Friday, 22 November 2024

PEOPLE Monday, 13 March 2023 09:27

Partners Group Adding Asia Expert to Board

The private markets company in Zug is nominating a new board director at its next annual general meeting. 

FINANCE Friday, 10 March 2023 14:57

Atlantic Council: Hong Kong Has Changed Fundamentally

The legal and institutional structure of Hong Kong has changed, according to a report by US think tank Atlantic Council outlining key differences since 2019 and business recommendations, most notably for financial firms.

FINANCE Friday, 10 March 2023 13:39

How Many Control Gaps Does Credit Suisse Have?

Switzerland's second-largest bank delays its annual report disclosure because of last-minute queries from the US securities regulator. finews.asia assesses whether it is further evidence of faulty controls – or not. 

FINANCE Friday, 10 March 2023 13:34

Credit Suisse's New Risk Culture Boomerangs Back On Itself

Did Credit Suisse's zero-tolerance approach related to risk prompt the delay in its annual report? Whatever the case, the step destroyed more market value than any book-keeping detail did.

PEOPLE Friday, 10 March 2023 12:27

Citi Names Commercial Banking Head in India

Citi has announced the appointment of a new head of commercial banking for India.

FINANCE Friday, 10 March 2023 12:13

Roger Ng Sentenced to 10 Years Prison

Former Goldman Sachs banker Roger Ng has been sentenced to 10 years in prison over his role in the 1MDB scandal.

FINANCE Friday, 10 March 2023 11:08

Perth Mint: A Gold Doping Scandal Unravels

Australia's Perth Mint has been hit with a media report claiming that it sold doped gold to China and could face a recall of up to 100 tons. Both the buyer and seller deny any foul play. 

FINANCE Friday, 10 March 2023 09:58

Credit Suisse Shrinks Investment Banking Unit in Japan

Troubled Swiss lender Credit Suisse has reportedly cut most of the headcount in its Japanese investment banking division.

FINANCE Thursday, 9 March 2023 17:16

UBS: Women More Interested in Alts Advisory Than Men

Relative to men, women were more interested in receiving advice around illiquid assets as part of legacy planning, according to a UBS report on female wealth owners. 

FINANCE Thursday, 9 March 2023 15:58

Broadridge: China Dominates Digital Fund Distribution

Fund distribution via digital channels is on the rise in Asia Pacific, according to a Broadridge report, with China and its tech-savvy investors dominating the space.

FINANCE Thursday, 9 March 2023 14:57

Credit Suisse: SEC Call Holds Up Annual Report

Nothing seems to be going right for Switzerland's second-largest bank. Not even the publication of its annual report is straightforward.

FINANCE Thursday, 9 March 2023 12:02

DBS CEO Receives Pay Bump

The group chief of DBS received a salary bump in a challenging 2022 that saw the Singapore lender register record income.

PEOPLE Thursday, 9 March 2023 11:27

Natixis IM Nets Equity Portfolio Manager in Singapore

A former Credit Suisse Asset Management executive has joined Natixis Investment Managers as its head of equity investments in Singapore. 

PEOPLE Thursday, 9 March 2023 11:12

Credit Suisse Names Investment Consulting Duo

Credit Suisse’s wealth management unit has appointed a duo of investment consultants for Southeast Asia, finews.asia has learned.

FINANCE Thursday, 9 March 2023 09:24

Singlife Revamps Investment Capabilities

Singapore insurer Singlife has revamped its investment capabilities via a partnership with Citi and Blackrock.

FINANCE Wednesday, 8 March 2023 16:48

China Reorganizes Regulatory Bodies

The Chinese government has overhauled its regulatory regime with a new, enlarged body that will take away some duties from the central bank.

FINANCE Wednesday, 8 March 2023 15:28

Local Tycoons Join Hong Kong Family Office Summit

A number of renowned figures, including local tycoons, are reportedly expected to join Hong Kong’s upcoming family office summit this month.

FINANCE Wednesday, 8 March 2023 13:54

China Green Lights Credit Suisse’s Wealth Business

Troubled Swiss lender Credit Suisse has received regulatory approval to launch its onshore wealth management business in mainland China.

PEOPLE Wednesday, 8 March 2023 12:17

Int'l Women's Day: Asia's Most Influential Private Bankers

In celebration of International Women's Day on March 8, finews.asia takes a look at some of the most influential names in the region's private banking industry – a business renowned for the prevalence of female leaders.

FINANCE Wednesday, 8 March 2023 11:59

HSBC Responds to Mark Mobius’ China Claims

In response to billionaire investor Mark Mobius’ claims about remittance curbs, HSBC said it received no such request from regulators. 

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