The Swiss bank’s Asia Pacific unit registered a 34 percent drop in pre-tax profits as the pandemic continues to create pressure for credit losses and transaction volumes.
The wealth management arm of the Royal Bank of Canada has hired two fixed income specialists to enhance its advisory investment solutions for private banking clients in Asia.
Credit Suisse in the third quarter had a significantly lower profit than a year ago, mainly due to one-time gain in 2019. Given that the business is growing despite the corona-pandemic and a strong franc, the board announced its willingness to pay out the second...
The Swiss government is putting forward the Swiss banker and Blackrock top executive to succeed Angel Gurría at the Organization for Economic Cooperation and Development.
The family behind Swiss wealth and asset manager Crossinvest has sold a majority stake in its Asian subsidiary to an investment banking and wealth management veteran.
The majority of SMEs in Singapore have a positive view of digital banks, and 88 percent of them in Singapore would consider switching some services to digital banks, Visa said.
With less than a week away from U.S. Election Day, who will emerge victorious and what does this mean for markets? Banks share their views with finews.asia.
Seven months after an exit, Citi Private Bank’s South Asia head has reemerged at HSBC Private Banking.
The Singapore economy is expected to see a recovery in 2021, alongside receding disinflation risk, but the recovery trajectory is expected to be gradual and uneven, according to the Monetary Authority of Singapore's (MAS).
Bitcoin is on its way up again – some way off the record still, but definitely far off the bottom mark. It leaves investors to ponder the question of whether this time around the surge is leading to more than just a speculative bubble.
The Swiss wealth manager broke ground on a new lakeside headquarters for its 2,600 staff set to open in 2023.
The bank has announced that it will integrate environmental, social and governance (ESG) considerations into its full suite of retail investment solutions.
Singaporean lender DBS reportedly has plans in the works to enter the crypto market with its own digital exchange.
The travel bubble, which will allow quarantine-free travel between the two cities, is set to open next month.
Luqman Arnold no longer is in finance. The former head of UBS tells finews.asia what he thought of the merger rumors with Credit Suisse and the effect that the pandemic has on banking.
The Facebook-backed project is reportedly poised to launch this year. The project has poached a roster of big names from banking as well as enforcement while scaling back its initial ambitions.
The star banker is pursuing several attempts to get Santander to make up for firing him as CEO before he had a chance to take the job. One of the avenues foundered in Spanish court.
Credit Suisse added a duo of ultra-high net worth bankers focused on the Hong Kong market, according to a note seen by finews.asia.
She will lead the team’s work on results frameworks, measurement, monitoring, and sustainable finance taxonomies for ESG transactions.
Seedly will join CompareAsiaGroup's portfolio of financial services brands spanning six markets across Asia.
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