The decision was reportedly made as UBS, which is in the process of acquiring Credit Suisse, already has a locally incorporated bank in China.
Tag: Credit Suisse
How Asia escaped the AT1 crisis in confidence
FSA canvassed the opinions of asset managers on how Asia has been spared from the fallout from the Credit Suisse debacle.
Is China’s reopening rally done?
FSA canvassed the opinions of market observers on whether the China reopening rally is now done or whether markets are just taking a breather.
The FSA Spy market buzz – 31 March 2023
Retirement at Aviva Investors, inflation beneficiaries (maybe), Allianz Global Investors is going all in in China, BNP Paribas’ thematic outlook, UBS and Credit Suisse, Nasdaq performance and much more.
HSBC GPB appoints regional head of wealth planning and advisory
Henry Lam joins HSBC Global Private Banking from Credit Suisse.
Hong Kong and Singapore seek to calm nerves over Credit Suisse
Rival UBS has agreed to buy the embattled investment bank for more than $3bn.
The FSA Spy market buzz – 17 March 2023
JP Morgan’s active China, Chinese private funds growing fast, punditry torn apart, ratings agencies torn apart too, Larry Fink adds concern, Credit Suisse’s bad meme week, high wages and much more.
Credit Suisse to commence wealth management business in China
The wealth management business is expected to launch in the first half of this year.
