The bank assumes effective ownership of the Qianhai Securities joint venture.
The start of the year sees money continuing to pour in for the Swiss investment house.
Giant asset manager Fidelity and T. Rowe Price will likely face the biggest hits in a Sri Lanka debt default.
The ADB has cut its economic growth outlook for Southeast Asia amid risks from the war on Ukraine and from the Covid-19 pandemic.
Investors think gold is not the safe haven it was twenty years ago, says the CEO of Degussa gold trading in an interview with finews.asia.
PGIM Investments has hired a Franklin Templeton veteran to be its vice chairman for Asia, a newly created role.
In the aftermath of Credit Suisse’s Archegos’ billion-dollar scandal last April, the bank ousted the head of its investment banking department. But there were other problems.
Shareholders of UBS voted incoming chairman Colm Kelleher into office with overwhelming support. Now he must meet their expectations.
Anyone following in her footsteps is unlikely to change the policies driving banks and bankers out of the city.
The appointment of Alson Ho confirms the strategic importance of the business to the bank.
Temasek subsidiary Fullerton Fund Management appoints a new chief investment officer.
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers.
Pressure from shareholders led Credit Suisse to reveal details related to the closure of funds jointly run with Greensill Capital.
Credit Suisse is adding two new hires to service wealthy Israeli clients, with one joining from rival UBS.
Switzerland’s financial authority examines the impact of the conflict on banks but sees no threat to financial market stability.
Investing app Gotrade is entering the Indonesian market after raising $15.5 million in a series A round.
PGIM Real Estate is tying up with Hong Kong-listed property investor ESR Cayman to invest in a redevelopment project for POKKA.
Citi will sell its consumer banking business in Bahrain to Ahli United Bank (AUB).
Credit Suisse responds to demands for information on various scandals, including Greensill and «Suisse Secrets.»
The Greensill debacle turns Credit Suisse and Softbank into bitter enemies. Did a puzzling side letter sour the relationship?
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