Friday, 22 November 2024

FINANCE Tuesday, 28 March 2023 14:41

Malaysian Firm Buys Deutsche Bank London HQ

Deutsche Bank’s current London headquarters has been sold to Malaysian construction firm Gamuda.

FINANCE Tuesday, 28 March 2023 13:56

Insecurity Spreading Among UBS Bankers

Credit Suisse employees are not alone in fearing for their jobs. UBS bankers are also in for a rude awakening. In an acquisition, at least a third of the acquired company's staff keep their jobs. This is causing increasing uncertainty among the rank and file...

FINANCE Tuesday, 28 March 2023 12:24

Julius Baer: Risk Concerns Are Driving Single Family Office Demand

Increasing concerns about risk, coupled with the desire for control, are driving demand amongst the ultra-rich to opt for single-family offices over multi-family offices, according to Julius Baer’s Singapore head of wealth planning Kevin Tay.

FINANCE Tuesday, 28 March 2023 11:54

Moonfare: Credit Suisse Fallout is Creating Opportunities

Private equity platform Moonfare is rapidly growing its client base in Asia and the Credit Suisse fallout has been creating even more new opportunities, according to the firm’s regional head of partnerships Kit Toh.

FINANCE Tuesday, 28 March 2023 10:26

ANZ CEO: Banking Troubles Could Trigger Financial Crisis

The chief executive of Australian and New Zealand Banking Group spoke about the potential for a financial crisis to be triggered by ongoing instability in the global banking system.

FINANCE Tuesday, 28 March 2023 09:52

Credit Agricole Launches Onshore China Unit

Paris-based Credit Agricole has launched a new unit in mainland China focused on M&A and investment banking.

FINANCE Tuesday, 28 March 2023 09:21

Swiss Financial Center is Facing a Crisis of Conscience

Where oh where are the bankers who loudly boast about the superiority of Switzerland's financial center? The takeover of Credit Suisse by UBS not only left the banking market in turmoil, but there is also talk of tremors, catastrophe, and a new «monster bank.»

FINANCE Monday, 27 March 2023 22:13

VP Bank Expands its Executive Management

Liechtenstein-based VP bank announces changes to its group executive management and a departure.

FINANCE Monday, 27 March 2023 22:10

Serge Fehr is Making Credit Suisse Nervous. Again.

Credit Suisse's former head of Swiss private banking is moving to Geneva-based rival Lombard Odier. Will Serge Fehr unleash a «Collardi effect» there?

FINANCE Monday, 27 March 2023 22:08

Barclay's Rahim Daya: «Clients Aren’t Asking Questions About Switzerland»

Rahim Daya oversees Barclays wealth management in Switzerland and the Middle East. He gives finews.tv insight into how his clients feel about the failure of Switzerland’s second-largest bank.

FINANCE Monday, 27 March 2023 18:33

Singapore and Hong Kong Hold Hub Rankings

Singapore and Hong Kong maintained their positions as leading financial centers, according to an index based on rankings of hubs throughout the world.

FINANCE Monday, 27 March 2023 17:19

HSBC Brings Art Finance to Asia

To capitalize on Asia's growing interest in assets of passion, such as art, HSBC has recently introduced a new alternative financing solution to the region.

FINANCE Monday, 27 March 2023 17:14

Saudi National Bank Chairman Out After Credit Suisse Sell-Off

Following his comments that led to a massive sell-off in Credit Suisse stocks, the Chairman of its largest shareholder has resigned.

PEOPLE Monday, 27 March 2023 15:35

Hurun: China’s Billionaire Population Drops

Rising interest rates, US dollar strengthening, the tech bubble and the Russia-Ukraine war all contributed to a drop in China’s billionaire population in 2022, according to a Hurun report.

FINANCE Monday, 27 March 2023 15:01

Finma Chair Accuses Credit Suisse of Lacking Cooperation

The chair of Switzerland's financial regulator accused Credit Suisse executives of half-hearted cooperation and now wants to hold them accountable.

FINANCE Monday, 27 March 2023 14:43

Roger Ng Ordered to Forfeit 1MDB-Linked Gains

Ex-Goldman Sachs banker Roger Ng has been ordered by a US judge to forfeit tens of millions of dollars in relation to the 1MDB scandal.

FINANCE Monday, 27 March 2023 12:32

State Banks Eye Crypto Opportunity in Hong Kong

China’s state-owned lenders are the latest players that are reportedly seeking to capitalize on the crypto opportunity in Hong Kong.

PEOPLE Monday, 27 March 2023 12:09

EFG Expands Front Office in Asia

Zurich-headquartered EFG has expanded its front office in Asia with the hire of eight new private bankers coming from Credit Suisse, Bank of Singapore and more.

FINANCE Monday, 27 March 2023 10:00

StanChart to Sell Jordanian Business

Standard Chartered has entered an agreement to sell its business in Jordan as part of broader plans to exit seven markets in Africa and the Middle East.

FINANCE Monday, 27 March 2023 09:45

UBS and CS in Crosshairs of DOJ Russia Sanctions Probe

US authorities are investigating several banks in connection to sanctions against Russia. Credit Suisse and UBS are among them.

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