Tuesday, 19 November 2024

PEOPLE Thursday, 20 January 2022 12:13

Credit Suisse's Lucrative Send-Off for Ex-Chairman

The Swiss bank's kiss-off to the chairman of less than nine months is reportedly full pay on par with his predecessor and no restrictions about moving to a competitor.

FINANCE Thursday, 20 January 2022 12:08

HKMA Puts the Squeeze on Crypto

The Hong Kong banking regulator’s discussion paper on crypto-assets shows a far stricter supervisory regime in the making.

FINANCE Thursday, 20 January 2022 11:58

Singapore SPAC Debut Results in Investor Bonanza

Singapore debuted its first special purpose acquisition company yesterday, luring masses of local and international investors seeking to capitalize on blank-cheque opportunities. 

FINANCE Thursday, 20 January 2022 10:54

Sustainability Practice Lags at APAC Banks

Banks in Asia Pacific continue to lag behind global peers with regards to sustainability, according to a recent study by Mazars, highlighting room for improvement across governance, risk management and disclosures.

PEOPLE Thursday, 20 January 2022 10:20

AIA Names Head of ESG for Singapore

Insurance giant AIA has announced an appointment for the newly created role of head of environmental, social and governance for Singapore.

FINANCE Wednesday, 19 January 2022 16:00

Axis Bank is Leading Bidder for Citi’s India Consumer Unit

Axis Bank is reportedly the frontrunner to buy Citi’s consumer banking business in India, valued at around $1.5 billion.

FINANCE Wednesday, 19 January 2022 14:47

Fusang Wins Approval For Token-Based Equity Listing

Digital exchange operator Fusang has received regulatory approval to conduct Asia’s first initial public offering via blockchain-based equities.

PEOPLE Wednesday, 19 January 2022 12:49

Another Departure at Credit Suisse

The Swiss bank's top sustainability expert is leaving, finews.asia has learned.

FINANCE Wednesday, 19 January 2022 12:17

Ex-Credit Suisse Boss a Grand Inquisitor?

The sudden departure of Chairman António Horta-Osório reveals a major divide at Credit Suisse – and far less diplomacy from the overseer than expected.

FINANCE Wednesday, 19 January 2022 12:16

Lombard Odier on China: «This Correction Has Gone Too Far»

While most banks are advising to remain cautious on Chinese markets, Lombard Odier has taken a relatively contrarian view that the downturn in investor sentiments for both the equities and bonds has been overdone. 

FINANCE Wednesday, 19 January 2022 10:10

Citi Nears Deal For Mainland China Consumer Unit

Citi is reportedly in advanced talks to sell its mainland China consumer banking business to Taiwan’s Fubon Financial Holding.

FINANCE Tuesday, 18 January 2022 15:56

CMB-Backed Firm First to Test Hong Kong SPAC Market

Hong Kong could see its first-ever SPAC listing from a company backed by China Merchants Bank.

FINANCE Tuesday, 18 January 2022 14:54

Railsbank Expands Throughout Asia

U.K.-based fintech Railsbank has been expanding throughout the Asia Pacific region with its embedded finance offering.

PEOPLE Tuesday, 18 January 2022 14:26

António Horta-Osório's Unfinished Swiss Legacy

António Horta-Osório departs Credit Suisse a strategy that leaves a lot open. His successor at the Swiss bank, Axel Lehmann, has to deal with it. 

FINANCE Tuesday, 18 January 2022 12:09

BNP Paribas: No Near-Term Catalyst For China Tech Comeback

BNP Paribas’ private banking arm is advising investors to stay cautious on Chinese technology stocks, underlining continued pressure on earnings growth due to Beijing's ongoing crackdown.

PEOPLE Tuesday, 18 January 2022 11:14

Citi Appoints APAC Head of Global Subsidiaries Group

Citi has announced the appointment of a top corporate banking role overseeing the global subsidiaries group for Asia Pacific.

FINANCE Tuesday, 18 January 2022 09:50

New Credit Suisse Chair's Advance With a «Blemish»

The new chair of Credit Suisse has a long-standing career in finance, but reportedly just one notable blemish. 

FINANCE Tuesday, 18 January 2022 09:46

Axel Lehmann: Credit Suisse Will Improve Culture of Risk-Taking

The Swiss bank's new overseer said he hopes to steer Credit Suisse into calmer waters and homed in on what he views as its biggest challenge.

PEOPLE Tuesday, 18 January 2022 09:32

Baker McKenzie Adds Virtual Asset Specialist

Global law firm Baker McKenzie has hired a virtual asset specialist In response to growing client interest in Asia.

FINANCE Monday, 17 January 2022 22:13

Credit Suisse: Weekend of Talks Leads to Resignation

The Swiss bank deposed its chairman of less than nine months unequivocally. finews.asia on the weekend negotiating that led to António Horta-Osório's departure.

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