Monday, 18 November 2024

FINANCE Thursday, 28 July 2022 13:22

Wealth Management is One Bright Spot for Vontobel

Vontobel's first half results were below last year's record result, but its wealth management unit was steady in a tumultuous market.

FINANCE Thursday, 28 July 2022 12:20

Credit Suisse Needs to Be More Flexible

Next quarter, Credit Suisse will unveil the progress of its latest strategic review that includes the goal of lowering its overall cost base.

FINANCE Thursday, 28 July 2022 10:56

Binance Founder Sues Bloomberg’s Chinese Affiliate

Binance founder Zhao Changpeng has reportedly sued a Hong Kong-listed company that publishes a Bloomberg magazine’s Chinese language edition over defamatory statements.

FINANCE Thursday, 28 July 2022 09:47

Do These Men Have the Right Stuff for Credit Suisse?

Can two managers who have never distinguished themselves through outstanding leadership rescue Credit Suisse from its biggest crisis in 166 years?  

PEOPLE Wednesday, 27 July 2022 23:58

Julius Baer Reshuffles Global India Leadership

Julius Baer has made several changes to the leadership of its India wealth management business, finews.asia has learned.

PEOPLE Wednesday, 27 July 2022 19:44

Credit Suisse Keeps Hiring Come What May

Many will be unfazed by the announcement of a new strategic review and cost cuts given the Swiss bank’s track record. finews.asia analyses the numbers.

FINANCE Wednesday, 27 July 2022 19:34

Credit Suisse: Too Little, Too Late And Too Vague

Credit Suisse announced a new CEO along with its dismal second-quarter results. He will spearhead a strategy review for the group which aims to put the bank back on a sustainable course.

FINANCE Wednesday, 27 July 2022 16:26

SEC Probes Coinbase Over Crypto Listings

The US Securities and Exchange Commission is probing crypto giant Coinbase for digital assets traded by users which might have had to be registered as securities. 

PEOPLE Wednesday, 27 July 2022 14:57

Natixis CIB Appoints APAC Head of Telecom and Tech

Natixis Corporate & Investment Banking has announced the appointment of a head of telecom and technology for Asia Pacific.

FINANCE Wednesday, 27 July 2022 13:31

Gottstein Bids Credit Suisse Farewell With Massive Loss

What Credit Suisse has billed as a transition year looks to be turning into another «annus horribilis» as it posts a massive second-quarter loss. The bank is pinning its fortunes on a new CEO to turn things around. 

FINANCE Wednesday, 27 July 2022 13:18

Credit Suisse Posts Lower Profits and Assets in Asia

Profits and assets under management trended lower for troubled Swiss giant Credit Suisse, though the bank saw improvements in new money.

PEOPLE Wednesday, 27 July 2022 12:24

Fidelity International Names Head of Taiwan

Fidelity’s investment management arm has announced the appointment of a head of Taiwan.

FINANCE Wednesday, 27 July 2022 11:19

US Report Claims Fed Unable to Counter Chinese Info Theft

A report by the Senate Homeland Security Committee claims that the Federal Reserve has faced the threat of Chinese information theft for a decade, citing alleged cases of forced detainment, unapproved data transfers and more.

PEOPLE Wednesday, 27 July 2022 09:17

Ulrich Koerner Succeeds Thomas Gottstein

Credit Suisse’s asset management chief Ulrich Koerner is confirmed as the bank’s new CEO and successor to Thomas Gottstein.

PEOPLE Wednesday, 27 July 2022 04:50

Credit Suisse CEO Thomas Gottstein Departs

His resignation was announced on Wednesday during the second quarter earnings result. 

FINANCE Tuesday, 26 July 2022 21:38

Ralph Hamers – Surfing the Interest Rate Wave

The head of UBS speaks about the adverse environment for the world's largest private bank. But there is one wave bankers can ride without much effort as finews.com shows.

PEOPLE Tuesday, 26 July 2022 16:04

34-Year Citi Vet to Lead Affluent Units in Asia

A 34-year veteran from Citi has returned from his sabbatical to lead the bank’s affluent segments – Citigold and Citigold Private Client – in the region.

FINANCE Tuesday, 26 July 2022 15:35

Alibaba Eyes Primary Listing in Hong Kong

Hong Kong’s financial market could see a much needed boost with Alibaba planning to add a primary listing on the city’s exchange.

FINANCE Tuesday, 26 July 2022 13:19

Invested Assets Plummet at UBS’ Asia Wealth Unit

Risk appetite amongst wealth management clients in Asia evaporated at UBS in the last 12 months, which saw invested assets plummet by more than $120 billion.

FINANCE Tuesday, 26 July 2022 12:58

UBS Profit Run Continues in Second Quarter

Despite one of the most challenging investment environments in a decade, Switzerland's largest bank managed to match its first-quarter profit performance in the second.

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