Brexit means Brexit – except when it means Paris or Frankfurt, where countless banking jobs wound up, according to a study.
Less than six months after leaving UBS, ex-CEO Sergio Ermotti is now chairman of the world's largest reinsurer. He signaled he will use the job as a platform to lobby for Switzerland as a business center.
The fallout from Credit Suisse’s collision with Archegos reveals valuable lessons for other banks, Andreas Ita writes in an essay for finews.first.
Following a spectacular collapse, Wirecard is disposing of its assets in the region, leaving only its business in India.
Citi unveiled its hiring plans for its wealth management business in Hong Kong – one of the few remaining markets the bank will place its renewed focus on after announcing a series of planned exits.
The bank has outlined a vision for its approach to flexible and hybrid-location working and will give its employees the opportunity and choice to return to the office.
As part of its efforts to support the transition to a low-carbon future, the bank has set a target of 2039 to cut its thermal coal exposure to zero.
After dual disasters, the Swiss bank looks more vulnerable than ever to a merger or acquisition. While the scenarios look sensible on paper, they mean months of pain for the bank and staff.
The firestorm over Credit Suisse focuses on what multiple scandals focus mean for the Swiss bank and its shareholders. But what do they mean for clients? Banking expert Matthias Hunn writes for finews.asia.
North America and Asia dominated wealth growth in 2020 as the only two regions worldwide to see an increase in high net worth individuals and their riches.
The Chicago-headquartered firm is building its own regional trading infrastructure in the city-state, in collaboration with the Monetary Authority of Singapore.
Citi rejigs its global consumer banking business with a planned exit from 13 markets, in a move to «double down on wealth.»
The bank joins other players in providing digital wealth advisory with its new SC Goals Planner app, now available on SC Online Banking and SC Mobile.
Citi APAC chief executive Peter Babej reiterated the bank’s commitment to wealth management in Asia in the latest management reshuffle, highlighting its scale and growth prospects.
The pandemic has raised investor awareness of the importance of environmental, social and governance considerations, but there remains a significant gap between beliefs and behaviour, a new survey reveals.
After withstanding several crises, wealth manager Reuss Private is hatching plans for a branch in Singapore.
Citi made a raft of new appointments to its wealth management unit including the promotion of its Asia head of private banking.
The company will offer more convenience and flexibility for gold buyers in Singapore and Southeast Asia in storing and transporting their gold.
Julius Baer launches its digital advisory platform in Asia, a region populated with high net worth individuals known for their strong preference for hands-on investing.
Victim banks of the Archegos collapse have begun to curb their hedge fund financing businesses with a focus on tightening leverage.
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