Wednesday, 20 November 2024

FINANCE Tuesday, 14 December 2021 19:41

UBS Faces Tough Decision After Ruling

A French court's ruling over money laundering in France puts UBS in front of a fundamental decision.

PEOPLE Tuesday, 14 December 2021 16:58

Eastspring Hires Head of Sustainability

Prudential’s Asia asset management arm Eastspring has hired for the newly created role of sustainability head.

PEOPLE Tuesday, 14 December 2021 16:54

U.S., U.K., Added to Hong Kong’s List for Highest Covid Risk

Travelers from the U.S. and the U.K. entering Hong Kong will be reportedly required to go through the strictest quarantine process – in what is already considered one the most restrictive regimes overall – in the wake of the new omicron variant outbreak.

PEOPLE Tuesday, 14 December 2021 16:11

SocGen Names APAC Chief

Societe Generale has appointed a new chief executive for Asia Pacific, succeeding Gaëlle Olivier.

FINANCE Tuesday, 14 December 2021 12:37

Could Credit Suisse Bring Back Disciplined «One-Bank» Business?

Credit Suisse will continue betting on the «one-bank» model with hopes that a renewed cultural focus on risk management could help avoid the same blunders experienced in recent years. Could the hire of Francesco De Ferrari bring back disciplined cross-divisional...

FINANCE Tuesday, 14 December 2021 03:37

Greensill: Credit Suisse Makes Another Payment

Switzerland's second-biggest bank will make another payment to investors in the now-defunct Greensill supply chain finance funds.

FINANCE Tuesday, 14 December 2021 03:37

UBS «Wins» Lower French Criminal Fine

A French court rejected UBS' appeal of a criminal conviction nearly three years ago over tax evasion and money laundering. The Swiss bank's fine was lowered to $2 billion.

FINANCE Tuesday, 14 December 2021 03:37

Credit Suisse Chair Apologizes to Employees

The chair of Switzerland’s second-biggest bank is ending the year on an apologetic note.

FINANCE Tuesday, 14 December 2021 03:37

Credit Suisse Expands Blockchain Expert's Remit

The Swiss bank is entrusting a high-profile investment banker turned blockchain pioneer with new technology and digitization remit on its board.

PEOPLE Monday, 13 December 2021 16:47

Endowus Expands With New Head of PR

Singapore-based digital wealth platform Endowus continues its expansion with the latest hire of a public relations head. 

PEOPLE Monday, 13 December 2021 14:35

Sidley Austin Hires China Corporate and Finance Partner

Global law firm Sidley Austin has appointed a new China corporate and finance partner, formerly from Freshfields Brockhaus Derginer.

FINANCE Monday, 13 December 2021 14:11

Credit Suisse Names Asia Vet as Head of Wealth Unit

The Swiss bank is tapping its former chief in Asia to run its newly-merged wealth management unit. Its chief of sustainability is exiting.

FINANCE Monday, 13 December 2021 11:23

Binance Makes Singapore Retreat

Binance has withdrawn an application for a Singapore crypto permit via a local unit, marking an end to its pursuit to be a licensed bourse in the city-state.

FINANCE Monday, 13 December 2021 11:18

Abu Dhabi State Fund Bullish on Crypto Infrastructure

Abu Dhabi state fund Mubadala said that it was not a crypto skeptic with optimism on investments in related infrastructure. 

FINANCE Monday, 13 December 2021 10:39

Washington Hits HKEX With SenseTime Blacklisting

The Hong Kong Exchanges and Clearing is set to face even more headwinds, in addition to a Chinese regulatory crackdown, with the latest blacklisting of artificial intelligence firm SenseTime for its alleged enablement of human rights abuses against Muslim Uighurs...

FINANCE Sunday, 12 December 2021 13:58

Swissquote To Launch Crypto Exchange

Switzerland's largest online bank is riding the crypto wave. Swissquote's ambitions include setting up its own trading platform for digital currencies, sales manager Jan De Schepper tells finews.asia.

FINANCE Sunday, 12 December 2021 02:17

UBS Extends Partnership With Private Equity Fintech

Switzerland's largest lender is expanding its partnership with the iCapital Network platform to serve wealthy clients in Switzerland and Asia.

FINANCE Saturday, 11 December 2021 01:08

Court Oders Santander to Pay Ex-UBS Banker Millions

A Spanish court has ordered Santander to pay ex-UBS banker Andrea Orcel millions of euros after it pulled back a job offer in a disagreement over his pay package.

FINANCE Saturday, 11 December 2021 01:05

Credit Suisse Chair's COVID Snafu Raises Questions

After António Horta-Osório apologized for breaking quarantine rules, questions remain over the Swiss bank overseer's handling of the matter.

FINANCE Saturday, 11 December 2021 00:57

António Horta-Osório Butchers the Optics

Credit Suisse's chairman is doing untold damage to his credibility – against the backdrop of urgency at the embattled Swiss bank, senior contributor Katharina Bart writes.

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