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Finance
Credit Suisse CEO Thiam quits after spying scandal
Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle at Switzerland's second-biggest bank, which faces...
Finance
UBS overhauls wealth business, cuts jobs to revive profits
UBS is overhauling its flagship wealth management business, including shrinking its senior staff, in the first big strategic move...
Finance
Credit Suisse shakes up leadership at struggling investment banking unit
Credit Suisse on Monday appointed David Miller, the bank's global head of credit, to take charge of its floundering investment...
Finance
Global billionaires' wealth falls for first time since 2015
The world's richest people became a little less well off last year, according to a report by UBS and PwC, ......
Finance
UBS axing investment banking jobs as earnings continue to slide
Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division prompted...
Finance
Asia-Pacific family offices outperform global average but turning cautious
Family offices in Asia-Pacific, which includes India, generated more return on their investments than the global average but are...
Finance
Investment bank Lazard downsizing India operations
New York-listed investment bank Lazard Ltd is said to be scaling down its India operations and laying off executives, VCCircle...
Finance
UBS to revamp investment bank in bid to lift flagging earnings
Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market...
Finance
StanChart eyes $100 bn private banking assets in growth push
Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......
Finance
Asian billionaires develop taste for boutique wealth managers
Growing demand by Asia's rich for independent advisory services and access to a wide variety of investment products is spurring ......
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