Vontobel’s net profit edged lower despite a trading boom, but it will keep its shareholder payout steady. Its investment managers continued to haul in fresh money.
After eschewing the top job at Unicredit, ex-Credit Suisse boss Tidjane Thiam is teaming up with a long-standing associate at the Swiss bank in his next chapter.
The derivatives boutique couldn't entirely offset a pandemic crash with healthier business later in the year. It plans to sharply lift shareholder payouts despite a drop in profits.
Snowflake, which saw massive growth in 2020, is expanding rapidly in the Asia Pacific region, supported by sector-wide trends, its South Asia managing director told finews.asia.
Credit card and payments firm Mastercard becomes the latest crypto backer as it announces plans to offer support for select cryptocurrencies.
The French asset management giant announced a change of leadership as part of its 2020 results.
Sightings of Jack Ma continue to be rare and well-noted as it sheds light on his condition, given a shaky standing with the Chinese Communist Party.
BNY Mellon has shut down its Hong Kong-based wealth management unit following a strategic review of the business.
The Hong Kong Exchanges and Clearing made an unusual move to announce the hire of a new chief executive officer before obtaining approval from the Securities and Futures Commission.
Zurich Insurance wants UBS' top female banker on its board. The move cements ties between the insurer and the Swiss bank.
Credit Suisse took its objection over a regulatory investigation of a sordid spy saga to Switzerland's highest court – and lost.
Swiss private bank Pictet benefited from the year of uncertainty amid the pandemic as well as market turmoil, with its assets surging to a new record amid major inflows of new money.
More than 100 financial firms were victims of distributed denial-of-service attacks by the same threat actor with North America and Europe overwhelmingly making up the dominant share, according to a recent report.
Proceeds from the green loan will be used to finance Mapletree Logistics Trust's working capital requirements in line with the eligibility criteria of its newly established Green Loan Framework.
A preliminary inquiry into the theft of $281 million worth of assets from a cryptocurrency exchange last September «strongly suggests» links to North Korea.
The new man at the helm brings over 25 years’ experience in financial services with significant leadership roles in the Australian asset management industry.
The practice of gifting red envelopes in Asia dates back as far as the 10th century and private banks are unlikely to buck the trend despite the wave of contactless payment adoption. finews.asia reviews how the industry is keeping traditions alive this Lunar New...
The bank has been proactive amid the Covid-19 crisis, during which it has established several new platforms for growth, said its chief executive.
Swiss private bank Julius Baer is more richly rewarding its top private bankers with year-end bonuses – after reducing their ranks by more than six percent last year.
A billion-dollar investment by Tesla in bitcoin heralds a tectonic shift that banks are on the sidelines of. Traditional finance will pay a price for their technological and cultural hesitancy, finews.com editor Peter Hody writes.
Page 376 of 1007
