suisse's revamped investment bank. It would be the New York-based firm's second act with Credit Suisse.
OCBC posted a record net profit for 2022 as revenues were significantly boosted by rising interest rates.
Following the acquisition of Citi’s consumer banking business in four markets in Southeast Asia, UOB has expanded its retail customer base in the region to nearly 7 million.
An industry expert maintains it is easy to keep virtual assets in check. finews.asia takes a look.
Hong Kong Exchanges and Clearing saw profits drop in 2022 after a slump in trading and listing activities.
Citi has internally chosen a new head of retail banking in Singapore.
Paris-headquartered Amundi has announced the appointment of a new South Asia head of institutional sales.
Real estate services firm Cushman & Wakefield has appointed a head of sustainability for Asia Pacific.
With roughly 400 million Swiss francs in excess capital, Swiss private bank EFG International wants to be a participant in the consolidation of the wealth management industry. CEO Giorgio Pradelli also has clear ideas about what he likes.
A surge in interest income more than offset lower fee income and higher costs at UOB, resulting in record profits for 2022.
Swiss banks are full of art, and yet the understanding of art as an investment is often not very advanced. The startup of an ex-banker seeks to change that.
This year’s budget speech by the financial secretary puts the industry and family offices at the center of its pandemic recovery plan while raising the prospect of streamlined suitability processes.
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