Saturday, 16 November 2024

FINANCE Thursday, 8 June 2023 21:58

Former Credit Suisse Star Banker Returning to UBS

UBS appears to have scored a major personnel coup in Asia. It's bringing back the former number two of Credit Suisse's Asian wealth management business.

FINANCE Thursday, 8 June 2023 20:48

GAM Must Face Down the Rebels

Opponents of the sale of the Swiss fund company will have the opportunity to reshuffle GAM's board. But the deal may have effectively run its course by then.

FINANCE Thursday, 8 June 2023 16:27

These are the Most Expensive and Livable Cities

The Big Apple is once again the most expensive place in the world, according to a survey. While living in Geneva is also extremely expensive, another Swiss city is also considered particularly attractive.

FINANCE Thursday, 8 June 2023 16:24

Takeover Poker for GAM Enters the Next Phase

Opponents of the takeover of Swiss asset manager GAM want to remove the incumbent board of directors which is intended to avert the planned takeover by Liontrust.

FINANCE Thursday, 8 June 2023 16:23

New Date Set in UBS French Money Laundering Case

The trial in the tax dispute between UBS and France is entering the next phase.

FINANCE Thursday, 8 June 2023 16:17

MAS Chair to Join Presidential Race in Singapore

The Monetary Authority of Singapore’s chairman will step down and look to run as a presidential candidate in the city-state’s upcoming elections.

PEOPLE Thursday, 8 June 2023 15:36

Citi Appoints ASEAN Commercial Banking Duo

Citi’s commercial banking arm has announced two key appointments in the Southeast Asia region.

FINANCE Thursday, 8 June 2023 14:44

Schroders Greenlighted to Start China Fund Business

Regulators have granted Schroders a license to start operating as a wholly-owned fund management firm in China.

FINANCE Thursday, 8 June 2023 14:21

Qi Wang: «Swiss banking is still just thinking about AI as another tool»

In an interview with finews.asia, the co-founder of a Chinese equity boutique talks about how natural language AI chatbots are likely to turn the investment industry upside down. 

FINANCE Thursday, 8 June 2023 12:08

UBS Capital Increase Delay Could Prove to be Dynamite

What haven't the Swiss government and authorities done to sweeten the takeover of Credit Suisse by UBS? Now it's apparent the new entity doesn't have to fully secure its balance sheet until the end of 2029, finews.asia has learned. 

FINANCE Thursday, 8 June 2023 11:42

Hong Kong Crypto Debut Clashes with US Barrage

The rollout of Hong Kong’s new regulatory regime for virtual assets has clashed with intensified US pressure against crypto firms, including the prosecution of two major exchanges this week.

FINANCE Thursday, 8 June 2023 10:02

Citi CEO Visits China

Citigroup's Jane Fraser visited China this week, making her the latest American banking chief to make the trip to the country.

FINANCE Thursday, 8 June 2023 09:13

UBS Needs More Time to Prepare Interim Results

UBS is postponing the publication of its figures for the second quarter by more than a month to August 31.

FINANCE Wednesday, 7 June 2023 21:40

UBS Gets Breathing Room for Higher Capital Requirements

UBS negotiated a grace period for tougher regulation in the wake of its takeover of Credit Suisse, according to documents filed with the SEC.

FINANCE Wednesday, 7 June 2023 16:03

Sequoia Capital Splits Into Three Units

US venture capital firm Sequoia announced that it will split its business in China as well as India and Southeast Asia into two independent companies.

FINANCE Wednesday, 7 June 2023 15:21

UBS Puts AI Firmly in its Place

With key tech experts voicing concern that AI could lead to human extinction, UBS decides to take a distinctly different approach – by simply embedding it into the bank’s risk framework. finews.asia takes a look.

FINANCE Wednesday, 7 June 2023 14:53

Europ Assistance Grows in Asia with AXA Acquisition

Paris-headquartered Europ Assistance, a unit of Italian insurer Generali, has acquired several of AXA Partners' assistance businesses in Asia Pacific.

FINANCE Wednesday, 7 June 2023 12:26

Jamie Dimon Supports US Foreign Policy on China

JPMorgan CEO Jamie Dimon continues to make headlines about US-China relations, this time with comments supporting Washington’s foreign policy. 

FINANCE Wednesday, 7 June 2023 12:23

Julius Baer is Upping its Private Equity Game

Zurich-based private bank Julius Baer is making a deeper foray into private equity. It seeks to raise $250 million from clients in its latest effort.

FINANCE Wednesday, 7 June 2023 11:07

Hong Kong to Extend Country List for Banking Advice

Local authorities in Hong Kong are looking to extend the list of countries that advise the city’s banking sector to include Qatar, the United Arab Emirates and Liechtenstein.

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