Tidjane Thiam is the public face of Credit Suisse's current woes as the bank embarks on a painful restructuring. Now, the bank's second-largest shareholder is voicing subtle criticism of the CEO's treatment of staff.
The eurozone’s largest bank by market value will close its office in Seoul before the end of the year and some of its employees will be dispatched to Hong Kong.
In banking, underperformance usually translates to a lower bonus – or absence of one altogether. In China, the consequences for poor performance is far more painful, as this secretly filmed footage shows.
The U.S. wealth management arm of UBS has undergone several major changes recently, giving new life to rumors that the Swiss bank is preparing a sale of the unit. A former UBS banker explains the logic behind.
The Society of Trust & Estate Practitioners has stated that the long serving Chief Executive will stand down.
President and CEO of Vietjet Aviation has been named in Forbes’ World’s 100 Most Powerful Women.
Global asset manager PineBridge Investments has added two senior executives to its Asia institutional business development team.
Credit Suisse CEO Tidjane Thiam said hedge funds are wrong to assume that the Swiss lender will have to raise additional capital after the shares touched a fresh all-time low last week.
UBS and its belief in the superior performance of hedge funds is seemingly unshakable. The company is strengthening the O'Connor platform further – and with the move, the position of the boss of the platform.
Credit Suisse's Robert Shafir has been unseated as the bank's top earner last year in favor of a Brazilian fixed income banker more recently better known for his family ties.
Tidjane Thiam terminated the career of Gaël de Boissard as a high-flying investment banker at Credit Suisse when he assumed power at Switzerland's No. 2 bank. A big change of track for the Frenchman.
DBS Bank is looking to use India as a technology innovation hub, working in tandem with the yet-to-to-open lab in Singapore.
Swiss bank Credit Suisse placed five employees on leave. They worked on initial public offerings for Israeli companies.
Credit Suisse and UBS are advising on the potential merger of Abu Dhabi’s two largest banks, according to reports in the industry.
Real estate investment trusts that can grow their distribution per unit over the long-term might make good investments.
Crestone, established by client advisers, senior management and employees of UBS Wealth Management Australia, has opened its doors with the newly implemented Avaloq Banking Suite.
Bank of England Governor Mark Carney commented last week that Fintech should neither be the Wild West nor strangled at birth.
Banks have gotten used to mistreating their customers in a surprisingly short time. It isn't surprising that they are less than pleased about it. And it doesn't amount to a sustainable business model, says Thomas Fedier in an exclusive essay for finews.first.
The Brexit vote is one of the year’s biggest so-called risk events for banks’ foreign exchange activities. Traders at Credit Suisse and UBS are bracing for an all-nighter after polls close on June 23rd.
Bedell Cristin, who specialise in providing Jersey, Guernsey, Mauritian and BVI legal advice, has strengthened its Singapore office with the appointment of an experienced corporate lawyer.
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