Wednesday, 20 November 2024

FINANCE Monday, 4 October 2021 12:57

Credit Suisse Scrambles Towards November Deadline

Time is running out for António Horta-Osório to make crucial decisions for his strategy due next month. His demonstrative allegiance to the CEO is holding up the process and causing tension within the bank.

FINANCE Sunday, 3 October 2021 14:26

Police Search Credit Suisse Offices Over Greensill

The police searched Credit Suisse's offices in Zurich last week, confiscating documents related to Greensill Capital.

FINANCE Friday, 1 October 2021 15:53

Independent Reserve's Raks Sondhi: «Now the Marathon Begins»

The Australia-based crypto exchange announced on Friday that it received a full license to provide digital payment token (DPT) services in Singapore, and has big plans for growth.

FINANCE Friday, 1 October 2021 14:20

Payments Firm Partior Hires Industry Veterans as CEO

The pair will drive the disruption of traditional cross-border payments at the blockchain-based clearing and settlement technology platform.

FINANCE Friday, 1 October 2021 12:06

DBS Vickers Wins Crypto License

The brokerage arm of Singapore lender DBS will be able to provide asset managers and institutional investors access to products and solutions offered by the DBS Digital Exchange (DDEx).

FINANCE Friday, 1 October 2021 11:47

Credit Suisse Tips Two Stand-ins for Auditing Job

Swiss bank Credit Suisse named two executives to stand in for its long-time chief auditor, who is joining top management. It is the latest in a series of changes following several painful blow-ups.

PEOPLE Friday, 1 October 2021 10:52

Temasek Begins New Era as Ho Ching Steps Down

The Singapore state investor's new CEO, Dilhan Pillay Sandrasegara, was announced in February.

FINANCE Friday, 1 October 2021 09:26

Devyani Daga: «How Family Offices Make an Impact with ESG»

Sustainability and environmental, social and governance (ESG) goals does not mean needing to sacrifice return. Family offices can make an impact while still fulfilling their investment goals, argues Cambridge Associates' Devyani Daga, in an exclusive op-ed.

FINANCE Thursday, 30 September 2021 17:02

RHB Opens Wealth Management Hub in Singapore

The Malaysian lender is opening its flagship branch, which will serve its Premier Banking clients with a comprehensive portfolio of wealth management solutions. 

PEOPLE Thursday, 30 September 2021 16:30

Institutional Firms Join InvestaX in PoC to Tokenize Singapore VCC

The proof-of-concept, led by InvestaX, UBS, State Street and CMS, examined the technological, legal, and practical feasibility of tokenizing the Singapore Variable Capital Company (VCC) using a blockchain-native structure.

PEOPLE Thursday, 30 September 2021 15:19

Morgan Stanley's China CEO Retires

Morgan Stanley’s chief executive of China will reportedly retire after nearly two decades with the American lender.

FINANCE Thursday, 30 September 2021 12:56

Swiss Banking's Unending U.S. Tax Nightmare

The six indictments in a Swiss-Singapore scheme show the tax crackdown is not over, raising questions as to who is next.

FINANCE Thursday, 30 September 2021 12:36

Temasek and HSBC Launch Platform for Sustainable Infrastructure

The platform will provide debt financing for projects in Asia, with an initial focus on Southeast Asia, as part of efforts to reduce climate change.

FINANCE Thursday, 30 September 2021 11:46

Evergrande Prophet: Who is Andrew Left?

Andrew Left, founder and chief executive of Citron Research, will be legally allowed to re-enter Hong Kong’s financial industry next month after he was first banned five years ago for predicting Evergrande’s downfall.

PEOPLE Thursday, 30 September 2021 10:10

HSBC Hires Digital Platforms Specialist in Singapore

The bank said the newly created role will help one of its key pillars of embedding its solutions into the digital platforms that its clients are adopting.

FINANCE Wednesday, 29 September 2021 19:56

Top Ihag Executive Steps Aside After U.S. Charges

A top executive of the Swiss bank’s holding stepped down after a U.S. indictment against him was unsealed. The bank views itself as shielded from prosecution by a 2015 penalty deal.

PEOPLE Wednesday, 29 September 2021 15:35

Multi-Family Office Makes Senior Hire to Drive APAC Growth

He brings over 25 years of experience in the financial services industry, 10 years of which he spent in Hong Kong in leading family office and investment advisory businesses. 

FINANCE Wednesday, 29 September 2021 15:29

Asset Buyers Emerge for China Evergrande

A handful of prospective buyers of China Evergrande’s assets have reportedly emerged in the mainland, as the troubled property developer faces another payment deadline today for a $47.5 million offshore coupon.

FINANCE Wednesday, 29 September 2021 13:22

Taiwan's CTBC Bank Taps Avaloq for Private Banking Platform

CTBC Bank will implement Avaloq’s core banking solution internationally, starting from its business units in Hong Kong and Singapore.

FINANCE Wednesday, 29 September 2021 12:53

UBS Creates ESG Role in Investment Bank

The Swiss bank appoints one of its investment bankers to a key sustainability role. 

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