Judging by the latest earnings figures, banks are operating more efficiently than they have in years. But the industry could soon be heading into rough terrain, not least Credit Suisse.
Former Wheelock chairman and billionaire tycoon Peter Woo joins the call to scrap hotel quarantine for arrivals in Hong Kong, adding to pressures for the government to reopen the city.
DBS has announced a partnership with blockchain-based gaming platform, The Sandbox, acquiring a plot of virtual land within its metaverse.
Yesterday, Queen Elizabeth II passed away at the age of 96. finews.asia reviews the iconic roots of the longest-serving British monarch in Hong Kong’s financial history.
The crypto world is holding its breath as Ethereum’s upgrade nears and no one knows what the consequences will be. Dominik Spicher from 21 Analytics told finews.com which Swiss platform is likely to benefit the most from the switch.
While the US was arguing with China over access to audit papers of Chinese companies listed on US exchanges, Switzerland’s stock exchange was picking up secondary listings of Chinese companies.
Swiss Bank agrees to buy up its remaining stake in its CSS joint venture in China from Founders Securities.
A CLSA executive has been reportedly let go after proposing to move the firm’s marquee annual conference away from Hong Kong to Singapore.
Fidelity International has bolstered its sustainability capabilities in Asia with the appointment of two new executives.
Citi announced the appointment of a longstanding 19-year executive as its Asia head of custody.
Russia accelerated its decoupling from the US dollar and euro this week with the nation’s two largest lenders announcing ambitions in yuan-denominated lending.
Ex-Georgian prime minister and billionaire Bidzina Ivanishvili reportedly defended a bonus previously paid to former Credit Suisse banker Patrice Lescaudron, in response to questions illustrating the two’s relationship.
The head of sustainable finance for Asia Pacific at UBS will reportedly leave the Swiss bank to join Temasek Trust next year.
The search is on for an ex-Wirecard director suspected of fraud with the issuance of an Interpol red notice.
A Japanese brokerage firm celebrating its 120th anniversary is giving employees to channel their inner Buzz Aldrin on a virtual moon landing in the metaverse.
Former Georgian Prime Minister Bidzina Ivanishvili is currently a litigant against Credit Suisse in Singapore. Now in Ukraine, there are demands for steps to be taken against the wealthy ex-politician.
Hong Kong-based crypto custodian Hex Trust has announced the appointment of an industry veteran as a member of its advisory board.
Shanghai’s most high-profile financial forum has been officially postponed with organizers claiming the need to review key topics.
Interest in sustainable investing in Asia is high but adoption continues to lag, according to a recent Lombard Odier survey, with more work needed to convert enthusiasm into action.
BNP Paribas’ asset management arm has announced the appointment of a new chief executive for Asia Pacific.
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