Because the Swiss bank is a source of Swiss pride, its current problems represent a potential national trauma.
OCBC appoints a new chief for its Hong Kong unit, succeeding longstanding veteran Na Wu Beng.
The former Asia chairwoman of BNP Paribas Wealth Management and regional vanguard of private banking has joined J. Safra Sarasin.
StanChart-backed digital bank Mox expects to double its customer base this year as it continues to expand its offering, most notably by leveraging its partnership with top non-financial service providers in Hong Kong.
Credit Suisse’s risk committee chair could face the music over the collapse of the Greensill supply chain funds and family office Archegos as shareholders look to vote against his reelection.
Mainland Chinese and Hong Kong firms have completed U.S. listings and raised funds at a record-high pace year-to-date, despite ongoing U.S.-China tensions.
China’s largest distressed asset manager will miss the second deadline to release its 2020 earnings results, further testing markets with lacking visibility.
He has been CEO of Liechtenstein’s largest financial institution since the beginning of the year. In an interview with finews.com, Olivier de Perregaux reveals what changes the new role brings with it and where he detects an industry-wide change of thinking.
Credit Suisse needs a fresh strategy. It should focus on wealth management and digitalization instead of investment banking, which is risk-prone. It doesn't have much time as competitors loom on the horizon, Teodoro Cocco writes in a piece for finews.first.
Freshly stocked with nearly $2 billion in fresh capital after a major hedge fund hit, CEO Thomas Gottstein is already contemplating year-end bonuses.
The Monetary Authority of Singapore (MAS) discussed the creation of a common platform for international payment settlements that will be more efficient than current arrangements.
The Singapore-headquartered fund management company is also planning to roll out ESG strategies into its product roadmap.
An agreement between Huawei and HSBC in Hong Kong has led Canadian courts to delay chief financial officer Meng Wanzhou's extradition hearing.
Activists said the bank has invested some $80 billion in fossil fuels since the Paris Agreement in 2015.
HSBC’s Jonny Frostick should serve as a wake-up call for workers and employees about the dangers of job exhaustion – especially in Asia where financial firms are looking to expand and the culture of excessive workaholism remains strong.
The Sydney-based wealth manager's head of infrastructure equity is departing as AMP nixes takeover talks with Ares Management over the sale of its private markets business.
Credit Suisse needs cash after its investment bank loaded up on risk. The move reveals the disparity between its Wall Street ambitions and its capital reality.
Switzerland's regulator has opened two more investigations into the Swiss bank's latest problems.
The Fairmont Le Montreux Palace is one of the most prestigious hotels in Switzerland. Empress Sissi stayed there, and Vladimir Nabokov wrote his best-selling novel «Lolita» on the terrace of his suite. The stars of the Montreux Jazz Festival have been populating...
The bank, which made its first deal on the platform last year, has moved from Contour’s beta network to its production network.
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