Wednesday, 20 November 2024

FINANCE Monday, 27 September 2021 10:17

Gregoire Bordier: «No Green Finance Without a Green Economy»

Accusations of greenwashing have been growing lately. After targeting the two largest banks and even the Swiss National Bank, activists have been acting mystery shoppers in search of green products, and they have been disappointed. This can be explained, Gregoire...

FINANCE Sunday, 26 September 2021 01:15

Evergrande Was Credit Suisse «One-Bank» Client

The Swiss bank reportedly went «one-bank» on Evergrande as well as its billionaire chairman, while UBS is shouldering bond exposure. 

PEOPLE Friday, 24 September 2021 21:22

Credit Suisse CEO Enjoys Chairman's Backing

Given his task of saving Credit Suisse, António Horta-Osório is this year’s most important banker, Bilanz says after speaking to the chair about his work at the Swiss lender.

FINANCE Friday, 24 September 2021 17:07

Cici Lu: «Crypto is an Asymmetrical Return Opportunity»

Digital assets are playing an increasingly important role in institutional portfolios through diversification and exposure to technological innovation, Cici Lu from Apollo Capital told finews.asia.

PEOPLE Friday, 24 September 2021 16:11

Mox Hires Ex-ING Banker as CEO

Hong Kong virtual bank Mox has hired a former ING banker as its chief executive.

FINANCE Friday, 24 September 2021 14:53

Evergrande: Ex-PBoC Advisor Calls Four-Way Split

A former advisor to the Chinese central bank made comments about organizational restructuring at China Evergrande, with plans to split the parent group into four units.

FINANCE Friday, 24 September 2021 12:20

End of an Era for UBS Legal Veteran

Although Markus Diethelm left an indelible stamp on the «new» post-2008 UBS, he departs with unfinished business.

FINANCE Friday, 24 September 2021 11:47

Crypto Exchange FTX Quits Hong Kong

The digital assets derivatives exchange has moved its headquarters to Nassau, the Bahamas, citing friendlier regulation and no mandatory quarantine upon arrival in-country.

FINANCE Friday, 24 September 2021 11:27

China Evergrande: Dollar Bondholders in Limbo

Uncertainty is rapidly on the rise for China Evergrande which has been silent on an offshore bond coupon due yesterday with mixed reports about the prospects of payment.

FINANCE Friday, 24 September 2021 10:58

Hong Kong's FWD Files U.S. IPO

FWD Group, the insurance arm of Hong Kong tycoon Richard Li's investment conglomerate Pacific Century Group, has filed to go public in the U.S.

FINANCE Thursday, 23 September 2021 19:14

Evergrande Pops Up in Credit Suisse Funds Arm

The Swiss bank didn’t lend to Evergrande but investors in its funds may face losses linked to the troubled Chinese real estate firm – and to the wider sector.

FINANCE Thursday, 23 September 2021 17:38

Securities Token Exchange InvestaX Debuts on MAS Sandbox

The Singapore-headquartered online investment and trading platform for digital securities (DSO) and security tokens (STO) is targeting the $8 trillion tokenization of private markets.

FINANCE Thursday, 23 September 2021 15:15

HSBC on Evergrande: «Potential for Second and Third-Order Impact»

HSBC chief executive Noel Quinn expressed concerns about the ongoing Evergrande crisis, highlighting the potential for ripples to be felt in asset markets.

FINANCE Thursday, 23 September 2021 13:05

B2B Payments Firm Spenmo Receives Funding for Regional Build-Out

The Singapore-based startup has secured one of the largest Series A funding rounds to date in the country, which will allow it to expand in Southeast Asia. 

FINANCE Thursday, 23 September 2021 11:33

IMF Board Meet Over China Data Rigging Scandal

The International Monetary Fund’s board of directors met earlier this week over charges that director and ex-World Bank chief executive Kristalina Georgieva pressured staff to make methodology changes to favor China in a 2017 report.

FINANCE Thursday, 23 September 2021 11:20

U.S. Banks Expected to Dodge Evergrande Crisis

Major American lenders are expected to be safe from any Evergrande fallout due to reportedly limited exposure to the troubled Chinese property giant.

FINANCE Thursday, 23 September 2021 11:00

Amundi's Joevin Teo: «Investors Should Be Vigilant»

There are still opportunities for returns in the current economic environment, according to the French asset manager's head of investments in Singapore.

FINANCE Thursday, 23 September 2021 10:52

UBS Warned Wealthy Clients Over Evergrande

UBS has not said how much of Evergrande’s debt it holds. Although the Swiss bank appears to have warned its wealthy clients about the housing developer’s risk, the alarm bell didn't ring through to other businesses.  

FINANCE Wednesday, 22 September 2021 17:51

Credit Suisse Mulls Asian Investment Bank Consolidation

The move is part of a wider overhaul by chairman Antonio Horta-Osorio to turn around the troubled bank.

FINANCE Wednesday, 22 September 2021 17:28

Mobile Wallet YouTrip to Double Local Workforce

The company will be adding over 50 new hires in Singapore across engineering and product development by 2022.

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