Credit Suisse updates long-term investment trends against the backdrop of the unprecedented Covid-19 pandemic. finews.asia reveals the six key findings.
Bank of China kicked off its settlement process this week with the proposal to cover up to 20 percent of the initial investments of some clients.
China encourages greater foreign investor participation by means of scrapping its quota limits for its dual channels, QFII and RQFII.
The pandemic is wreaking havoc on Wall Street’s watering holes and high-end eateries – and sparking a feted Swiss chef to rethink who he is serving.
Facebook's global currency project is taking shape – Libra is poaching its first CEO from HSBC. The banker is impeccably connected in government circles.
When Credit Suisse held an investor day in December, the world looked different. And this has an impact on how the bank now views its profitability targets.
Growing desires to preserve family values and legacies are driving forces behind the changing face of wealth management and traditionally structured family offices, explained Envysion's Jacob Doo, in an interview with finews.asia.
Hong Kong Exchange and Clearings chief executive Charles Li will not seek reappointment after serving the remainder of his current contract.
Net profits at OCBC plunged 43 percent in the first quarter due to non-operating losses from its insurance arm and increased provisions most notably for oil-linked exposure.
UBS will look to integrate its China business units in a rapidly changing regulatory environment under the leadership of an ex-official from the mainland banking regulator.
An existing rule forbidding the central bank from directly funding government spending could be reversed, further empowering the administration in Beijing.
In the latest development in mainland China’s oil-linked product collapse, doubts have been raised about the compliance of banks that sold similar investments to retail clients.
Citi bolsters its treasury and trade solutions unit with the appointment of a new head of Hong Kong – its largest APAC market in the space.
Swiss wealth manager UBS is moving one of its best-known bankers into a new job.
Even without the evidence supporting the robustness of index funds thus far, truly convicted investors should stick to their guns, crisis or not, said Vanguard’s Hong Kong head of distribution Linda Luk to finews.asia.
The Department of Justice’s asset recovery efforts linked to the 1MDB scandal has totaled $1.1 billion in value – a record-high.
Swiss bank Credit Suisse sent most of its staff home to work when the crisis hit and is now planning a four-phase return to normality.
Swiss bank Reyl with a strong presence in Singapore launched a digital platform for mass affluent clients. The firm won outside funding for the push.
J.P. Morgan Asset Management’s alternatives arm will partner with New Ease China in a joint venture with an eye on the mainland’s rapidly growing logistics sector.
Standard Chartered defended its pro-environmental credentials after facing fresh attacks from activist group Urgewald.
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