Fidelity’s investment management arm has announced the appointment of a head of Taiwan.
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.
Credit Suisse’s asset management chief Ulrich Koerner is confirmed as the bank’s new CEO and successor to Thomas Gottstein.
His resignation was announced on Wednesday during the second quarter earnings result.
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.
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.
Hong Kong’s financial market could see a much needed boost with Alibaba planning to add a primary listing on the city’s exchange.
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.
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.
Chinese authorities are reportedly planning to set up a real estate fund, in the midst of an ongoing mortgage boycott against unfinished homes.
Deutsche Bank has reportedly reorganized the top regional ranks of its investment banking business following the exit of longtime executive Drew Goldman.
Credit Suisse will pay restitution to investors in the scandal involving bonds used to fund the purchase of tuna fishing boats in Mozambique.
A consortium of banks led by UBS and Deutsche Bank reportedly incurred a $200 million loss on a corporate acquisition involving bridge financing.
A former alternatives specialist from Bank of Singapore has joined J.P. Morgan Asset Management to oversee retail distribution for the asset class.
Mitsubishi UFJ Financial Group will reportedly double the size of its recently created Japanese unit dedicated to affluent clients.
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.
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.
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.
Swiss private bank Julius Baer reported profits falling by a quarter during the first half of the year, characterizing them nevertheless as resilient.
The city government is reportedly ready to make a final decision on a new and reduced quarantine process for arrivals.
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