Following the Archegos debacle, Credit Suisse scaled back its services for financial investors and passed them on to its competitors. The Swiss bank's withdrawal from prime brokerage is now shaking up the market.
The pursuit of Terraform Labs founder Do Kwon is heating up with South Korean police claiming he is «obviously on the run» after Singapore police said he left the city-state.
Chinese metals giant Tsingshan is reportedly seeking replacements for reduced lending by JPMorgan in the aftermath of the nickel fiasco on the London Metal Exchange.
Yes or no? Sources tell local media that discussions are underway to end the increasingly notorious pandemic quarantine regime for travelers.
Credit Suisse settled a legal dispute with an American pension fund over risky investments resulting in billions of dollars of losses resulting from the collapse of Archegos and Greensill Capital.
Singapore is pulling out all the stops to attract international talent. It may stem worker shortages in the short-term but there are challenges in the longer term, mainly political and social risks from rising anti-foreigner sentiment.
The storied brand may resurface as part of the strategic reshuffle of its investment bank, although it could also portend something far different.
UBS has reportedly hired a team of «content reviewers» in order for its Chinese research publications to be «free of any sensitivities».
The popularity of the recently deceased British Queen Elizabeth II is also reflected in the numismatic world. The value of a fabled silver coin is expected to fetch a record at an upcoming auction.
The organizer of the city's yearly long-distance run follows through on its ultimatum and cancels after receiving no response from the government.
In the legal battle between Credit Suisse and its former client, Bidzina Ivanishvili, the Swiss lender admitted to having neglected its fiduciary duties.
It's a big moment for the crypto community: Ethereum 2.0 is a reality – yet the price of the cryptocurrency has barely reacted. Did something amiss?
Swiss tennis great Roger Federer announced his retirement from his day job yesterday but will continue as a brand ambassador for Credit Suisse.
Nations in the fastest-growing and most populous continent of Asia dominated the top ranks in global crypto adoption, according to blockchain data provider Chainalysis, including China which had banned the digital asset class.
Lines extend beyond the British consulate for a fifth straight day as residents pay their respects to the Queen.
Do Kwon could be forced to return from Singapore to South Korea to face the music as authorities reportedly review a request to revoke his passport.
Rising risks from inflation, recessionary pressures interest rates and more have fuelled demand for alternatives as investors avoid public market jitters. For private debt, 2022 may be the year the asset class goes mainstream in wealth management
After two decades of helming major financial services providers in Asia, René Buehlmann is a top Swiss expert in the region. In an interview with finews.asia, Abrdn's head of Asia talks about fundamental changes for business with the region.
Cathie Wood and her ARK Investment Management firm are using the recent stock market selloff to go on a buying binge, snapping up shares of nearly 30 companies.
Claudio de Sanctis may not speak German, but he still made it to the top of Deutsche Bank, which he maintains is the last fully global bank. In an interview with finews.com, he says the world is facing unprecedented complexity and volatility.
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