Credit Suisse has appointed a head of external asset managers for the region, finews.asia has learned, with the hire of a former UBS private banker.
Roger Ng’s 1MDB trial continues with ex-Goldman Sachs compliance officer Patrick Kidney presented to potentially show that the former banker continued to do business with Jho Low even after he raised alarms internally.
Asia-focused British lender HSBC has appointed a veteran from the technology sector as a new board member.
The outcome of South Korea’s presidential election is likely to be a positive for the country’s banks, analysts said.
The nickel market could face more drama upon reopening as Tsingshan founder Xiang Guangda reportedly has no intentions to reduce his short positions.
After already being late to the blank cheque boom, Hong Kong faces more SPAC headwinds with China’s securities regulator reportedly barring mainland investment banks from acting as promoters.
The Swiss bank is paying out a million franc sum for its former chair who broke quarantine rules in two countries.
Credit Suisse's chair and CEO comment on the situation in Ukraine and share details on the bank's exposure to Russia.
UBS makes changes at the top of its investment banking unit with the appointment of new APAC co-heads for mergers and acquisitions.
U.S. secretary of commerce Gina Raimondo warned Chinese companies against assisting Russia’s efforts to bypass sanctions, singling out semiconductor giant SMIC.
Japanese banking giants and ride-hailing superapp Grab have been reportedly shortlisted to acquire consumer lender Home Credit’s various assets in Asia's southern region.
Southeast Asian insurtech Igloo has promoted Raunak Mehta to co-founder and CEO, from chief commercial officer.
A group of institutional investors is calling on Credit Suisse to be more transparent about the impact of its business on the climate. Credit Suisse says it is pursuing a clear strategy.
Chinese entrepreneur and Tsingshan founder Xiang Gungda is reportedly at the center of a historic short squeeze of nickel prices that saw the industrial giant shoulder billions of dollars in paper losses.
Paragon Capital Management Singapore (PCMS) has added two senior team members, both formerly at Credit Suisse Private Bank.
Chinese nickel giant Tsingshan Holdings has reportedly secured loan packages from various lenders – including J.P. Morgan – preventing the immediate realization of losses that total billions of dollars.
Piyush Gupta, the CEO of Southeast Asia’s largest bank, DBS, received a pay bump of around 48 percent from 2020 to a total of S$13.58 million in 2021.
A sharp surge in nickel prices triggered margin call fears at the London Metal Exchange which suspended trading after prices doubled in hours.
Huge swathes of Indonesia’s population don’t have a bank account, but that hasn’t stopped them from signing up for wealth management.
UBP’s Asia business saw equally strong contributions from Hong Kong and Singapore during the pandemic, the bank’s regional chief executive Michael Blake told finews.asia, underlining that success from the dual hubs need not come at the expense of one another.
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