Credit Suisse chairman Axel Lehmann believes the bank will remain independent despite acquisition rumors, but he knows it needs to show progress.
Mainland Chinese authorities reportedly held an emergency meeting to address concerns regarding a growing refusal by clients to make mortgage payments on stalled projects.
Barclays is the latest foreign bank to reportedly plan an expansion into the mainland asset management industry although it still needs to find a partner.
Banks in the Asia Pacific region could improve their resilience by selling their insurance units, according to an S&P report, underlining tighter regulations as a hurdle.
UBS Global Wealth Management has hired a hedge fund specialist formerly from Goldman Sachs, finews.asia has learned.
The highest US inflation read since the 1980s forces the monetary authority to defend its peg to the American currency.
The MAS indicates it will continue to tighten policy to slow inflation and ensure price stability in the medium term.
Singapore state-owned investor Temasek cut allocations to Chinese markets over the past 12 months, which previously represented the highest portfolio weighting, in the midst of concerns about slowing growth.
LexisNexis examines findings from the first wave of sanctions against Russia and finews.asia takes a closer look at the key ones.
Manulife Investment Management has appointed a deputy chief investment officer to its timberland investment business in the Asia Pacific region.
Another one bites the dust, this time with New Jersey-based crypto lender Celsius Network filing for bankruptcy.
As a reaction to the unfavorable stock market development, Credit Suisse fund management is postponing the planned IPO of a real estate fund.
Global investmen research firm Morningstar is shrinking its Shenzhen workforce by shedding hundreds of jobs in the southern Chinese city.
More Credit Suisse investment banking executives are on the move, this time with its APAC head of FX trading reportedly joining Deutsche Bank.
There are always winners in times of crisis. While some cryptos default, others hunt for takeover candidates.
Liquidators of Three Arrows Capital have obtained the power to subpoena the founders of the fallen crypto hedge fund, whose whereabouts remain unknown.
Copenhagen-based Nordea Asset Management has hired a former PineBridge executive as its head of Asia Pacific distribution.
Swiss bank says current wealth management co-head Tom Naratil will retire, with Naureen Hassan succeeding him in the Americas.
Hong Kong’s new health chief reportedly spoke about the possibility of quarantine-free travel by November, in time for the city’s global banking summit.
The Swiss bank has created a new area in its asset management business to oversee investment processes and standards in a newly created global investment area.
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