FeaturedWealth 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
BankingFeaturedHong 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 LeadersFeaturedCredit Suisse appoints new market leader in MalaysiaWebAdminJuly 5, 2021 by WebAdminJuly 5, 2021 The bank promoted Joyce Low to market leader Malaysia... Read more
CurrencyFeaturedEther soars past the $3000 mark to quadruple in value in 2021Pritam BordoloiMay 3, 2021 by Pritam BordoloiMay 3, 2021 Ether is now up about 300% on a year-to-date basis... Read more
FeaturedFinanceUBS to start venture capital fund to invest in fintechsPritam BordoloiMay 26, 2020May 26, 2020 by Pritam BordoloiMay 26, 2020May 26, 2020 UBS will invest between $10 mn and $20 mn of its own money... Read more
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings.... Read more
BankingUBS to cut 500 jobs equal to 2% of global wealth workforceBharath KumarJanuary 8, 2020 by Bharath KumarJanuary 8, 2020 UBS’ decision is aimed at reviving its business and strengthening regional units... Read more
Real EstateUBS to advise on potential Arabtec-Trojan mergerPritam BordoloiOctober 16, 2019 by Pritam BordoloiOctober 16, 2019 Dubai-based Shuaa Capital will also act as an adviser on the potential merger... Read more
Wealth ManagementUBS appoints former Credit Suisse banker to boost performanceInternational Finance DeskAugust 30, 2019December 23, 2019 by International Finance DeskAugust 30, 2019December 23, 2019 Iqbal Khan will expand UBS business with high-profile clients, mainly in the US... Read more
BankingUK banks face class action suit by investors over forex riggingInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 The lawsuit is funded by litigation funding firm Therium and led by the former pensions regulator chair... Read more