The wave of exiting investment bankers in Hong Kong’s souring market continues to grow, this time with Deutsche Bank losing a handful of executives, finews.asia has learned.
Australia-based Latitude Group has terminated its deal to acquire Humm’s buy-now-pay-later (BNPL) unit.
$60 million of funds potentially laundered through Credit Suisse has been reportedly identified by a Swiss prosecutor who could deliver a formal indictment in the coming months.
Credit Suisse issues a call to redeem a $1.5 billion Tier 1 capital instrument to simplify its portfolio.
Amsterdam-headquartered ING has hired an ex-Westpac banker to join as its new country manager for Singapore.
The HKMA swiftly follows the Federal Reserve's hike in order to prevent capital outflows but diverging economic cycles look to increasingly test the city's mettle.
Morgan Stanley Asia Pacific chief executive Gokul Laroia has reportedly joined the American lender’s most senior management committee.
London-based digital banking platform Revolut has expanded to five more countries with the aim of reaching 90 by the end of this year.
A vague tweet from the co-founder of a Singapore-based cryptocurrency hedge fund has spurred concerns about its financial health, «Bloomberg» reported.
Globally, large corporates working to increase the women in its management ranks usually proceed by hiring more women. One Japanese company is taking a different route: Issuing a sustainability bond.
UBS’ global wealth arm has expanded its coverage of Southeast Asian high net worth individuals with the appointment of three new private bankers, finews.asia has learned.
AXA Investment Managers Alts has appointed a new head and shuffled other senior roles.
Turnover is on the rise at Hong Kong’s investment banks amid a soured market outlook with Credit Suisse being the latest to see exits, finews.asia has learned.
Crypto exchange Binance has launched a massive hiring spree, bucking the wider industry trend as competitors make job cuts across the board in a weakened market.
A senior investment banker at Credit Suisse in New York was fired after unauthorized messaging to clients.
A U.S. senator from Montana recently spoke out about the suspension of HSBC executive Stuart Kirk over his climate change comments, calling the move «woke» and a potential breach of law.
More Chinese investment banks are reportedly cutting staff in Hong Kong amid a plunge in new listings, despite expectations for an improved second half.
Credit Suisse has made a series of new appointments for the top management positions within its investment banking and capital markets unit, finews.asia has learned.
Citi has expanded its digital payment-processing service for businesses into developed markets in Asia.
Asia continues to dominate as the home of the most expensive cities for wealthy individuals to live in, according to a newly published lifestyle report by Julius Baer, in the midst of an inflationary drive sending prices higher worldwide.
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