Credit Suisse chief executive Thomas Gottstein spoke about the diversification of the Swiss bank’s business in Asia and the advantages of not being excessively reliant on China which is facing challenges including its zero-Covid approach.
A top Singapore diplomat recently shined the spotlight on China, hoping the second-largest economy would «assert their influence with Chinese characteristics» and help put an end to the war in Ukraine.
Switzerland’s largest bank is selling its joint real estate venture with Mitsubishi to an investment firm.
A former BSI banker took the stand in the 1MDB trial of Roger Ng, claiming that he had raised questions about unusual payments to a shell company that were dismissed by Tim Leissner who said that due diligence was «not Goldman’s responsibility».
Mitsubishi UFJ Financial Group said Wednesday it has tapped Yezdan Badrakhan as managing director and head of U.S. esoteric asset-backed securities (ABS).
Credit cards may be one of Singapore’s aspirational five Cs, but plastic payments appear to be losing their allure around the region.
Chinese equities staged a historic rebound after top government bodies vowed to provide market support and, most notably, claimed to make progress on issues regarding U.S. listings. Could this lead to sustained calm for the market?
The former deputy president of OCBC has joined the board of Singapore-based Mapletree Logistics Trust.
The London Metal Exchange faces more embarrassment after it halted nickel trading for a second time only minutes after reopening.
The Hong Kong-based company, which owns the building housing UBS's London headquarters, is selling it to a new owner who is also in Asia.
Credit Suisse has not decided whether it will withdraw from Russia and, for the first time, its CEO says roughly how much money the bank holds from Russian clients.
Bank of America will look to expand its sustainable finance efforts in China with plans to reportedly double the size of its ESG-based investment team in Asia.
UBS strengthens its family office business in the region with the appointment of two new executives, finews.asia has learned.
Citi has appointed a new head of markets for Asia Pacific, replacing Stuart Staley who remains with the American bank.
While the sanctions net is ensnaring oligarchs' assets in Italy and France, it doesn't appear to be as tight around some of the super-rich close to the Kremlin.
BNP Paribas and public sector lender Bank of Baroda have entered a strategic partnership with the establishment of an asset management joint venture in India.
Chinese stocks are posting their worst losses since 2008 with a myriad of headwinds in play including U.S. delisting fears, a new surge in Covid cases, sanction risks and more.
Singapore’s largest bank DBS has appointed a new country chief executive for China.
After Russian banks were ejected from the global payments system over the weekend, fears of cyberattacks on the Swift payment system are growing.
The Swiss bank is bringing on an experienced journalist to lead its corporate communication efforts.
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