Friday, 22 November 2024

FINANCE Friday, 14 April 2023 09:03

Julius Baer Chairman Resets Firm on Acquisition Course

In recent years, the Zurich-based private bank Julius Baer has been feeling the consequences of the impetuous growth of the Boris Collardi era. But chairman Romeo Lacher does not see the bank on the defensive.

FINANCE Thursday, 13 April 2023 16:53

At Investment Managers, The Lowly Fax Outshines AI and Fintech

The current frenzy over Chat GTP, AI Bots, and the latest state-of-the-art tech overlooks the fact that a broad swathe of finance still relies on antique tools and outdated systems. finews.asia takes a look. 

PEOPLE Thursday, 13 April 2023 15:00

Payments Firm Nium Names Regional GM

Singapore-headquartered payments firm Nium has announced the appointment of a general manager for Asia Pacific.

FINANCE Thursday, 13 April 2023 14:42

EY Turns Back From the Summit of «Project Everest»

The final summit assault proved too steep for EY's «Project Everest» by which the firm wanted to split its auditing and consulting businesses, after internal squabbles.

PEOPLE Thursday, 13 April 2023 13:50

Julius Baer Appoints Head of Southeast Asia

Zurich-based pure-play Julius Baer has announced the appointment of a new head of Southeast Asia.

FINANCE Thursday, 13 April 2023 12:27

Janus Henderson Singapore CEO: «So Much Upside for Delegation»

Following a challenging year for markets in 2022, there is a strong opportunity for asset managers to capitalize on sidelined cash in 2023, Janus Henderson’s Andrew Hendry told finews.asia.

PEOPLE Thursday, 13 April 2023 12:19

Knight Frank Sets Up Private Office in Hong Kong

Real estate specialist Knight Frank has expanded its private office to Hong Kong and named the first Chinese Formula 1 driver in history to lead the unit.

FINANCE Thursday, 13 April 2023 11:29

More Assets Recovered at FTX

Asset recovery at FTX is on the rise, especially in light of recent crypto price increases, and considerations are now being made for a possible restart of the bankruptcy crypto exchange.

FINANCE Thursday, 13 April 2023 09:53

Shadow Boxing in Swiss Parliament

In the Swiss parliament, the many emotions surrounding the collapse of Credit Suisse are being voiced in the name of the people. finews.asia takes a look at far more important issues at stake.

FINANCE Thursday, 13 April 2023 09:05

UBS May Retain Credit Suisse's India Wealth Unit

To take advantage of the growing number of billionaires in India, the head of UBS's global wealth management said it will likely keep Credit Suisse's unit that serves wealthy clients there. 

FINANCE Thursday, 13 April 2023 09:05

Credit Suisse and SEC Sparred for Months Over Reporting Errors

In the dispute over misstatements in Credit Suisse's annual report, the US Securities and Exchange Commission bared its teeth. The details of the sparring match are now public.

FINANCE Wednesday, 12 April 2023 15:49

Goldman Launches Transaction Banking in Japan

Goldman Sachs is expanding its transaction banking business with the launch of its services in Japan through its Tokyo branch.

FINANCE Wednesday, 12 April 2023 14:53

Tokio Marine Adds C-Suite Duo in Singapore

Japanese insurer Tokio Marine has announced the appointment of two C-suite executives for its Singapore unit. 

FINANCE Wednesday, 12 April 2023 14:52

How the Swiss Parliament Deludes Itself Over Credit Suisse

Due to Credit Suisse's failure, Swiss parliamentarians are demanding, among other things, more robust capital buffers. But even the strictest capital ratios in the world won't eliminate banking crises.

PEOPLE Wednesday, 12 April 2023 12:59

Lumen Capital Nabs Industry Veteran

Singapore-based independent asset manager Lumen Capital hires an industry vet with over thirty years of wealth management experience across Asia Pacific and the Middle East, finews.asia has learned.

PEOPLE Wednesday, 12 April 2023 12:31

Farro Capital Hires Senior Advisor

Singapore-based multi-family office Farro Capital has appointed a 27-year financial veteran as a senior advisor to strengthen its corporate and investment banking capabilities.

PEOPLE Wednesday, 12 April 2023 11:48

Ex-Credit Suisse Investment Banker Joins Macquarie

Credit Suisse's head of investment banking and capital markets for Australia has reportedly left and rejoined Macquarie. 

FINANCE Wednesday, 12 April 2023 11:07

Bybit Readies Dubai HQ Opening

Crypto exchange Bybit will open its new global headquarters in Dubai this month, following relocation from Singapore.

FINANCE Wednesday, 12 April 2023 10:30

JPMorgan: «Very Attractive» Returns from CS Takeover

Credit Suisse was acquired at a bargain price by UBS, according to JPMorgan, which could result in potentially «very attractive» returns for the enlarged Swiss wealth manager.

FINANCE Wednesday, 12 April 2023 09:45

«Sun King» Edouard Carmignac Isn't Afraid of AT1 Bonds

The surprise forced wipeout of Credit Suisse's mandatory convertible bonds shocked investors worldwide. But Carmignac, the well-known French asset manager, is unfazed.

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