Credit Suisse is selling its shares in the Spanish fintech company. In doing so, it is pushing ahead with its restructuring.
The US-based bank expands its treasury and trade solutions unit in the Asia Pacific region by appointing a 20-year veteran, finews.asia learned.
President Xi Jinping’s report to the 20th Communist Party congress hints at more tax and regulatory measures aimed at reducing wealth disparities.
The US-based bank will relocate a New York-based investment banker to the region later this year to head the Southeast Asia equity capital markets business, finews.asia has learned.
The major Swiss bank receives welcome news after a US jury finds that it did not conspire with other global banks to rig prices in the foreign exchange market.
OCBC appoints a new head for its consumer banking and wealth management businesses and maps out a strategy for accelerated growth.
Top-flight soccer in the UK and Europe is attracting numerous Asian investors and private equity firms who see huge profit potential. But the new financiers are not welcome everywhere.
UBS is launching a new IT initiative that will more than 50 percent of applications to move to the cloud. The bank is continuing to work together with Microsoft.
«You can't take it with you» is a phrase that might come to mind when planning an estate. Yet many wealthy individuals don't have an estate plan or will in place, according to UBS.
A foundation is reviving the once-discarded idea of an initial public offering of Credit Suisse's Swiss unit. The spin-off would make the need for a capital increase spurned by shareholders less likely.
Summit participants who test positive for Covid while in Hong Kong could reportedly be allowed to leave via private jet.
The outlook for client asset growth amongst Hong Kong’s private wealth managers has deteriorated in 2022, according to a survey by an industry body, despite a record year for net inflows.
Standard Chartered has hired a former executive from Citi to «turbocharge» its international banking business.
A US jury is reviewing claims about participation in a conspiracy to rig currency markets by Credit Suisse, the last remaining bank defendant in the case.
John Mack, Wall Street legend and former Co-CEO of Credit Suisse, published his memoirs harking to a bygone era. The times described in it seem far away, but his disciples are still among us.
Small investors networked via online forums seemingly played a large role in the mysterious crash of Credit Suisse shares earlier this month. The once proud big bank now finds itself demoted to a meme stock.
Investors are increasingly looking to private markets to build their wealth. finews.asia talked with Christian Wicklein, a managing director at Partners Group in Zug about private wealth and finding the right companies to invest in.
A McKinsey Report reveals that retail banking makes up almost half of all financial sector profit worldwide. finews.asia takes a closer look.
HSBC will look to accelerate its digital transformation through a cloud tie-up with US tech firm Oracle.
BNP Paribas is the latest global financial firm to expand its mainland China business with the establishment of an asset management joint venture.
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