Outsourcing giant Cognizant has had to let dozens of staff in Switzerland go as UBS continues its policy under CEO Ralph Hamers of bringing entire IT departments back in-house, research by finews.com shows.
The latest chapter of the Malaysian government’s asset recovery efforts follows effective settlements recently achieved.
A new study by the payments giant reveals the growing popularity of digital payment methods such as online wallets, mobile contactless payments and QR code payments among Singaporeans.
The wealth planning specialist catering to ultra high net-worth individuals began her career 16 years ago as a wealth management associate at Citi.
It said that for cryptocurrency to continue into the mainstream, support for more sustainable crypto-mining will need to accelerate to negate the potential environmental harm caused by current process.
Blind infatuation with digitalization, fintech and cryptocurrencies is not the answer to everything ailing Swiss finance.
China continues to lead the race to launch a digital sovereign currency with its latest public test in Beijing, the largest so far, following similar trials in Suzhou and Shenzhen.
The ex-GAM boss reportedly plowed more than $9 million into Greensill – and was paid until its collapse two months ago.
Paris-headquartered asset manager Amundi has appointed a new chief executive for its Hong Kong business.
He brings 17 years' experience to the financial advisory and wealth management solutions provider and will take on the immediate oversight of the five offices across the region.
The Hong Kong Monetary Authority issued a circular to push banks to encourage inoculation amongst its staff as the city continues to struggle with widespread resistance to vaccination.
As scrutiny tightens for the rapidly rising digital asset market, some regulators in Asia risk passing on both innovation and business opportunities, according to a recent panel discussion between industry leaders.
The network of relations between asset manager GAM and Credit Suisse indicates that the Swiss bank entered into its disastrous relationship with Sanjeev Gupta and Lex Greensill with its eyes wide open.
This will allow the bank to provide customers in ASEAN and across its global network access to more competitive FX pricing.
The role of financing in combating climate change is coming under increased scrutiny. Of the major Swiss banks, UBS is doing better on this than Credit Suisse, according to a study.
The Gates Foundation is viewed by wealth managers as the blueprint for the super-rich to invest meaningfully. But Bill Gates is no longer suited as poster boy for philanthropy.
The firm has appointed a new lead strategist for Asia Pacific sustainable investing, as part of its efforts to promote and manage sustainable investing solutions in the region.
The company said these moves would help it capitalize on the «extraordinary growth opportunities» across Asia Pacific (APAC), driven by rapidly increasing wealth across the region.
China’s finance ministry is reportedly considering a proposal to restructure its shares in bad debt managers into a new holding company, amid ongoing pressures for the troubled Huarong.
He succeeds Torsten Linke, who is retiring after five years at the firm.
Page 335 of 1007
