Friday, 22 November 2024

FINANCE Monday, 24 April 2023 12:03

J.P. Morgan Launches Wealth Program for Women

New York-headquartered J.P. Morgan Private Bank has partnered with an education platform to launch a wealth management program targeting women in Asia.

FINANCE Monday, 24 April 2023 11:17

Brigitte Kaps: «How CEOs Can Be Honest About Their Companies»

The economy is in crisis mode. Business leaders are going to have to do everything in their power to turn things around. In a piece for finews.first, Brigitte Kaps discusses how they can effectively − and decisively − communicate during a downturn.

FINANCE Monday, 24 April 2023 10:45

Ping An Accuses HSBC of Merely Paying Lip Service

Chinese insurer Ping An accused HSBC of merely paying lip service to calls for an Asia spin-off.

FINANCE Monday, 24 April 2023 09:52

ING Sues ICBC Over Copper Losses

Amsterdam-based ING is reportedly suing China’s ICBC over losses linked to a batch of copper deals.

FINANCE Monday, 24 April 2023 09:07

First CS AT1 Bonds Claim Filed Against Finma

An influential group of Swiss and international investors suffering losses from the write-off of subordinated Credit bonds is taking legal action against Switzerland's financial regulator. It could be the first among a wave of lawsuits.

FINANCE Friday, 21 April 2023 14:56

Finastra: Asia is Top Region for Fintech Tie-Ups

Asia Pacific is the leading region for partnerships between banks and fintech firms, according to a survey by financial software provider Finastra.

FINANCE Friday, 21 April 2023 14:03

EFG is on a Relationship Manager Hiring Binge

It's been a year since Boris Collardi came to EFG International by taking a stake in the firm and joining the board. It is now on a relationship manager hiring spree.

PEOPLE Friday, 21 April 2023 12:14

Goldman Sachs Asia Equities Team Sees More Exits

Goldman Sachs is reportedly being hit by a handful of new departures in its Asia equities team.

FINANCE Friday, 21 April 2023 12:01

Broadridge: JPMAM and Blackrock Tied as Top Fund Firms in China

Global asset managers are capitalizing on the opening of China’s fund industry with J.P. Morgan and Blackrock tied as the top rated players onshore, according to fintech firm Broadridge's rankings.

FINANCE Friday, 21 April 2023 11:48

US Says Money Doesn’t Come First with China

Geopolitics is back, after comments by the US Treasury Secretary overnight that exude confidence while drawing a line in the sand. finews.asia looks at what banks need to worry about. 

PEOPLE Friday, 21 April 2023 10:19

State Street APAC Chief Adds Middle East Role

The Asia Pacific chief executive of State Street will take on an expanded role to oversee the firm’s Middle East business.

FINANCE Friday, 21 April 2023 09:08

Credit Suisse and Softbank Square Off in London

Being taken over by UBS didn't mean the gears in Credit Suisse's legal department stopped turning. The Greensill case still needs to be resolved, and now a lawsuit has been filed in a London court.

FINANCE Friday, 21 April 2023 09:08

Subprime Debacle Catches up With Credit Suisse in Court

Legacy issues from the global financial crisis are keeping Credit Suisse busy. The Swiss bank must defend itself in London over subprime mortgages.

PEOPLE Thursday, 20 April 2023 16:48

Credit Suisse’s APAC Private Markets Head to Exit

The Asia Pacific head of Credit Suisse’s private markets unit is reportedly stepping down after six years with the soon-to-be defunct Swiss lender.

PEOPLE Thursday, 20 April 2023 15:49

Ex-CS Managing Director to Join Deutsche Bank

A former Credit Suisse managing director is reportedly joining Deutsche Bank’s investment banking division in Hong Kong.

FINANCE Thursday, 20 April 2023 14:46

Singapore AT1 Bondholders Eye Litigation Funder

A group of Credit Suisse AT1 bondholders in Singapore seeking to sue Switzerland is reportedly eyeing a litigation funder to support their case.

FINANCE Thursday, 20 April 2023 12:52

Jimmy Lee: Julius Baer's Asset-Liability Committee is «Boring»

Julius Baer’s inability to leverage its balance sheet like rival financial groups that deploy the so-called «one-bank» model has the upside of dodging potential accidents associated with concentration risk, according to Asia Pacific head Jimmy Lee.

FINANCE Thursday, 20 April 2023 10:39

Reports of AT1 Bond Death Are Greatly Exaggerated

The $17 billion of AT1 bonds wiped out by a stroke of the legislative pen to effect the takeover of Credit Suisse by UBS, led to much hand-wringing in the financial markets. Now, a globally systemically important bank has issued a billion dollars worth of them. 

FINANCE Thursday, 20 April 2023 10:34

HSBC: «Both Parties Agreed to Disagree»

In response to Ping An’s breakup call, HSBC has issued a statement of rebuttal to reiterate its position that global connectivity will better serve the bank’s shareholders. 

PEOPLE Thursday, 20 April 2023 09:48

Manulife Appoints C-Suite Duo

Toronto-based Manulife’s Hong Kong unit has announced two appointments at the C-suite level.

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