Sunday, 17 November 2024

FINANCE Wednesday, 21 December 2022 16:50

Swiss Stock Exchange Gets Boost From China

After a record year for IPOs in 2021, the market for initial public offerings cooled significantly this year. Yet Switzerland has been able to buck the trend.

FINANCE Wednesday, 21 December 2022 15:03

Financial Markets: Assets Are Repriced Faster Than Liabilities

Southeast Asian banks have shown resilience as they rode through the Covid-19 pandemic, however, the challenges in tackling the uncertainty of the macroeconomic scenario are huge in 2023.

FINANCE Wednesday, 21 December 2022 10:36

Crypto is Becoming a Staple Asset Class in Asia

Once lambasted by some for being a tulip mania repeat, the presence of modest crypto allocation or more in Asian investor portfolios is now commonplace. 

FINANCE Wednesday, 21 December 2022 09:06

Top UBS Banker Departing

A banking veteran who shaped UBS’s wealth management is leaving. 

FINANCE Wednesday, 21 December 2022 09:01

Investment Banking Slump Hits Credit Suisse Hard

2022 was not a good year for investment banking, as a slump in deals led to declines in fees and revenues at all major institutions. Credit Suisse's M&A business saw the sharpest decline.

HIGH-END Tuesday, 20 December 2022 18:41

Dominic Volek: «Largest Millionaire Migration Flows May Come in 2023»

Global millionaire migration will continue to grow and the year 2023 may expect the largest movement on record, according to Henley & Partners.

FINANCE Tuesday, 20 December 2022 18:36

Singapore Banks Putting Money Into AI and Big Data

Banks in Singapore are investing big in artificial intelligence and big data for personalized insights into customer spending habits, says a Maybank report.

FINANCE Tuesday, 20 December 2022 18:17

More Shares for China-Hong Kong Connect Scheme

Regulators to include constituent components of the Shanghai, Shenzen, and Hang Seng indexes.

FINANCE Tuesday, 20 December 2022 16:44

Rising Inflation Prompts Most Investors to Change Strategy

Higher prices and the pivot in interest rates force a significant majority of investors to change direction, a study finds.

FINANCE Tuesday, 20 December 2022 14:25

Credit Suisse Job Cuts are Causing Unrest

Credit Suisse is not undergoing its first restructuring. When entire divisions are restructured, projects are stopped, and regional focuses shift, the staff takes notice and starts to move.

FINANCE Tuesday, 20 December 2022 12:35

Dean Tong: «You Can't Squeeze People Dry in a Short Period»

In banking, the competition for manpower and the skill sets required have changed along with the digital transformation in the financial services sector, Dean Tong, managing director and head of group HR at UOB Singapore, says in an interview.

FINANCE Tuesday, 20 December 2022 09:33

Dominique Boer: «Philanthropists Want to be Co-Creators»

Passive funding alone will no longer suffice for this new era of philanthropists, SymAsia Foundation CEO Dominique Boer told finews.asia, with more and more looking to help form solutions directly.

FINANCE Tuesday, 20 December 2022 09:00

Credit Suisse Announces New Group Treasurer

Claude Moser becomes the new group treasurer at Credit Suisse effective December 21. He had a long career at UBS. 

FINANCE Monday, 19 December 2022 20:58

Thomas Wellauer: «I Was Stunned, I Could Not Believe It»

This has not been an easy year for the Swiss stock exchange operator SIX as several planned IPOs fell through, says Chairman Thomas Wellauer in an interview with finews.tv. The invasion of Ukraine represents a turning point. He also wishes Credit Suisse better...

FINANCE Monday, 19 December 2022 16:51

Judge Allows Media To Press FTX To Reveal Creditors

Media firms can intervene case and push fallen crypto exchange FTX to disclose customer names, says judge.

FINANCE Monday, 19 December 2022 15:33

Bank of Singapore’s Chief to Retire

OCBS's private banking arm, Bank of Singapore, will be appointing a new CEO after announcing the retirement of its current chief executive Bahren Shaari.

FINANCE Monday, 19 December 2022 15:15

Basel III Turns Banks into Bastions of Stability

A decade on from the financial crisis, things seem to be looking up for the industry. Crypto players should take note.

FINANCE Monday, 19 December 2022 12:56

Texas Pressuring Financial Giants on ESG Strategies

Republicans in Texas continue to question ESG investment strategies, putting financial giants like Blackrock and State Street on the defensive. The state is the nation's top producer of crude oil and natural gas production. 

FINANCE Monday, 19 December 2022 09:26

Post-Winter Crypto Demand Resilient Amongst the Wealthy

Digital asset demand in 2022 was strong amongst the affluent, high net worth individuals and family offices, according to a recent study, and it stayed strong even following the Terra collapse. 

FINANCE Monday, 19 December 2022 05:04

Worst Timing for ESG Women Equity Fund

​​Amid DWS’ greenwashing scandal, 14 women in charge of an ESG equity fund are standing their «investment» ground and sticking to their principles at Germany's embroiled asset manager.

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