Monday, 18 November 2024

PEOPLE Friday, 17 June 2022 11:50

Deutsche Investment Bankers Join Exit Wave in Hong Kong

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.

FINANCE Friday, 17 June 2022 11:32

Australia BNPL Acquisition Deal Collapses

Australia-based Latitude Group has terminated its deal to acquire Humm’s buy-now-pay-later (BNPL) unit.

FINANCE Friday, 17 June 2022 10:29

Swiss Prosecutor Traces Laundering Trail to Credit Suisse

$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.

FINANCE Friday, 17 June 2022 09:16

Credit Suisse Looks to Simplify its Capital Portfolio

Credit Suisse issues a call to redeem a $1.5 billion Tier 1 capital instrument to simplify its portfolio.

PEOPLE Thursday, 16 June 2022 16:13

ING Hires Ex-Westpac Singapore Chief

Amsterdam-headquartered ING has hired an ex-Westpac banker to join as its new country manager for Singapore.

FINANCE Thursday, 16 June 2022 15:53

Hong Kong's Ride is Just Starting

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.

PEOPLE Thursday, 16 June 2022 15:31

Morgan Stanley’s Asia CEO Joins Top Global Committee

Morgan Stanley Asia Pacific chief executive Gokul Laroia has reportedly joined the American lender’s most senior management committee.

FINANCE Thursday, 16 June 2022 14:22

Revolut Expands to Five More Countries

London-based digital banking platform Revolut has expanded to five more countries with the aim of reaching 90 by the end of this year.

FINANCE Thursday, 16 June 2022 14:13

Crypto Fund Founder’s Tweet Spurs Worries

A vague tweet from the co-founder of a Singapore-based cryptocurrency hedge fund has spurred concerns about its financial health, «Bloomberg» reported.

FINANCE Thursday, 16 June 2022 12:06

Boosting Women in Management, Japan Style

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.

PEOPLE Thursday, 16 June 2022 11:58

UBS Adds Private Banking Trio for Southeast Asia

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.

PEOPLE Thursday, 16 June 2022 10:45

AXA IM Alts Shakes Up Australia Leadership

AXA Investment Managers Alts has appointed a new head and shuffled other senior roles.

PEOPLE Thursday, 16 June 2022 10:33

Credit Suisse Loses Hong Kong Investment Bankers

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. 

PEOPLE Thursday, 16 June 2022 10:07

Binance Bucks Crypto Downtrend With Hiring Spree

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.

PEOPLE Thursday, 16 June 2022 09:27

Credit Suisse Banker Axed for Unauthorized Messaging

A senior investment banker at Credit Suisse in New York was fired after unauthorized messaging to clients.

FINANCE Wednesday, 15 June 2022 16:22

U.S. Senator Slams HSBC for Groupthink Over Climate Suspension

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.

PEOPLE Wednesday, 15 June 2022 14:53

More Chinese Investment Banking Layoffs Amid IPO Drought

More Chinese investment banks are reportedly cutting staff in Hong Kong amid a plunge in new listings, despite expectations for an improved second half.

PEOPLE Wednesday, 15 June 2022 13:44

Credit Suisse Reshuffles Investment Bank in Asia

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.

FINANCE Wednesday, 15 June 2022 13:42

Citi Expands Digital Payments Service to Asia

Citi has expanded its digital payment-processing service for businesses into developed markets in Asia.

HIGH-END Wednesday, 15 June 2022 12:13

Julius Baer: Asia is Home to the Most Expensive Cities

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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