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Credit Suisse has been ordered to pay damages to Georgian oligarch Ivanishvili in Singapore. But the bank won’t admit defeat yet.
I am convinced that the future of finance lies in the broader adoption of public blockchains, Jan Brzezek writes in an article for finews.first.
A former executive of Morgan Stanley Investment Management has joined asset manager Blackrock in Japan.
The head of foreign exchange at UOB plans to leave and join Malaysia’s Maybank.
Leonteq's co-founder and former CEO Jan Schoch has big plans in Switzerland. He hasn't however completely turned his back on the financial industry as finews.asia found out in an interview.
UBS's takeover of Credit Suisse doesn't raise any concerns about competition at EU level.
Constant digital transformation in the banking sector has brought implications to cyber security risks.
After serving four years as the Chairman of the Swiss Chamber of Commerce and Industry, Georg von Wattenwyl stepped down to hand over the Chair to his successor.
Geneva-based Union Bancaire Privée has fully acquired a new asset manager that specializes in Japanese small-cap equities.
The Monetary Authority of Singapore responded to a query about Angolan tycoon Carlos Manuel De Sao Vicente’s failed attempt at obtaining funds from a private bank in the city-state.
In the meantime, even fund houses that haven’t invested in GAM have an opinion about its future, while its official bidders are increasingly under pressure as finews.asia found out.
North Carolina-based Bank of America is reportedly planning to move 40 bankers in Asia to other divisions to avoid cutting the overall headcount.
London-based HSBC is reviewing potential exits in up to a dozen markets worldwide to sharpen its focus on expansion in Asia.
UBS has been a net gainer in customer balances following the takeover of Credit Suisse, boosting its market position in the southern part of the Asia Pacific region.
Credit Suisse executives will have their outstanding bonuses for 2022 canceled or reduced. UBS bonuses could also take a hit.
The Swiss-based private bank is appointing a former Barclays banker to look after an important market, where it plans to grow.
When the Swiss government and Swiss regulator forced UBS to rescue Credit Suisse, one of the conditions was that AT1 instruments would be written off.
More family offices continue to be set up in Singapore following two years of strong demand, according to data analytics firm Handshakes.
Independent investment specialist Matthews Asia has hired a new head for the regional business.
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