Following Credit Suisse’s acquisition, existing clients, particularly from the wealth unit, will have to think long and hard about whether they should stay with the newly enlarged UBS or move on. finews.asia takes a look at some of the potential beneficiaries of...
Natixis Corporate & Investment Banking has hired a former Standard Chartered executive to lead coverage in India.
A Chinese blockchain entrepreneur wanted to transform Credit Suisse into a crypto-friendly bank. He offered $1.5 billion on Twitter to acquire the troubled Swiss bank.
Singaporean insurer Great Eastern has announced the appointment of a new chairman.
Credit Suisse's largest shareholder suffered a loss of around 80 percent on its investment. However, Saudi National Bank intends to stick to its broader strategy.
It’s not just shareholders and employees who are hard hit by Credit Suisse's rescue takeover by UBS, bondholders with 16 billion Swiss francs worth in debt are also bearing the brunt.
Credit Suisse's considerable legal risks are being transferred to its new parent company UBS. The buyer inherits these as part of an overall package.
Private bank Julius Baer shrunk its CEO's compensation by around half a million francs in 2022, as it slightly reduced compensation for all ten members of the executive board.
Deloitte’s China unit has been fined by the country’s finance ministry over failures related to its audit work with bad debt manager China Huarong Asset Management.
Last summer, amateur rally driver Ulrich Koerner took the wheel at Credit Suisse. He won't get the checkered flag for the restructuring plans the CEO set for the bank through 2025.
Liechtenstein-based LGT Bank boosted profits and saw strong growth in new money from clients.
High net worth wealth tied to technology, notably in Asia, will be hit the hardest by the ongoing banking crisis in the US, according to GlobalData.
The bank's takeover of Credit Suisse is really a forced merger. Although both it and the government have done their best to shortcut future risks, it is now far more exposed to the threats of the current, volatile environment.
The end of Credit Suisse is a Swiss tragedy, yet self-inflicted and damaging to the reputation of Switzerland as a country and a financial center, finance expert Beat Wittmann writes in his guest post for finews.asia.
Troubled Swiss lender Credit Suisse will go ahead with its Hong Kong-based investment conference with some revisions to the agenda, including the host of the event.
Promises on bonuses and pay hikes will be kept, according to troubled Swiss lender Credit Suisse which is facing uncertainty following its acquisition by UBS.
The Monetary Authority of Singapore said that Credit Suisse’s operations in the city-state will remain uninterrupted following the UBS acquisition.
Blackrock has hired a former Goldman Sachs executive to bolster its passive business in Asia.
Hong Kong’s regulators issued statements of reassurance over worries about Credit Suisse and its post-acquisition state.
UBS is taking over Credit Suisse in what amounts to an arranged marriage. But it gains a hefty dowry.
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