Tuesday, 7 October 2025

FINANCE Thursday, 21 March 2024 10:47

Baroness Dismisses Rothschild Merger as «Fantasy»

Speculations about a merger between the Swiss and French Rothschild banking groups are picking up once more. Ariane de Rothschild, CEO of Edmond de Rothschild in Geneva, is having none of it.

PEOPLE Thursday, 21 March 2024 10:38

BOS Hires Former Deutsche Private Banker

OCBC's private banking arm has hired a former executive from Deutsche Bank’s wealth management unit, finews.asia has learned.

HIGH-END Thursday, 21 March 2024 09:52

Hurun: China’s High Net Worth Population Shrinks

The number of high net worth families in China shrunk for the second time since 2019, according to a report by Hurun. The pandemic and economic uncertainty were cited as key drivers for the contraction. 

FINANCE Thursday, 21 March 2024 08:43

Karen Ward: «Investors Place Too Much Weight on Politics»

Political considerations should not have a decisive say in an investment strategy, Karen Ward, chief investment strategist of J.P. Morgan Asset Management says in an interview with finews.asia. Furthermore, she explains why Europe could surprise investors this...

FINANCE Wednesday, 20 March 2024 16:55

Credit Suisse Headquarters to Become a Campus of Sorts

The Paradeplatz building served as Credit Suisse's headquarters for decades. UBS wants to turn it into a financial campus with about 4,000 workplaces. 

FINANCE Wednesday, 20 March 2024 15:43

Chinese Regulator Accuses Evergrande of Mega Fraud

Chinese regulators accused Evergrande of inflating its revenue by tens of billions of dollars. The allegations potentially make this one of the biggest frauds ever recorded in history. 

FINANCE Wednesday, 20 March 2024 11:59

US, UK Respond to Hong Kong's New Security Law

Officials in the US and UK responded to the approval of Article 23, a controversial national security law in Hong Kong.

FINANCE Wednesday, 20 March 2024 08:48

Prudential Appoints Chief Tech and Ops Officer

British insurer Prudential has named a former KPMG executive to lead technology and operations for the firm.

FINANCE Wednesday, 20 March 2024 07:56

Hong Kong Passes Article 23

Hong Kong’s legislative council has officially passed Article 23, a controversial security law that includes bans on various acts opposing Beijing.

FINANCE Wednesday, 20 March 2024 07:15

One Year After CS Debacle, Hedge Funds are Scrambling for Bank Shares

Hedge funds are currently majorly investing in the shares of big banks. And not because they have downside bets on their mind.

FINANCE Wednesday, 20 March 2024 07:13

Julius Baer: Salary Cuts as a Precedent for Other Banks?

Zurich-based Julius Baer has paid its managers who were involved in the Signa debacle considerably lower bonuses. This is only right. We can only hope that this sets a precedent in the industry, as finews.ch editor-in-chief Dominik Buholzer notes.

FINANCE Tuesday, 19 March 2024 15:07

Teodoro Cocca: «If There is a Next Time For UBS, Washington Will Decide»

Swiss finance has been breaking its head over what regulations need to change after UBS rescued Credit Suisse exactly one year ago. The only thing everyone agrees on - never again should a major Swiss bank collapse. Yet the gap between now and never is large,...

FINANCE Tuesday, 19 March 2024 14:24

Dubai Ruler’s Nephew Forms Family Office in Hong Kong

Hong Kong’s quest to lure Middle Eastern wealth has seen its first high-profile success with the nephew of Dubai’s ruler seeking to form a family office in the city.

FINANCE Tuesday, 19 March 2024 11:19

Asia’s Top Beneficiaries of CS Wealth Talent Outflow

Today marks the first anniversary since the 2023 UBS takeover of Credit Suisse. finews.asia looks at the top beneficiaries in the region of private banking talent outflow from the now-defunct Swiss lender.

FINANCE Tuesday, 19 March 2024 09:54

Deloitte Unveils Number of Family Offices in Hong Kong

«Big four» firm Deloitte has published a study on the number of single family offices in Hong Kong. The figure places the city as a leading hub for the ultra-rich in Asia.

FINANCE Tuesday, 19 March 2024 08:25

Credit Suisse Takeover: Winners and Losers One Year On

Tomorrow (Tuesday, March 19) marks the first anniversary of the event of the century in the Swiss financial sector: the state-backed takeover of major Swiss bank Credit Suisse by archrival UBS. Twelve months later, who are the winners and losers? finews.ch...

FINANCE Tuesday, 19 March 2024 08:17

Signa Debacle Costs Ex-Julius Baer CEO Lots of Money

Philipp Rickenbacher, former CEO of the Zurich banking institution Julius Baer who stepped down in February, must suffer a substantial loss of salary due to the loan debacle surrounding real estate group Signa. Even chairman Romeo Lacher will have to tighten his...

ADVERTORIAL Monday, 18 March 2024 21:27

Money20/20: Over 200 Speakers and Industry Experts Confirmed

Money20/20, the world’s leading fintech show and the place where money does business, announces that more than 200 speakers are confirmed and will be taking the stage at Money20/20 Asia, held in Bangkok on April 23-25th.

FINANCE Monday, 18 March 2024 16:11

Julius Baer Expands RM Base in Asia

Zurich-based Julius Baer has expanded its base of relationship managers in Asia, which it calls its «second home market».

FINANCE Monday, 18 March 2024 15:22

Singlife Becomes Fully Owned Sumitomo Life Unit

Singapore insurer Singlife has become a fully owned subsidiary of Japan’s Sumitomo Life following regulatory approvals.

Newsletter Subscription

Chatbot

Chatbot Logo
Hello
How can I help you?