Friday, 22 November 2024

FINANCE Wednesday, 5 April 2023 17:24

UBS Chairman Colm Kelleher: «Now Comes the Hard Part»

Folding Credit Suisse into UBS is not the end of the sustainability and digitalization efforts close to the heart of outgoing CEO Ralph Hamers. 

PEOPLE Wednesday, 5 April 2023 15:48

It Was Me, Ralph

Today's UBS annual general meeting is the last for CEO Ralph Hamers. With his departure, the bank loses a boss whose management style pointed to the future, and one who knows more about corporate transactions than Sergio Ermotti.

FINANCE Wednesday, 5 April 2023 15:28

Are There Enough Quality Ventures to Invest in Singapore?

Singapore’s new requirements for the Global Investment Programme aim to raise money for the local market. But are there sufficient targets around?

PEOPLE Wednesday, 5 April 2023 15:25

Credit Suisse’s Southeast Asia M&A Head Joins Deutsche Bank

A former Credit Suisse M&A expert starts at Deutsche Bank in the next few months.

FINANCE Wednesday, 5 April 2023 12:07

Vontobel Terminates Business with Clients Residing in Russia

During its general meeting of shareholders, Swiss-based investment house Vontobel said that it decided to terminate business with clients in Russia.

FINANCE Wednesday, 5 April 2023 09:55

Credit Suisse Collapse May Put Singapore in the Spotlight

The collapse of Swiss bank Credit Suisse has shaken global wealth investors, with some experts saying it had affected Switzerland’s reputation as a safe place to invest.

FINANCE Wednesday, 5 April 2023 09:28

Peter V. Kunz: «Credit Suisse Can Also Be Seen As a Victim»

After its final annual general meeting, Credit Suisse is likely to face several lawsuits. But the financial market supervisory authority also faces accusations of failure, explains business lawyer Peter V. Kunz in an interview with finews.asia.

FINANCE Wednesday, 5 April 2023 09:23

UBS Takes Another Step Forward with Blockchain

UBS has taken another step in the digital world. The Swiss bank completed its first cross-border intraday repo deal via blockchain.

FINANCE Tuesday, 4 April 2023 19:55

Axel Lehmann Working With UBS on Best Employee Solutions

Chairman Axel Lehmann and Credit Suisse's top management are in close contact with UBS management on the future of Credit Suisse employees. He said he understands how difficult the situation is.

FINANCE Tuesday, 4 April 2023 17:25

Ulrich Koerner: «A Matter of Deep Personal Regret»

The one-two punch of massive client outflows and the loss of confidence in the global financial industry proved too much for Credit Suisse to overcome. 

FINANCE Tuesday, 4 April 2023 16:42

Axel Lehmann: «We Failed. It Was Too Late»

In an emotional speech at Credit Suisse's last annual general meeting, chairman Axel Lehmann displayed a surprisingly high degree of self-criticism. He spoke of being caught off guard, pain, bitterness, accumulated scandals, and the grief that remains.

PEOPLE Tuesday, 4 April 2023 15:36

JLL Hires Capital Markets Head

The investment service firm expands its footprint in Japan as a way of taking advantage of opportunities in the domestic real estate industry.

PEOPLE Tuesday, 4 April 2023 12:26

Credit Suisse’s Southeast Asia M&A Head Quits

The Swiss bank's Southeast Asian head of merger and acquisitions is said to be leaving the bank.

FINANCE Tuesday, 4 April 2023 12:24

Taking the «Suisse» out of Swissness

Some of Switzerland’s independent wealth advisors are doing all they can to uphold the industry’s reputation among their foreign clients seeking assurance the country is still a safe place to keep their money after Credit Suisse's demise last month.

PEOPLE Tuesday, 4 April 2023 12:16

CapitaLand Appoints Senior Managers in Japan and China

With this step, the Singapore-based real estate investment manager intends to further expand its regional footprint.

FINANCE Tuesday, 4 April 2023 11:59

StanChart Benefits from Significant Shifts in Private Banking

The current banking crisis and continued asset inflows to Singapore and Hong Kong will potentially remodel the regional wealth management market.

FINANCE Tuesday, 4 April 2023 10:39

Natixis CIB Opens Seoul Branch

Having been based in Korea since 1999, the French-based institution has now decided to launch a securities branch in the capital.

FINANCE Tuesday, 4 April 2023 10:27

HSBC Keeps Saying No to Asia

The top leaders of the British-based bank meet shareholders – again – and ask them to reject proposals it should revert to being a regional pure play. 

FINANCE Monday, 3 April 2023 21:23

Julius Baer Woos Credit Suisse Employees

Zurich-based private bank Julius Baer could be a major beneficiary of Credit Suisse's emergency rescue. CEO Philipp Rickenbacher is very clear about that.

FINANCE Monday, 3 April 2023 20:33

Sergio Ermotti Faces Possible Salary Cap

Sergio Ermotti's pay is prompting debate before takes over as CEO on Wednesday at UBS's AGM. The question is whether the bank can still hand out bonuses with any freedom.

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