Credit Suisse releases its full-year financial figures following a delay prompted by a notice from the SEC. It still has homework to do.
There will no bonuses for Credit Suisse's executive board this year. At the same time, the bonus pool for employees is cut in half.
Singapore continues to lure wealthy families from various markets, including Taiwan due to rising geopolitical tensions.
Hong Kong-based Goldwater International has launched a one-stop wealth management service to target high net worth individuals.
Market specialists refrain from setting downward limits on the bank's market valuation as its shares go from one record low to another.
Credit Suisse strengthens its coverage of the non-resident India market with the hire of a former Julius Baer banker, finews.asia has learned.
Tripping over what seems like a relatively minor restatement shows an inability to prioritize or assess risks accurately, finews.asia editor Andrew Isbester writes in a comment.
Singapore-based digital wealth platform Endowus has hired a former family office investment strategist to join the firm.
The Monetary Authority of Singapore has issued a statement about the city-state’s financial health in light of the recent closure of Silicon Valley Bank and others US lenders.
The operational head and CFO of China Construction Bank's Swiss branch has left. The Swiss industry veteran was a co-architect of the Chinese institution's arrival on the local financial scene.
After Credit Suisse fell victim to a social media storm last fall, a new one is brewing which is now generating chatter about another Lehman moment. Industry and regulators alike appear powerless to stop it.
Korea's financial regulator has fined UBS for allegedly violating short-selling rules. Other financial firms are under investigation.
Comments made in December by Credit Suisse's Chairman that client outflows had stopped drew the attention of the Swiss financial regulator. It has issued its decision.
Following a weekend auction, HSBC has emerged as the buyer of Silicon Valley Bank’s UK arm.
A former private banker in Asia has been appointed as the head of Indosuez subsidiary and digital service provider Azqore.
A Hong Kong-listed biotech firm has been hit by the Silicon Valley Bank collapse and the local regulator is keeping a close watch on ongoing developments.
Credit Suisse’s Australia wealth business delivered higher revenue in 2022, its head Michael Marr told finews.asia, driven in part by strong demand for alternatives.
Fintech entrants have disrupted the incumbents’ traditional models but struggle to attract profitable customers and manage the regulatory complexity effectively. Both sides need to work together to make the change and growth agenda a reality, Joerg Ruetschi...
Asia is casting a watchful eye over the fallout from California-based Silicon Valley Bank’s collapse, including in China where the tech-focused lender has a joint venture.
The brain drain continues at Switzerland’s troubled bank. Now a senior compliance manager, who has been with the bank for over 17 years is also headed for the door.
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