10/29/2012
UBS AG, Switzerland’s biggest bank, boosted its profitability goal and announced plans for about 10,000 job cuts as Chief Executive Officer Sergio Ermotti scales back the investment bank to focus on wealth management.
10/29/2012
UBS Australia has escaped the purge of global employees by the Swiss lender, with no local jobs expected to go in one of the biggest culls of banking jobs since the implosion of Lehman Brothers in 2008.
10/29/2012
“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.
10/29/2012
Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.
10/29/2012
Wealth generated in countries rich in natural resources helped three countries stake their claims with Kuwait, Norway and Brunei taking their places among the top 10.
10/28/2012
Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.
10/28/2012
For its 2012 list of the World's Best Banks, Global Finance choose winners in 12 categories ranging from best investment bank to best Islamic Financial Institution.
10/28/2012
Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks
10/28/2012
Family offices, as deep-pocketed as the venture capital firms
10/28/2012
The city ordered its third set of property curbs in two months after home prices almost doubled over three years to become the world’s most expensive.
10/28/2012
The move to directly invest comes at time when nearly half the real estate funds in India have been unable to offer attractive returns as India's once soaring real estate sector is crippled by increasing debt and plunging sales.
10/28/2012
Private bankers in the Swiss market are frantically backpedalling
10/25/2012
Former AMP chief executive is working on a possible $600 million wealth management merger
10/24/2012
Emphasis is moving away from performance relative to benchmarks and toward investor outcomes
10/24/2012
Private Banking with 3Q12 net revenues of CHF 2,591 million and pre-tax income of CHF 689 million
10/24/2012
Barclays also won ‘Best Private Bank – India’ for the second year running, and ‘Best Private Bank – Japan’ for SMBC Barclays, a private banking joint venture between Sumitomo Mitsui Banking Corporation (SMBC), Barclays
10/24/2012
The corruption scandals and red tape that have hampered India's recent growth
10/23/2012
By contrast, Switzerland is cold and dark.
10/23/2012
Fund Run by Bank Loses High-End Residential Tower to Foreclosure as Rules on Property Purchases Hit Luxury Market
10/23/2012
Citigroup overtook UBS AG to become the top private bank in the Asia-Pacific last year when assets managed by the industry fell, industry publication Private Banker International said on Wednesday.