Swiss banking giant Credit Suisse is being investigated by the US government for its hiring practices in Asia-Pacific.
Tag: Credit Suisse
HK SFC fines Credit Suisse
Hong Kong’s regulator has fined and reprimanded Swiss wealth manager Credit Suisse for internal control failures and selling unsuitable products.
Philippines approves Credit Suisse rep office
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.
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.
