Wednesday, 5 November 2025

FINANCE Thursday, 24 November 2022 11:11

Hex Trust Receives Virtual Asset License in Dubai

Hong Kong-headquartered Hex Trust has received a license in Dubai to operate as a virtual asset service provider.

PEOPLE Thursday, 24 November 2022 10:22

Generali Appoints Hong Kong CEO

Italian insurer Generali has hired a new chief executive officer for its Hong Kong life unit.

HIGH-END Thursday, 24 November 2022 10:05

Daniel Duric: «UAE is the Most Secure Country in the World» 

The United Arab Emirates is one of the most popular targets for Asian immigrant investors seeking residency as well as the «most secure», Passport Legacy managing director Daniel Duric said in a conversation with finews.asia.

FINANCE Wednesday, 23 November 2022 21:44

Credit Suisse: Adrift in the Fog

With its new strategy, Credit Suisse management wants to create clarity on how the crisis-ridden bank will navigate the next three years. But it is not even apparent how exactly it will get through this year.

FINANCE Wednesday, 23 November 2022 21:42

Credit Suisse Shareholders Greenlight Capital Raise

Shareholders approve two capital increases which will raise around 4 billion Swiss francs.

FINANCE Wednesday, 23 November 2022 15:38

Will Genesis be the Next Crypto Domino to Fall?

Speculation over the contagion effects of the FTX bankruptcy has been brewing for days. Negative reports around the crypto broker Genesis are intensifying.

FINANCE Wednesday, 23 November 2022 15:36

FTX Hearing Reveals $300 Million Spent on Homes

FTX was run as Sam Bankman-Fried’s «personal fiefdom», according to a recent court hearing, with hundred of millions of dollars spent on real estate.

FINANCE Wednesday, 23 November 2022 14:37

Credit Suisse Bleeding Managed Assets

Since the end of the third quarter, Credit Suisse experienced a further drop in assets under management. It warns of a loss in its wealth management business. 

FINANCE Wednesday, 23 November 2022 14:35

MAS Defends FTX Stance

The Monetary Authority of Singapore issued a statement to defend its regulatory stance in the FTX debacle, in part by detailing the reason behind the difference in treatment when dealing with crypto rival Binance.

FINANCE Wednesday, 23 November 2022 13:18

Private Banks Hitting the Cost Brakes as Assets Decline

Faced with declining assets, Swiss private banks are pumping the brakes on costs nearly across the board. But that is only a short-term solution.

FINANCE Wednesday, 23 November 2022 11:43

Quantifeed Acquires UK Fintech Firm

Hong Kong digital wealth firm Quantifeed plans to widen its global footprints with the acquisition of a UK fintech firm.

FINANCE Wednesday, 23 November 2022 11:28

Global Banks Positive on Post-FTX Crypto Outlook

An FTX collapse has extended the broader crypto downturn but this time around, global banks appear relatively more positive about the longer-term outlook, illustrating the recent woes as a net positive for overall market development. 

PEOPLE Wednesday, 23 November 2022 09:22

SNB Taps its Singapore Head for Zurich-Based Role

The head of the Swiss National Bank's branch office in Singapore is returning to Switzerland to take on a role in Zurich.

PEOPLE Wednesday, 23 November 2022 09:20

Credit Suisse Splits Global Equities Into Two Regions

Following the departure of its head of equities trading, Credit Suisse is now splitting the role.

FINANCE Wednesday, 23 November 2022 09:15

FTX's Spell Over The «World's Best» Investor and Largest Crypto Funds

The world's largest bitcoin fund is increasingly coming under the dark cloud of the FTX crash. For its part, crypto asset manager Grayscale is backed by the powerful Digital Currency Group.

PEOPLE Tuesday, 22 November 2022 14:48

Morningstar Appoints Director of Passive Investment Ratings

Morningstar has announced the appointment of a passive investment ratings director based in Hong Kong.

PEOPLE Tuesday, 22 November 2022 12:02

BNP Paribas Appoints Transaction Banking Duo

BNP Paribas announced the appointment of transaction banking heads for Southeast Asia and India.

PEOPLE Tuesday, 22 November 2022 11:46

Citi Nets Banking Trio from StanChart, HSBC

Citi has hired a trio of corporate and investment bankers in Hong Kong from British lenders, Standard Chartered and HSBC.

PEOPLE Tuesday, 22 November 2022 11:24

AXA IM Alts Hires Head of Client Group for Asia

AXA’s alternative investments arm has announced the appointment of a head of client group for Asia.

PEOPLE Tuesday, 22 November 2022 11:01

Deutsche Bank Names Group Head of Southeast Asia Wealth

A former JPMorgan executive is joining Deutsche Bank as a managing director and group head for wealth management in Southeast Asia.

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