Sunday, 17 November 2024

FINANCE Monday, 12 December 2022 09:18

Credit Suisse Analysts Lower UBS Rating

Financial analysts at Credit Suisse reduced their rating on UBS shares in a European banking sector report. They also lowered the target price. 

FINANCE Saturday, 10 December 2022 00:42

Credit Suisse Loses Communications Director

It is pretty hard to publicly defend Switzerland's second-largest bank, which has been embroiled in one affair after another. That may have prompted its top spokesperson to throw in the towel after less than a year, finews.asia reveals.

FINANCE Friday, 9 December 2022 16:37

Singapore Banks Lag Behind in Mobile Banking

Digitalization is strong in Singapore’s financial sector, including in internet banking, but mobile banking capabilities are still lagging when compared with global leaders.

HIGH-END Friday, 9 December 2022 15:26

Japanese Tycoon Unveils Moon Trip Crew

Fashion billionaire Yusaku Maezawa has announced the group of celebrities he has chosen for a round trip to the moon.

FINANCE Friday, 9 December 2022 13:55

Looking Beyond the Credit Suisse Hysteria

Credit Suisse's capital increase was never at risk. Were the upheavals during the subscription rights trading period mere hysteria?

FINANCE Friday, 9 December 2022 12:33

UBS: Southeast Asia and India Are Top Billionaire Picks

Southeast Asia and India were the most preferred markets for billionaires worldwide to make investments, according to a UBS report, outdoing the broader region's largest economy. 

FINANCE Friday, 9 December 2022 11:39

AmEx Opens Innovation Center in Singapore

US payment card firm American Express has announced the opening of a new innovation center in Singapore to focus on artificial intelligence, machine learning and more.

FINANCE Friday, 9 December 2022 10:05

Singlife with Aviva: Wealth Clients Prefer Human Touch

Despite ongoing digital adoption en masse, retention of the human touch remains critical for wealth management clients, according to a study by Singlife with Aviva and EY.

FINANCE Friday, 9 December 2022 09:21

Credit Suisse Capital Raise Gets a Vote of Confidence

Credit Suisse is in the final phase of its plan to raise 4 billion Swiss francs as part of its restructuring. Its latest offering is getting a vote of confidence from investors.

FINANCE Friday, 9 December 2022 09:21

Credit Suisse Can Pursue Softbank Suit in London

A London judge is allowing Credit Suisse to take legal action against Japanese investment company Softbank related to Greensill.

FINANCE Thursday, 8 December 2022 16:28

Sam Bankman-Fried Reportedly Facing Terra Probe

FTX founder Sam Bankman-Fried is reportedly being investigated by US prosecutors over the collapse of stablecoin TerraUSD and sister token Luna.

FINANCE Thursday, 8 December 2022 15:02

StanChart: Investor Cash Allocations to Fall in 2023

Advice and active management will be in demand in 2023 as cash allocations decrease due to investor worries about rising inflation, according to a recent Standard Chartered survey.

FINANCE Thursday, 8 December 2022 12:24

VCM's Federico Bazzoni: «Europeans Have Renewed Appetite for Asia»

Appetite for Asia is returning amongst global investors, most notably Europe, said Federico Bazzoni, CEO of Vantage Capital Markets’ investment banking division, in an interview with finews.asia, highlighting mid-market opportunities as an area of interest. 

PEOPLE Thursday, 8 December 2022 11:07

Raffles Family Office Adds Crypto, PE Experts

Hong Kong-based Raffles Family Office has announced the appointment of two experts in digital assets and private equity.

FINANCE Thursday, 8 December 2022 10:35

Digital Banks Join Credit Bureau Singapore

Credit Bureau Singapore welcomes five licensed digital banks in the Lion City to join as new members to share consumer data.

FINANCE Thursday, 8 December 2022 09:20

Credit Suisse Cuts Deal With «First Boston» Cybersquatter

Credit Suisse wanted to revive the «First Boston» brand for the investment bank it is spinning off. The owner said not so fast. But a deal was reached. 

FINANCE Thursday, 8 December 2022 09:20

Credit Suisse Luring Clients With High-Yield Debt

Credit Suisse is seeking to lure clients who in recent months have pulled billions out of the bank, back with attractive interest rates. 

PEOPLE Thursday, 8 December 2022 09:20

EFG's Dubai Office Has a New CEO

EFG International appoints a new chief executive officer for its Dubai advisory office.

FINANCE Wednesday, 7 December 2022 15:51

Nomura-Backed Crypto Unit Eyes Profits in Two Years

The digital asset arm of Nomura is reportedly seeking to capitalize on the crypto market downturn and plans to generate a profit within two years.

FINANCE Wednesday, 7 December 2022 15:12

Currency Swaps: The $80 Trillion Time Bomb

According to the Bank for International Settlements, There is an $80 trillion ticking time bomb contained in off-balance sheet dollar-denominated debt in foreign exchange swaps.

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