Singapore and Thailand tie up to result in an investment in the next generation of digital asset infrastructure.
Transaction is part of the US bank's plan to exit its consumer business in Asia.
Hong Kong’s widely anticipated financial summit to showcase the city’s reopening efforts will begin tomorrow. The event is facing increasing headwinds – including an actual typhoon.
Key industry event to take place in person for the first time since 2019, with finews.asia returning as an official media partner.
Swiss bank UBS and First Abu Dhabi Bank join the growing CLSNet community of global and regional banks, which includes seven of the top ten global banks.
Credit Suisse will make China a central part of its Asia wealth management strategy in the coming years, including an increased focus on the onshore market.
The Hong Kong government released a policy statement on the city’s crypto ambitions, including access for retail investors.
As one of its largest shareholders, Saudi National Bank supports the reorganization of Credit Suisse, yet for the time being it has no plans to pump more money into the bank.
Qualified investors committed to buying 462 million new Credit Suisse shares for 3.82 Swiss francs, generating about 1.76 billion francs.
Singapore-based Hg Exchange has been acquired by Southeast Asian alternatives marketplace Alta, marking yet another development for the digital asset industry.
Lombard Odier’s Asia chief investment officer has left the Swiss pure-play after more than 14 years, finews.asia has learned, with a replacement named internally.
First, Credit Suisse’s Asia unit lost its structural autonomy. Now, the arms’ length distance to investment banking capabilities has also extended. Will the troubled Swiss lender remain «the bank for entrepreneurs» in the region?
Andreas Ita has high praise for Credit Suisse's new strategy. The former UBS executive and current managing director of consulting firm Orbit36 tells finews.com where bank management around Ulrich Koerner has more work to do.
The five-day Hong Kong FinTech Week kicks off today with expectations of 20,000 physical attendees.
Which has more merit, digital or traditional gold? For Ethereum mastermind Vitalik Buterin, there is no doubt.
Global surveys show that most digital transformation programs fail due to culture and people rather than technology. Ralph Ebert writes in his essay for finews.first. how this root cause particularly affects the balance of Compliance Culture vs. Digital Culture.
The former president of China Merchants Bank has reportedly been arrested due to alleged bribery and abuse of power, six months after he stepped down from the local lender.
Hong Kong authorities have arrested two individuals over a record money laundering case involving nearly half a billion dollars worth of precious metals.
Harris Associates, Credit Suisse's largest shareholder to date, welcomes CEO Ulrich Koerner's restructuring plans for bringing the bank into shape.
With its reorganization, Credit Suisse has yet to convince markets and investors. Nevertheless, a winner emerges from the ranks of the Swiss bank.
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