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Thursday, 30 April 2026
Thursday, 30 April 2026

FINANCE Friday, 12 March 2021 15:39

Credit Suisse's Asset Management Secret Sauce

The Swiss bank consistently shifted investment bank risk into its more opaque money management after the 2008/09 financial crisis.

FINANCE Friday, 12 March 2021 13:11

Covid-19 Cluster From Gym Hits Hong Kong Banks

A gym in Hong Kong popular with expats has recorded 17 confirmed cases of Covid-19 among staff and customers.

FINANCE Friday, 12 March 2021 12:45

Credit Suisse and Greensill: UBS Is Getting Involved

Now UBS is getting involved in the Greensill debacle: The race to repay assets from the blocked Greensill funds has begun for Credit Suisse. This is now complicated following a surprise involvement by Switzerland's largest bank.

ADVERTORIAL Friday, 12 March 2021 12:44

CME Options Observer: Eurodollar Mid-Curve Options Spring to Life

Given the prospects of increased stimulus, a reduction in the unemployment rate from a peak of 14.8 percent to 6.3 percent, and rising inflationary expectations as priced in US TIPS securities, trading activity in Eurodollars is ramping up as the market evaluates...

 FINANCE Friday, 12 March 2021 12:30

Credit Suisse to Shut More Funds Due to Greensill

Following the billion-dollar Greensill products, Credit Suisse is suspending further funds from trading. Among them are vehicles that finews.asia had identified earlier.

HIGH-END Friday, 12 March 2021 11:58

NFT Artwork Sells for Record in Ether

The sale of the artwork – the first digital work sold by an established auction house – brings cryptocurrencies and blockchain into the world of fine art.

FINANCE Friday, 12 March 2021 10:13

BNY Mellon Makes APAC Appointments

The investment manager has announced a pair of appointments in Asia Pacific ex-Japan, effective 8 March 2021.

PEOPLE Thursday, 11 March 2021 23:25

ANZ Halves China Headcount

Australia and New Zealand Banking Group plans to significantly shrink headcount in China, shifting tech and ops jobs elsewhere.

FINANCE Thursday, 11 March 2021 17:55

Allianz Partners Hong Kong Fintech

The investment will be used to finance WeLab's further expansion and, in particular, enable the ongoing development of its technological platform.

FINANCE Thursday, 11 March 2021 15:28

Shareholder Activism Pressures HSBC to Tighten Fossil Fuel Funding

HSBC publicly declared that the expansion of coal-fired power is incompatible with sustainability goals and vowed to phase out support for the industry, following pressure from activist investors.

FINANCE Thursday, 11 March 2021 14:47

Blockchain Platform Zilliqa Launches Investment Hub

Zilliqa Capital aims to invest in decentralized and fintech solutions in Southeast Asia and India, across investing, wealth management, insurance, lending, payments, and remittances, as well as critical infrastructures that will enable Web 3.0.

FINANCE Thursday, 11 March 2021 14:15

Laurent Gagnebin: «Each of Our Bankers Has Less Than 30 Clients»

Rothschild Bank & Co. plans to open another onshore office in Europe this year, as it wraps the acquisition of rival Pâris Bertrand, CEO Laurent Gagnebin tells finews.asia. Laurent Gagnebin, what role does the Asian market still play for the bank? Rothschild & Co Group's...

 FINANCE Thursday, 11 March 2021 14:02

Swiss Rothschild's Profit Jumps

The Swiss private bank's profit surged to nearly double in the absence of a major write-down from selling its trust business. Its assets are set to jump when Rothschild & Co Bank can wrap the acquisition of a Genevan rival.

FINANCE Thursday, 11 March 2021 12:39

Cybersecurity Startup Plots APAC Expansion

London-based cloud-native application security startup Snyk is eyeing Asia Pacific and Japan, following a breakout year in 2020.

FINANCE Thursday, 11 March 2021 11:48

Chinese Fintech Giants Join Efforts to Calm Markets

Chinese fintech giants Ant Group and Tencent are the latest to attempt to inspire calm in markets after they told investors not to overreact to price swings and avoid making hasty decisions.

FINANCE Thursday, 11 March 2021 11:26

Grab in Talks to Go Public via SPAC Merger

The technology platform and ride-hailing giant is reportedly considering a merger with an SPAC, but a U.S. listing via a traditional IPO is not off the table.

FINANCE Thursday, 11 March 2021 11:11

KPMG: Few Banks Digitally Equipped to Dominate Asian Wealth

Despite a gargantuan market of tech-savvy wealth clients in Asia, only a few universal banks are sufficiently equipped to dominate the industry, according to a KPMG report, creating opportunities for other players like local lenders and payment firms.

FINANCE Thursday, 11 March 2021 10:15

Thomas Moser: «Bitcoin Has Moved On From Its Early Vision»

Instead of triggering a revolution in finance, bitcoin has become a speculative investment vehicle, as Thomas Moser of the Swiss National Bank says in an interview with finews.asia. The original vision had involved something else.

FINANCE Wednesday, 10 March 2021 16:30

SPACs Boost Horizon Ventures-Backed Fintechs

Li Ka-shing’s Horizon Ventures is benefitting from the blank cheque boom with at least three fintech portfolio companies already merging with special purpose acquisition companies.

FINANCE Wednesday, 10 March 2021 16:07

Credit Suisse Removes Bankers Over Greensill

Eric Varvel is making management changes at the Swiss bank's under-fire asset management unit, finews.asia has learned. This follows the implosion of a $10.1 billion line of funds co-managed with supply chain specialist Greensill.

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