Wednesday, 29 April 2026

PEOPLE Wednesday, 27 July 2022 12:24

Fidelity International Names Head of Taiwan

Fidelity’s investment management arm has announced the appointment of a head of Taiwan.

FINANCE Wednesday, 27 July 2022 11:19

US Report Claims Fed Unable to Counter Chinese Info Theft

A report by the Senate Homeland Security Committee claims that the Federal Reserve has faced the threat of Chinese information theft for a decade, citing alleged cases of forced detainment, unapproved data transfers and more.

PEOPLE Wednesday, 27 July 2022 09:17

Ulrich Koerner Succeeds Thomas Gottstein

Credit Suisse’s asset management chief Ulrich Koerner is confirmed as the bank’s new CEO and successor to Thomas Gottstein.

PEOPLE Wednesday, 27 July 2022 04:50

Credit Suisse CEO Thomas Gottstein Departs

His resignation was announced on Wednesday during the second quarter earnings result. 

FINANCE Tuesday, 26 July 2022 21:38

Ralph Hamers – Surfing the Interest Rate Wave

The head of UBS speaks about the adverse environment for the world's largest private bank. But there is one wave bankers can ride without much effort as finews.com shows.

PEOPLE Tuesday, 26 July 2022 16:04

34-Year Citi Vet to Lead Affluent Units in Asia

A 34-year veteran from Citi has returned from his sabbatical to lead the bank’s affluent segments – Citigold and Citigold Private Client – in the region.

FINANCE Tuesday, 26 July 2022 15:35

Alibaba Eyes Primary Listing in Hong Kong

Hong Kong’s financial market could see a much needed boost with Alibaba planning to add a primary listing on the city’s exchange.

FINANCE Tuesday, 26 July 2022 13:19

Invested Assets Plummet at UBS’ Asia Wealth Unit

Risk appetite amongst wealth management clients in Asia evaporated at UBS in the last 12 months, which saw invested assets plummet by more than $120 billion.

FINANCE Tuesday, 26 July 2022 12:58

UBS Profit Run Continues in Second Quarter

Despite one of the most challenging investment environments in a decade, Switzerland's largest bank managed to match its first-quarter profit performance in the second.

FINANCE Tuesday, 26 July 2022 11:59

China Plans Real Estate Fund Amid Mortgage Boycott

Chinese authorities are reportedly planning to set up a real estate fund, in the midst of an ongoing mortgage boycott against unfinished homes.

PEOPLE Tuesday, 26 July 2022 10:08

Deutsche Bank Reshuffles Top Investment Banking Roles

Deutsche Bank has reportedly reorganized the top regional ranks of its investment banking business following the exit of longtime executive Drew Goldman.

FINANCE Tuesday, 26 July 2022 09:39

Credit Suisse Reels in Tuna Bonds Case

Credit Suisse will pay restitution to investors in the scandal involving bonds used to fund the purchase of tuna fishing boats in Mozambique.

FINANCE Tuesday, 26 July 2022 09:39

UBS Part of Banking Group Suffering Buyout Lending Loss

A consortium of banks led by UBS and Deutsche Bank reportedly incurred a $200 million loss on a corporate acquisition involving bridge financing.

PEOPLE Monday, 25 July 2022 17:19

Ex-Bank of Singapore Alts Experts Joins J.P. Morgan AM

A former alternatives specialist from Bank of Singapore has joined J.P. Morgan Asset Management to oversee retail distribution for the asset class.

PEOPLE Monday, 25 July 2022 17:06

MUFG to Double Headcount at Japan Wealth Unit

Mitsubishi UFJ Financial Group will reportedly double the size of its recently created Japanese unit dedicated to affluent clients.

PEOPLE Monday, 25 July 2022 15:52

SEBA to Add More Than a Dozen Staff in Asia

Julius Baer-backed crypto bank SEBA will reportedly take advantage of the selloff as a buying opportunity, with plans to add more than a dozen staff in Asia.

FINANCE Monday, 25 July 2022 15:11

Russian Central Bank Says No Request Received for HSBC Deal

The sale of HSBC’s Russian business to Expobank may have hit a road bump with the central bank governor stating that no request for approval for the deal was received.

FINANCE Monday, 25 July 2022 13:28

Julius Baer Asset Flows Dragged by De-Risking in Asia

Client response to market uncertainty in Asia during the early part of 2022 hits Julius Baer AuM, resulting in more than $1 billion in net outflows.

FINANCE Monday, 25 July 2022 13:12

Market Turmoil Hits Julius Baer in First Half

Swiss private bank Julius Baer reported profits falling by a quarter during the first half of the year, characterizing them nevertheless as resilient.

FINANCE Monday, 25 July 2022 11:21

Hong Kong to Make Decision on Quarantine Reduction Soon

The city government is reportedly ready to make a final decision on a new and reduced quarantine process for arrivals.

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