Chinese authorities are reportedly planning to set up a real estate fund, in the midst of an ongoing mortgage boycott against unfinished homes.
Deutsche Bank has reportedly reorganized the top regional ranks of its investment banking business following the exit of longtime executive Drew Goldman.
Credit Suisse will pay restitution to investors in the scandal involving bonds used to fund the purchase of tuna fishing boats in Mozambique.
A consortium of banks led by UBS and Deutsche Bank reportedly incurred a $200 million loss on a corporate acquisition involving bridge financing.
A former alternatives specialist from Bank of Singapore has joined J.P. Morgan Asset Management to oversee retail distribution for the asset class.
Mitsubishi UFJ Financial Group will reportedly double the size of its recently created Japanese unit dedicated to affluent clients.
Julius Baer-backed crypto bank SEBA will reportedly take advantage of the selloff as a buying opportunity, with plans to add more than a dozen staff in Asia.
The sale of HSBC’s Russian business to Expobank may have hit a road bump with the central bank governor stating that no request for approval for the deal was received.
Client response to market uncertainty in Asia during the early part of 2022 hits Julius Baer AuM, resulting in more than $1 billion in net outflows.
Swiss private bank Julius Baer reported profits falling by a quarter during the first half of the year, characterizing them nevertheless as resilient.
The city government is reportedly ready to make a final decision on a new and reduced quarantine process for arrivals.
Global insurance broker IPG Howden announces a new chief executive officer for Asia.
Anyone passionate about the world of cryptocurrencies will find themselves freezing in the so-called crypto winter after the recent and dramatic fall in the value of the misnamed digital currencies, Manuel Romera Robles writes in his essay for finews.first.
Swiss private banking has climbed down from last year’s record highs. This week's results from Julius Baer, UBS, Credit Suisse and Vontobel could confirm future trends.
The Luna fiasco continues to unfold with the latest raid by South Korean authorities of local crypto exchanges and offices.
Decisions by the European Central Bank and the SNB, prompt Julius Baer to lift negative rates for certain client deposits.
A longtime Credit Suisse banker who later moved to UBS joins Swiss private bank EFG International as head of legal and compliance.
In central China, a crisis is brewing with growing worries from property-linked loans, angry depositors in the nation’s biggest bank scam and a viral video showing tanks being deployed on the streets.
A 20-year veteran at BNP Paribas Securities Services has been appointed as its head of Southeast Asia.
BNY Mellon has formed an advisory council to support the US financial giant’s growth plans in the Asia Pacific region.
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