A criminal case involving Credit Suisse, a former employer, and Bulgarian drug traffickers has resulted in imprisonments and fines. Credit Suisse will appeal.
Troubled crypto lender Celsius Network has reportedly hired consultants to advise on a possible bankruptcy filing while a Wall Street giant was raising funds to buy its distressed assets.
Monetary Authority of Singapore’s chief fintech officer lauded the crypto industry’s progress thus far but warned against creating a «forced error» that could mark a premature end to a promising market.
UBS is feeling underappreciated and seeking help from its US counterparts to increase its book value.
One of the effects of COVID-19 has been to significantly reduce the number of unbanked individuals in the archipelago, a study says.
Although the war for talent is raging, current market headwinds are likely to halt the advance of soaring salaries.
Although the rules and potential scenarios are still in the making, it is now clear that even the banking world cannot fail to consider the Metaverse in defining its strategy, Gianluca Gerosa writes in an essay for finews.first.
Credit Suisse Asset Management continues to make progress on its supply chain finance fund payments by signing an agreement with mining firm Bluestone Resources.
Australia’s Suncorp is ostensibly looking to dispose of its banking operations and refocus on its insurance arm.
Despite reopening hopes and stimulus injections, Deutsche Bank has not yet advised investors to fully reenter the Chinese market.
A Goldman Sachs and ICBC joint venture has received China’s approval to begin wealth management operations on the mainland.
The American subsidiaries of Switzerland's two globally systemic banks have passed the Federal Reserve's annual stress test. They are prepared for a possible crisis.
Little news is expected during Credit Suisse's investor deep dive next week, research by finews.asia indicates. That is a fundamental problem that is very relevant to others.
Private Client Services by Mercer, a market leader in leveraging technology to deliver integrated life insurance solutions for high-net-worth individuals, broke new ground as the first insurance broker to provide Hong Kong-based life protection solutions remotely...
He has his own hashtag and it is celebrated far and wide in the financial media as the Jules Verne of the analyst community. In difficult times, Zoltan Pozsar is one of the few stars that the major bank Credit Suisse can boast.
A former Deutsche banker has rejoined the German lender to co-head global foreign exchange for the Asia Pacific region.
A new twist in the sunken seafood restaurant saga encapsulates the double speak that is becoming increasingly prevalent in Hong Kong.
Despite a $40 billion wipeout of two major tokens, fallen Terra co-founder Do Kwon reportedly said that he was little affected due to a modest lifestyle and reiterated that he committed no fraud.
The troubled London Metal Exchange has appointed a consultant to conduct an independent review of the issues that caused the landmark nickel fiasco earlier this year.
Credit Suisse’s US operations passed the annual stress tests – even the «severely adverse» scenario – from US regulators.
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