Swiss digital asset specialist Crypto Finance AG has named a successor to head of Asia Alisher Tashpulatov with the relocation of a Swiss national to Singapore.
HSBC is facing calls by its largest shareholder, Chinese insurer Ping An, to break up its business by separating the Asia operations. Will reduced diversification serve the 157-year-old lender well in an increasingly divided world?
China's capital is the latest city battling a Covid outbreak although it reportedly isn't following Shanghai's contentious lockdowns.
Credit Suisse is facing a class-action lawsuit in the U.S. related to financing yachts and private airplanes of sanctioned persons.
The discharge vote was at the center of this year’s annual general meeting with proxy advisors against granting executives a discharge for 2020 before the event.
Without the colorful banker Boris Collardi, the Swiss banking industry was poorer by one controversial figure. But now the prodigal son has returned.
Hong Kong’s multimillionaire population dropped in 2021, according to a recent survey by Citi, in the midst of a challenging period for local equity markets.
Credit Suisse's incoming CEO for Europe disagreed with remuneration policies imposed on her previous employer.
Mitsubishi UFJ -owned asset manager First Sentier Investors has appointed a head of distribution in Japan.
Former star banker Boris Collardi had been very quiet after leaving Pictet last August. Now, surprisingly, he is taking a stake in a Swiss private bank.
Global banks across the board were hit in the first quarter by various China-linked headwinds including poor equity market performance and, most notably, its zero-Covid policy.
UBS will bolster its alternatives capabilities with the hire of a seasoned private equity expert, finews.asia has learned.
UBS reports its best quarter in fifteen years while Credit Suisse's business is half the size it was a year ago. A bitter rivalry takes an unexpected twist.
UBS and Credit Suisse are drawing down their offices in Moscow, albeit in small steps.
All three Singapore banks – DBS, UOB and OCBC – reported drops in their first quarter earnings as wealth management took a hit.
UBS will reportedly replace its China country head, marking yet another global bank with exiting senior executives in their mainland business.
Deutsche Bank will strengthen its wealth capabilities in Asia with the appointment of a new regional head of discretionary portfolio management.
Manulife Investment Management has announced the appointment of a new head of transactions and portfolio management for its real estate unit in the region.
Australia’s AMP entered a deal to sell Collimate Capital’s international infrastructure business, opting to divest instead of demerge its asset-management unit.
Despite stronger global results, Standard Chartered registered a drop in Asia profits which it attributed to headwinds from China and Sri Lanka.
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