Outflows at Credit Suisse persist, this time with the reported exit of its deputy head of wealth management in Asia.
Billionaire investor Ray Dalio will give up control of Bridgewater Associates after first establishing the hedge fund more than four decades ago.
Troubled Swiss lender Credit Suisse continues to face pressure from all fronts, this time from the reported exit of a handful of private bankers in Hong Kong.
Japan’s MUFG Bank has announced the appointment of an Asia Pacific head of financial sponsor coverage.
HSBC continues to explore ways to improve profitability via market exits, this time with the potential sale of its Canada business.
One of the world's most successful Instagram influencers gets lumped with a hefty penalty by the US regulator.
Many spac companies struggle to find suitable targets, Tidjane Thiam’s Freedom Acquisition Corp found one but said it wasn’t ready to be listed on the stock exchange.
Many banks, including UBS and Credit Suisse, are adopting agile methodologies and embracing the Cloud. Finews.com talked with a senior managing director at Accenture to discuss developments and trends.
Wild speculation about the bank's debt only mirrors the Swiss bank's underlying problems. It may only have one way out.
A wide-ranging set of potentially punitive rules similar to those levied against Huawei could hamper China's AI and supercomputing sectors.
A government minister indicated new connect scheme mechanism should stimulate trading, helping the hub recover lost ground.
The bank had a message for investors over the weekend after sending words of reassurance to staff on Friday.
The Swiss bank's leader tries to keep internal morale up while asking for a great deal of understanding of the tricky situation it is in.
Unlike former UBS executives Marcel Ospel and Peter Wuffli, former Credit Suisse Chairman Urs Rohner sees no reason to repay elements of his salary to his former employer.
It is not an exaggeration to state that with Blockchain technology the world is at the beginning of a new digital revolution, Philipp Cottier writes in his essay for finews.first.
Rothschild is reportedly expanding its investment banking business in India with the addition of more than half a dozen staff as the country continues to outshine other capital markets.
Hong Kong's reopening could be entering another gear with reported plans of offering hundreds of thousands of free plane tickets to lure visitors.
Bella Italia. Boris Collardi has added another mandate to his growing portfolio with a certain appetite for Italian companies.
China’s persistent zero-Covid policy is expected to remain in play in 2022 and beyond but when will the world’s second-largest economy finally reopen?
Deloitte’s China affiliate has been fined by the SEC over malpractice, amid an ongoing audit dispute between Washington and Beijing.
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