Boris Collardi, who earlier this year bought a stake in EFG international, is a step closer to sitting on its board along with Alexander Classen.
In good news for shareholders, Switzerland's largest bank boosts its dividend and is on track to exceed buyback goals.
BNP Paribas has announced the appointment of a head of securities services for Australia and New Zealand.
HSBC breathed a sigh of relief as it dodged a third consecutive cancellation of its Rugby Sevens event. The fate of the Standard Chartered Marathon follows this week.
Despite ongoing concerns, Hong Kong’s planned financial summit in November has confirmed the attendance of a second global banking CEO.
Inflation is driving expenses significantly higher at HSBC, requiring it to be «brutal» on costs in order to meet financial targets.
To retain investment banking talent and contain costs, the Board of Credit Suisse is said to have raised the idea of an equity stake for top deal makers.
For Sergio Ermotti, diversification of the Swiss financial center is more important than maintaining two large banks.
The step by the Biden Administration could potentially come as soon as next month, likely further escalating the friction between both countries.
The joint initiative aims to make ESG data consistent and comparable for investors while facilitating reporting for listed companies.
«The nominal performance in equity markets over the next ten years in industrialized countries is expected to lie between 1 and 2 percent. Effectively, that means they will have the same returns as fixed income provides now,» writes Harald Preissler in a...
A Cologne-based asset manager with a presence in Zurich is appointing Axel Weber to a key position.
Evergrande’s Hong Kong headquarters has reportedly been seized by a bank after previously failing to sell the 26-story tower twice.
Judging by the latest earnings figures, banks are operating more efficiently than they have in years. But the industry could soon be heading into rough terrain, not least Credit Suisse.
Former Wheelock chairman and billionaire tycoon Peter Woo joins the call to scrap hotel quarantine for arrivals in Hong Kong, adding to pressures for the government to reopen the city.
DBS has announced a partnership with blockchain-based gaming platform, The Sandbox, acquiring a plot of virtual land within its metaverse.
Yesterday, Queen Elizabeth II passed away at the age of 96. finews.asia reviews the iconic roots of the longest-serving British monarch in Hong Kong’s financial history.
The crypto world is holding its breath as Ethereum’s upgrade nears and no one knows what the consequences will be. Dominik Spicher from 21 Analytics told finews.com which Swiss platform is likely to benefit the most from the switch.
While the US was arguing with China over access to audit papers of Chinese companies listed on US exchanges, Switzerland’s stock exchange was picking up secondary listings of Chinese companies.
Swiss Bank agrees to buy up its remaining stake in its CSS joint venture in China from Founders Securities.
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