UBS Global Wealth Management has hired a new private market specialist formerly from Bank of China Group, finews.asia has learned.
Hong Kong-based investment firm Silverhorn hired an industry expert previously based in Hong Kong. He has a solid grasp of the landscape and will return from Switzerland in February 2022 to be on the ground in Asia.
Switzerland and Singapore authorities to hold a conference this June in Zurich that seeks to intensify work on digitalization.
HSBC will reportedly reduce staff headcount and office space in Switzerland, following expectations of a poor 2021 showing for its private bank in the country.
Around a quarter of bank branches in Hong Kong will close, as of this week, in the midst of a surge in coronavirus cases in the city.
Tikehau Capital, a pan-European asset manager, has tapped the U.S. Private Placement (USPP) market to raise $180 million in bonds as it expands into North America.
A decision by DBS to roll out a 24-hour offering on its digital exchange has caused crypto volumes to surge, with trading totaling more than S$1 billion in 2021.
Hong Kong’s strict Covid regime has hit the travel market but turnover in the sector has benefitted Citi, which hired 1,000 new employees in the city in 2021.
DBS Group reported Monday its net profit for the fourth quarter grew 37 percent from a year earlier to S$1.39 billion, missing a forecast from a Reuters poll of four analysts.
In economically uncertain times, gold's hour has come. But gold and gold are no longer the same since investors have been making additional demands on the heavy bars with the dominance of ESG issues, Roman von Ah writes in an essay on finews.first.
Australia’s public prosecutor has pulled out a case against Citigroup, Deutsche Bank and several former executives over a A$2.5 billion share issuance in 2015.
A New York court has ordered exiled Chinese businessman Guo Wengui to make a payment to creditors, ruling that he had moved a yacht out of U.S. waters to avoid debt collection.
Play-to-Earn games where participants convert digital credits into real-world money are gaining in popularity and are the gaming industry’s next big thing.
Cryptocurrency player Binance is going old school, making a $200 million investment in media brand Forbes via a SPAC investment.
The upcoming successor to Prudential chief executive Mike Wells will be based in Asia as part of the British insurer’s continued focus on growth markets.
Rockefeller Capital Management has named Ruchir Sharma to become managing director and chairman of Rockefeller International.
Brandon Smietana – founder of Singapore-based Skycoin Global Foundation – has filed a civil racketeering lawsuit in the U.S., claiming that he was a victim of extortion and kidnap.
The total number of employees and contractors kept rising last year despite the bank exiting prime services.
Chinese billionaire Guo Wengui sues UBS for $500 million in a London court. The Swiss bank's failed bid to throw out the case potentially sets a dangerous precedent.
Rating agency Fitch has cut its growth forecast for Hong Kong in half, citing the growing Omicron outbreak and the government’s decision to further tighten measures in the city.
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