Bangko Sentral ng Pilipinas (BSP) has given Credit Suisse a green light to establish a representative office in the Philippines, according to Chuchi Fonacier, the central bank’s deputy governor for supervision and examination.
Tag: Credit Suisse
Credit Suisse applies to set up in the Philippines
Credit Suisse is one of several foreign banks planning to set up representative offices in the Philippines, enabling them to promote their own financial products and services locally.
UBS, JB lead in Asia results
UBS and Julius Baer are the 2H standouts showing big quarterly increases in Asia wealth management inflows as major private banks report first half results.
Singapore fines Credit Suisse and UOB for AML breach
The Monetary Authority of Singapore (Mas) has fined Credit Suisse and United Overseas Bank (UOB) and issued prohibition orders against three people following a two-year investigation into scandal-plagued wealth fund 1Malaysia Development Berhad.
The FSA Spy market buzz – 26 May 2017
Hermes hires, Capital Group too; Italian retirement; Long-term short-term, Hong Kong property bubbles; Hang Seng bestsellers; CS humming; AM premiums and much more.
APAC drives UBS WM inflows
Client assets managed by UBS wealth management increased in 2016, led by net new money from Asia-Pacific investors.
Credit Suisse names China execs as WM assets grow
Credit Suisse announced new leadership appointments to oversee its China business on the back of strong growth of its wealth management business in Asia-Pacific.
Managers find yield in Asia dividends
There are still opportunities to earn healthy dividends without sacrificing capital, argue Asian fund managers.
Is 50/50 the right management fee split?
Asset managers and distributors in Asia used to split the annual management charge, but over the last couple years the distribution side has been getting more than half. What is a fair split?
CS: Capacity cuts boost China’s commodity sector
Commodity prices have rebounded since the start of the year and A-share commodity stocks are expected to outperform in the third quarter, Credit Suisse said.
