UOB appoints a chief sustainability officer in yet another industrywide move towards expanding the green finance market.
DBS is the latest global bank to offload more office space, this time in a Singapore building where it is the anchor tenant.
Asia Pacific dominated the most expensive cities for high net worth individuals to live in, according to a recent Julius Baer report on the global lifestyles of the wealthy.
The Swiss bank's initial details on the Archegos fiasco are not quelling market speculation. A deeper look at the role of Credit Suisse's risk management is warranted, finews.asia's editor-at-large Andrew Isbester writes.
The U.S. bank is poaching from heavyweight UBS in its wealth push – the second time it has done so in less than a year.
Manulife Investment Management bolsters its multi-asset capabilities with the hire of a former portfolio manager from Schroders Investment Management.
The Swiss bank is mired in Greensill's collapse as well as Archegos' billion-dollar unraveling. Signs began mounting as far back as 12 months ago, shortly after Thomas Gottstein took over as CEO.
Ralph Hamers looks increasingly set in his new job running UBS, even as the threat of criminal charges against him in the Netherlands over money laundering while at ING looms.
Credit Suisse, Nomura and other global banks have received inquiries from members of the U.S. Senate Banking Committee on various Archegos-related matters including their relationship and business dealings with family offices.
Incoming chairman of the Association of Banks Wee Ee Cheong spoke about Singapore’s rise as a global financial hub, underlining critical areas of focus to maintain its ascent such as talent and sustainability.
Nomura has built an internal team to investigate the potential $2 billion loss linked to the downfall of Archegos Capital Management.
The bank is doubling down on its commitment to the payments industry with its investment in a global cross-border payments platform.
American venture capitalist Peter Thiel called Bitcoin a «Chinese financial weapon» during a virtual event that included senior members of the former Trump administration.
The new tool in its NAV Planner is part of DBS' plans to get 1 million customers insured and invested by 2023.
Finder, a global comparison platform founded in 2006 in Sydney, Australia, has acquired the GoBear brand as it accelerates its global expansion.
The health of Switzerland’s financial sector remains intact despite major losses faced by Credit Suisse, according to an IMF executive who shrugged of worries about the Archegos and Greensill debacles.
Qatar's sovereign wealth fund is the Swiss bank's biggest shareholder. A prominent member of the ruling family also reportedly lost money in a $10.1 billion supply chain fund blow-up.
Credit Suisse chief executive Thomas Gottstein was reportedly grilled by his own bankers over the recent Archegos collapse that led to $4.7 billion in losses.
He will brings his business development expertise in wealth management and bancassurance to the startup, which has plans to grow its presence in the region.
Citi appoints a senior corporate banker for China, finews.asia has learned, amid growing expansion in the mainland market.
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