After the fall of Credit Suisse, Switzerland's reputation as a wealth management centre hangs under a cloud. Could Asia reap the benefits as the region's richest families look to diversify their assets?
Tag : credit suisse
After the spectacular fall of Credit Suisse and shock collapse of Silicon Valley Bank, investors are fretting about contagion risk among global banks. AsianInvestor asks investment experts to give their take on the troubled sector.
HKMA, MAS issue statements after the announced takeover of Credit Suisse by UBS; Temasek officials meet Maharlika executives; CDPQ eyes purchase of Indian unit of ATC; and more.
Weekly investors roundup: Five Australian supers fail performance test; Singapore's GIC invests in India space-tech; Korea's NPS gets new CEO
Five Australian superannuation products failed to meet the performance benchmark this year, including four that failed for the second time; Singapore's GIC has led Indian space-tech startup series B funding round; Korea's NPS gets new CEO for three-year term.
GIC appoints 10 new MDs to global leadership; M&G hires fixed income head for Apac; HSBC hires UHNW global head from Citi; Credit Suisse appoints Apac asset management head; Macquarie AM hires chief sustainability officer; and more.
The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
A survey of over 300 institutional investors by Credit Suisse reveals they are seeking to access emerging markets via hedge funds, particularly China.
Bringing in a European with a record of turning around businesses at the top may not solve the Australian investment and insurance group's credibility problem, say industry observers.
Weaker growth numbers and high equity valuations could lead more foreign investors to trim positions amid some profit taking, say market experts.
Electronic platforms such as Credit Suisse’s new launch will need to cope with the sophisticated products that wealthy investors will want, say industry experts.
It may be time to book profit in mainland equities amid slowing economic momentum and tighter liquidity conditions, despite MSCI's decision to include A shares in its EM indexes.
Aberdeen and Franklin Templeton have just added senior hires in the region, while Credit Suisse Private Banking and Schroders have seen recent departures.