Goldman Sachs is reportedly offering free food as part of its push to convince employees from its global offices to ditch work-from-home measures and return home.
Credit Suisse made a $400 million cash distribution on Friday, in line with its announcement on July 29.
The Swiss National Bank quietly offloaded its entire stake in the Chinese internet giant.
Pictet Asset Management’s wholly-owned Shanghai unit will now be able to offer its offshore strategies to qualified investors onshore.
«Micro Connect» is self-funded along with partner Gary Zhang, chief executive the Hong Kong-listed Oriental Patron Financial Group.
Although global banks saw strong profitability in the first half, limited to no income growth coupled with a surge in delta variant-related Covid cases in Asia threatens to make the celebrations short-lived.
Data and analytics represent one of the crucial ingredients of Wealth Management, not only in Switzerland. There is an increasing awareness that data is a key differentiate, Carmine Cammarota, Country Head Switzerland, Principal at Prometeia, writes.
Credit Suisse’s special committee attributed much of the Archegos fiasco to the front-line, but the bank seems to think it was mostly risk management that was at fault.
The Singapore bank, one of the first traditional lenders in the region to launch its own digital exchange, now has S$100 million in digital assets in custody.
The Japanese lender joins a host of Wall Street and global peers in increasing starting salaries for junior analysts.
Hong Kong’s Securities and Futures Commission reprimanded and fined UBS over regulatory breaches covering various areas including transparency client suitability.
The multi-family office is opening of its new office in Beijing, and expanding in Singapore and at its headquarters in Hong Kong.
Credit Suisse continues to strengthen its investment bank in Australia with the latest addition to its consumer, retail and healthcare team, finews.asia has learned.
HSBC is reportedly the latest global bank to join the Wall Street trend of increasing salaries for junior executives.
With Credit Suisse's reputation reeling from the Archegos and Greensill debacles, the «Financial Times» now reports it is facing a trial over its role in a $2-billion bond scandal involving Mozambique.
Swiss asset manager GAM's CEO plans to take the company out of the red with new investment products, including some in decarbonization and social housing.
No other Swiss financial institute embodies the world of finance's zeitgeist more than online bank Swissquote. Why is this?
The city-state's unicorn businesses take an average of 6 years and 11 months to reach the valuation of $1 billion.
The bourse attributed its weaker performance to higher expenses increased and declining treasury income amid a low interest rate environment.
The deal will create one of the world's largest real estate management firms, with total assets under management of $129 billion.
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