At least two US law firms are investigating securities fraud claims against Credit Suisse and recent comments from Chairman Axel Lehmann that clients had stopped withdrawing funds from the firm.
Credit Suisse investment banking head Michael Klein is expected to lay out the plans for CS First Boston at a meeting of bankers this week.
The chairman of boutique investment bank China Renaissance has resurfaced and is found to be assisting Chinese authorities in a probe, according to a filing.
Ex-Goldman Sachs banker Roger Ng is reportedly seeking leniency in the 1MDB case, hoping to minimize his time in prison.
For years, no standing board chair has managed to stop the rot at Switzerland's second-largest bank. Why is that?
Singapore-based digital asset platform Metacomp has hired a banking veteran in North Asia as its chief financial officer.
The Asia consumer, private and business banking unit of Standard Chartered has announced a series of new senior appointments.
All three of Singapore’s local banking giants registered record profits in 2022 as higher interest rates benefited the Southeast Asia-oriented lenders.
A year after Vladimir Putin's invasion of Ukraine, numerous banks are still present in the country. Withdrawal isn't only complicated, but in some cases controversial.
Before Credit Suisse's strategic overhaul last year, Deutsche Bank considered buying parts of the troubled Swiss lender had they become available.
Difficult market conditions are adding pressure to Credit Suisse's real estate funds.
Although financial markets appear to have settled into living with the war in Ukraine, ongoing growth headwinds will likely persist, Razan Nasser writes in an essay on finews.first.
It has been over a week since the chairman of a boutique investment bank went missing in China. finews.asia takes stock.
Potentially peaking rates and improving investor sentiments are expected to shift the split of wealth revenue at OCBC in favor of non-interest income, according to CEO Helen Wong.
OCBC’s wealth management business saw assets under management stay flat as net new money managed to offset negative market movements.
Credit Suisse Chairman Axel Lehmann and various managers attended the White Turf event in St. Moritz last weekend. A recent social media post about basking in sun and snow seems out of place after yesterday's plunge in its stock price.
As China gradually opens its financial markets to Western institutions, UBS is looking for a license to sell mutual funds.
Private markets firm Apollo is considering a move into Credit Suisse's revamped investment bank. It would be the New York-based firm's second act with Credit Suisse.
OCBC posted a record net profit for 2022 as revenues were significantly boosted by rising interest rates.
Following the acquisition of Citi’s consumer banking business in four markets in Southeast Asia, UOB has expanded its retail customer base in the region to nearly 7 million.
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