Despite the challenges, Hong Kong optimists point at the size and mix of the market’s investment universe as a key factor that will sustain the city's status as a hub for family offices, according to industry experts on a recent panel.
Malaysia’s top court upheld its verdict against ex-prime minister Najib Razak who was ordered to begin his prison sentence after losing a final appeal against the ruling.
The demand for collectibles is on the rise to feed a growing appetite for recession-proof hedges against inflation.
Chinese issuers facing delisting risk are seeking alternatives worldwide with the Singapore Exchange reportedly anticipating demand in the coming months.
Credit Suisse announced the expansion of its wealth management division at the end of 2021. Now a wave of client advisor reassignments is beginning.
In addition to its ongoing reopening, Singapore will look to further expand its travel capacity with plans to launch a new terminal that will rely heavily on automation and be resilient to future pandemics.
Pressure from Beijing to lend coupled with economic worries from borrowers has reportedly led Chinese banks to inflate their loan figures by adopting unusual practices.
Authorities are reportedly considering whether to exempt participants from onerous quarantine requirements, prompting a potential backlash.
DBS Digital Exchange saw trading volume rise significantly in June in the midst of ongoing turbulence in cryptocurrency markets.
Before even starting her job as European head of Credit Suisse, Francesca McDonagh has been named as the new COO, becoming the CEO's right hand woman.
Harris Associates chief investment officer David Herro called Credit Suisse’s investment banking division a «problem child» that needs to be fixed within the next two years.
Citi has seen strong demand in Asia for fixed income with its wealth management clients in the region investing close to $5 billion in bonds over the last three months.
US prosecutors accused fallen family office Archegos of misleading banks about risks immediately before its collapse in early 2021, as part of legal claims to which founder Bill Hwang has pleaded not guilty.
A successor to Credit Suisse's chief financial officer David Mathers has been announced alongside a reshuffling of its top managers.
Billionaire tycoon Xiao Jianhua, reportedly abducted by Chinese security agents in 2017, has been sentenced to prison, and his conglomerate given an unprecedented $8 billion fine.
HSBC will become the first international bank to open a Lingang branch as a way of promoting cross-border trade.
Most of Credit Suisse’s investment banking division could reportedly be put on sale or spun off as the Swiss lender aims to create a «capital-light» unit.
A settlement is near in the US involving banks' illegal use of personal messenger apps. Those banks involved, including UBS, are facing fines of up to $200 million each, according to media reports.
Credit Suisse hires a 26-year industry veteran to head its Australia infrastructure unit.
Boris Collardi has taken an $80 million stake in Swiss private bank EFG. He didn't do that just to keep the status quo.
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