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Coronavirus crisis a window of opportunity for bankers to the rich

Finance

14 May, 2020

Coronavirus crisis a window of opportunity for bankers to the rich

When markets slumped in March as the spread of coronavirus gathered pace, wealth managers' trading volumes soared as ultra-rich clients ......

Credit Suisse hires Swiss bank UBP's exec to head India wealth unit

Finance

14 May, 2020

Credit Suisse hires Swiss bank UBP's exec to head India wealth unit

The domestic arm of Credit Suisse Group AG, the Switzerland-headquartered global investment bank and financial services firm, has hired a ......

Credit Suisse sets up investment banking sustainability advisory

Finance

06 April, 2020

Credit Suisse sets up investment banking sustainability advisory

Credit Suisse has set up a new investment banking advisory group to counsel clients on the issue of sustainability, the ......

UBS names ING boss Ralph Hamers as new chief executive

Finance

20 February, 2020

UBS names ING boss Ralph Hamers as new chief executive

UBS Group has named ING boss Ralph Hamers as successor to Chief Executive Sergio Ermotti, becoming the second major Swiss ......

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Apis, ChrysCap co-investing in a private lender

Finance

17 February, 2020

Apis, ChrysCap co-investing in a private lender

London-based mid-market private equity firm Apis Partners, which is focused on financial services and technology segments, is coming as a ......

Credit Suisse CEO Thiam quits after spying scandal

Finance

07 February, 2020

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 investor pressure ......

UBS overhauls wealth business, cuts jobs to revive profits

Finance

08 January, 2020

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 under ......

PE-backed operator of The Park hotels files for IPO

Consumer

02 January, 2020

PE-backed operator of The Park hotels files for IPO

Apeejay Surrendra Park Hotels Ltd, which owns and operates hotel under the brand name ‘The Park’, has filed a draft ......

Regulator paves way for Reliance Capital to sell general insurance unit

Finance

30 December, 2019

Regulator paves way for Reliance Capital to sell general insurance unit

The insurance regulator has restored 100% shareholding of Reliance General Insurance Company Ltd to Reliance Capital Ltd by cancelling the ......

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

21 November, 2019

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds) Hong Kong listing and ......