While the broader market of private investors may still have reservations about cryptocurrencies, some of Asia’s wealthiest and most prominent families are increasingly adding exposure to the digital asset class.
In the next few weeks, Goldman Sachs is said to be planning job cuts that could result in hundreds of terminations in a sign that dealmaking is slowing down.
Swiss banking tech provider Temenos has announced the appointment of a new managing director in Asia Pacific.
Clients globally at UBS have demonstrated increased market caution, according to chief financial officer Sarah Youngwood, with those in Asia Pacific still deleveraging positions.
Two former Credit Suisse traders go from writing banking algorithms to coding for the next generation of the internet.
HSBC chief executive Noel Quinn reiterated the bank’s positions on cryptocurrencies, underlining that it was more negative on the digital asset class than other competitors.
China’s zero-Covid policy will likely persist beyond the upcoming key Communist Party meeting next month, according to Goldman Sachs, with expectations for a pivot away only beginning in mid-2023.
Boris Collardi, who earlier this year bought a stake in EFG international, is a step closer to sitting on its board along with Alexander Classen.
In good news for shareholders, Switzerland's largest bank boosts its dividend and is on track to exceed buyback goals.
BNP Paribas has announced the appointment of a head of securities services for Australia and New Zealand.
HSBC breathed a sigh of relief as it dodged a third consecutive cancellation of its Rugby Sevens event. The fate of the Standard Chartered Marathon follows this week.
Despite ongoing concerns, Hong Kong’s planned financial summit in November has confirmed the attendance of a second global banking CEO.
Inflation is driving expenses significantly higher at HSBC, requiring it to be «brutal» on costs in order to meet financial targets.
To retain investment banking talent and contain costs, the Board of Credit Suisse is said to have raised the idea of an equity stake for top deal makers.
For Sergio Ermotti, diversification of the Swiss financial center is more important than maintaining two large banks.
The step by the Biden Administration could potentially come as soon as next month, likely further escalating the friction between both countries.
The joint initiative aims to make ESG data consistent and comparable for investors while facilitating reporting for listed companies.
«The nominal performance in equity markets over the next ten years in industrialized countries is expected to lie between 1 and 2 percent. Effectively, that means they will have the same returns as fixed income provides now,» writes Harald Preissler in a...
A Cologne-based asset manager with a presence in Zurich is appointing Axel Weber to a key position.
Evergrande’s Hong Kong headquarters has reportedly been seized by a bank after previously failing to sell the 26-story tower twice.
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