For a long time, UBS’s private banking business served careerists as a stepping stone. Although outgoing manager Tom Naratil tried to break the trend, there are indications that it might not be so easy to do so.
The liquidation of Credit Suisse's supply chain funds has been sluggish. Now the bank is raising two additional claims against insurers.
Singapore-based Hodlnaut is the latest crypto firm to come under pressure with the application for creditor protection in in the city-state.
Credit Suisse is reportedly experiencing a mass exodus in senior staff in China which is causing a delay in regulatory approvals for more onshore expansion.
While crypto optimism is on the rise amongst asset managers as of late, banks remain mixed about the digital asset class with some accelerating adoption while others are still on the sidelines. finews.asia reviews the two industries' different crypto paths.
Terraform Labs co-founder Do Kwon made a rare appearance in a media interview about the Terra-Luna crash, adding that he believed there was likely a «mole» at the firm exploiting vulnerabilities in the tokens.
Singapore-based Wrise has launched its wealth management offering, alongside a proprietary system, focused on serving the needs of the ultra-high net worth segment.
Standard Chartered has announced the appointment of a chief investment officer for Africa, the Middle East and Europe.
Despite rising geopolitical tensions driven by the recent US visit to Taiwan, some onlookers see limited risk to markets even in the event of an actual military conflict. What say the banks?
T. Rowe Price has hired a former executive from Invesco to join its institutional business for Greater China.
Five Chinese state-owned giants have announced their intentions to delist from the New York Stock Exchange, in a sign of things to come in the US-China audit dispute.
The digital bourse located in the city-state names a former Singapore Exchange executive as board chairman.
Credit Suisse's new CEO wants to break new ground with the bank's securitization business. That's not so easy seeing as the unit is as risky as it is lucrative.
Arsenal FC is now prohibited from advertising its fan tokens following a ban by the regulator. Meanwhile, crypto companies continue to seek proximity to the glitzy football world as sponsors.
Deutsche Bank mourns the death of its former Co-CEO who passed away in the early hours of Saturday at the age of 59 after a long, serious illness.
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An accomplished banker is joining the board of an initiative by the Law Society of Singapore.
Singapore insurer Singlife has announced three new hires for its Navigator Investment Services platform.
Rising inflation and a strengthening dollar have driven Latin American countries to become market leaders for crypto giant Binance.
Three individuals were arrested in South Korea over possible links to illegal crypto activities related to a probe of «abnormal» FX transactions totaling billions of dollars.
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