Regardless of who is the US election winner in November, there are enough controls within Washington to prevent full fulfillment of an individual’s policy ambitions alongside other more powerful ...

The banking regulator of Australia has proposed replacing the usage of Additional Tier 1 bonds with «more reliable forms of capital» following Credit Suisse’s historic collapse and multi-billion ...

Australia’s third-largest bank has announced the appointment of a new chief executive officer for the group. Westpac has appointed Anthony Miller as group CEO and managing director, according to a ...

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Munich-based insurer Allianz posted higher profits in the first six months of 2024, driven in part by strong growth its life and property-casualty businesses. Allianz Asia Pacific posted an operating ...

Which watch brands are particularly favored by Swiss finance professionals? Insights are provided by the reader survey conducted by finews.com. In the local context, the mechanical wristwatch has ...

The decline of Credit Suisse has significantly impacted the Banking Barometer published by the Swiss Bankers Association (SBA), though the Swiss banking sector remains notably resilient. To gauge the ...

Hong Kong will further its central bank digital currency ambitions with the launch of a new sandbox. The Hong Kong Monetary Authority (HKMA) has launched the «Project Ensemble Sandbox», according to a ...

The family office of Hong Kong's renowned Cheng family has announced the appointment of three co-chiefs, including a son of the patriarch. The three newly created positions form a CEO office for the ...

The case of Austrian entrepreneur René Benko plunged the traditional bank into crisis. Now, at least the loan loss could be slightly reduced. Bank Julius Baer might achieve an extraordinary gain of ...

The US Federal Reserve is signaling that it will now protect economic expansion. In turn, wealth managers are now shifting to a risk-on mode. Last week, the US Federal Reserve signaled that there ...

The former China division head of the now-defunct Credit Suisse will look after the same market at UBS, finews.asia has learned. Hu has more than 20 years of industry experience and is currently vice ...