Sunday, 17 November 2024

FINANCE Tuesday, 15 November 2022 09:23

Monika Roth: «Saudi investors could become a problem for Credit Suisse»

Credit Suisse says the Saudi National Bank is just one investor among others. Swiss Lawyer and compliance expert Monika Roth told NZZ why she sees this differently.

FINANCE Monday, 14 November 2022 18:20

EFG's Stefan Gerlach: «The Fed is driving an interest rate Ferrari»

Following a raft of decisions recently from major central banks, finews.asia talked with EFG's chief economist Stefan Gerlach about putting the puzzle pieces together.

FINANCE Monday, 14 November 2022 16:28

HSBC Private Banking Launches New Advisory Offering in Asia

HSBC Private Banking has rolled out a new advisory service in the region to leverage both its tech capabilities and human expertise to deliver a hybrid offering.

FINANCE Monday, 14 November 2022 15:48

HSBC Opens New Singapore Headquarters

The opening of the new HQ comes on the back of the British lender’s earmarked $3 billion investment in South and Southeast Asia.

FINANCE Monday, 14 November 2022 14:26

Singapore Fintech Festival Registers Record Attendance

The Singapore Fintech Festival this year saw the highest attendance on record since the inception of the event, according to the city-state’s regulator.

FINANCE Monday, 14 November 2022 13:49

Joanne Hannaford: «Credit Suisse is like a Rubik’s Cube»

She thought no one would notice her in the Credit Suisse «engine room». But then, people told her, don’t miss the job, you got a huge responsibility. And that’s when Joanne Hannaford realized that she is the first Chief Technology Officer sitting on the Executive...

FINANCE Monday, 14 November 2022 12:38

Roger Ng Sues Ex-Boss Tim Leissner for Alleged Fraud

Former Goldman banker Roger Ng has sued ex-boss Tim Leissner over alleged fraud involving the theft of stakes in an energy drink maker and an AI firm.

FINANCE Monday, 14 November 2022 11:36

No Last-Minute Savior in the Crypto Universe

The dramatic decline of the FTX crypto exchange has severely shaken investor confidence. For traditional financial institutions with crypto services, the debacle could represent an opportunity, finews.asia finds.

FINANCE Monday, 14 November 2022 10:47

FTX, Alameda Execs Reportedly Knew About Internal Lending

Senior executives at fallen crypto exchange FTX and affiliated trading firm Alameda Research reportedly had knowledge about the former lending customer funds to support the latter.

PEOPLE Monday, 14 November 2022 09:19

Northern Trust Names APAC Head of Digital Asset Innovation

Chicago-based Northern Trust has announced the appointment of a regional head of digital asset innovation, just months after forming a crypto unit.

FINANCE Saturday, 12 November 2022 20:09

Teodoro Cocca: «Credit Suisse – Essential Lessons For All Bankers»

The turning point for many business downfalls is determined at the moment of their greatest success, as business strategy literature shows. Teodoro Cocca writes in his article for finews.firstthat every bank manager can draw fundamental lessons from the dramatic...

FINANCE Friday, 11 November 2022 17:44

HSBC: Hongkongers Need to be Millionaires to Reach Middle Class

Hong Kong people need total assets valued at around $1 million just to reach the middle class, according to a recent study by HSBC.

FINANCE Friday, 11 November 2022 17:00

FTX Under Government Scrutiny, Bahamas Assets Frozen

Authorities across the world have been moving in on FTX which is facing investigations and asset freezes, all while attempting to fill a multi-billion dollar liquidity gap.

FINANCE Friday, 11 November 2022 15:07

An Arab Bank Snaps up a Swiss Private Bank

Two years ago, it proudly celebrated its 175th anniversary. Now, an Arab financial institution has unexpectedly taken over Gonet, a private bank in Geneva. What happened?

FINANCE Friday, 11 November 2022 14:59

Hong Kong Arrests Eight in Suspected Pump-And-Dump Scheme

Hong Kong authorities arrested eight individuals over alleged market manipulation via a pump-and-dump scheme.

FINANCE Friday, 11 November 2022 11:03

HashKey Receives First Hong Kong Crypto License in Two Years

Blockchain firm HashKey has received a virtual asset license in Hong Kong – the first in two years – in the midst of the city’s fresh ambitions to become a crypto hub.

FINANCE Friday, 11 November 2022 10:41

Zurich Writes More Premiums, But Gets Rocked by Hurricane

Zurich Insurance increased its written premiums through the first nine months of the year but takes a hit from Hurricane Ian in the third quarter.

PEOPLE Friday, 11 November 2022 09:54

Chubb Appoints APAC Head of Consumer Business

Zurich-headquartered insurer Chubb has announced an internal promotion for the role of Asia Pacific head of the consumer unit.

FINANCE Friday, 11 November 2022 09:14

Clamor to Overthrow Temenos Leadership Grows

Just after Petrus Advisers increased the pressure to oust Temenos management, the minority activist shareholder received reinforcement from a Swiss asset manager.

HIGH-END Friday, 11 November 2022 08:57

FTX Goes Kaboom! Leaving Star Investors Peering Down the Drain

Celebrities rallied around former crypto wunderkind Sam Bankman-Fried as the FTX exchange is imploding. The spectacular collapse of his crypto empire is hitting some of them hard.

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