Economy FeaturedDiscussing impact of Gaza war upon MENA’s dealmaking, tourism and FDI activitiesIFM CorrespondentOctober 24, 2023October 23, 2023 by IFM CorrespondentOctober 24, 2023October 23, 2023 Tourism revenue will decrease because people will feel that there is a security concern... Read more
Banking and Finance MagazineIs global financial system failure-proof?IFM CorrespondentOctober 18, 2023October 19, 2023 by IFM CorrespondentOctober 18, 2023October 19, 2023 Smaller emerging economies with significant debt and declining repayment capacity have the most unstable banks... Read more
Banking FeaturedCredit Suisse collapse results in balance sheet contraction of Swiss banks: ReportIFM CorrespondentSeptember 14, 2023 by IFM CorrespondentSeptember 14, 2023 Credit Suisse's high liquidity requirements were seen as playing a part in sight deposits held overnight at the Swiss National Bank falling more sharply in 2022 than in the previous ten years... Read more
Banking FeaturedGlobal banking crisis: Something catastrophic is comingIFM CorrespondentApril 6, 2023April 6, 2023 by IFM CorrespondentApril 6, 2023April 6, 2023 Credit Suisse’s profitability and the future of its investment banking section were under scrutiny... Read more
Business Leaders FeaturedUBS names former Morgan Stanley veteran as the new chairmanIFM CorrespondentNovember 23, 2021November 23, 2021 by IFM CorrespondentNovember 23, 2021November 23, 2021 Colm Kelleher will succeed Axel Weber as the new chairman... Read more
Featured InsuranceFloods in Europe to cost insurers nearly $12 bn: Swiss ReIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Swiss Re alone would lose around $520 mn due to the floods... Read more
Featured InsuranceSwiss Re to invest $200 mn in a new parent company called DefinityWebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 It will serve as the parent company to Economical Insurance, Family Insurance Solutions, Petline Insurance and Sonnet Insurance... Read more
Featured Wealth ManagementUBS launches wealth management JV with Sumitomo Mitsui TrustWebAdminAugust 13, 2021 by WebAdminAugust 13, 2021 The new firm is called UBS SuMi TRUST Wealth Management... Read more
Banking FeaturedHong Kong financial watchdog fines UBS $11.55 mn for regulatory breachesWebAdminAugust 5, 2021 by WebAdminAugust 5, 2021 UBS is being fined for its failure to disclose its financial interests in some Hong Kong listed companies... Read more
Business Leaders FeaturedCredit Suisse appoints new market leader in MalaysiaWebAdminJuly 5, 2021 by WebAdminJuly 5, 2021 The bank promoted Joyce Low to market leader Malaysia... Read more