UBS executives had restarted discussions about reducing the bank’s exposure to Swiss regulation. Credit: Judith Linine/ Shutterstock.com. At least eight international banks have indicated they may be ...
Banks and authorities recovered approximately €53m, leaving about €36m unaccounted. Credit: HelgaQ/ Shutterstock.com. Fraudsters posing as senior executives used AI to take €95m ($108m) from Fideuram, ...
Swiss financial watchdog FINMA has concluded an enforcement action against Julius Baer, determining the bank committed “serious” breaches of regulatory provisions concerning money-laundering ...
Allspring oversees $642bn in assets. Credit: Funtap/ Shutterstock.com. Allspring Global Investments, once part of Wells Fargo, is being prepared for a potential sale by its private equity owners, ...
DTCC and iCapital will also examine the use of current and emerging technologies in alternative investments. Credit: FON’s Fasai/ Shutterstock.com. The Depository Trust & Clearing Corporation (DTCC) ...
Deutsche Bank holds about 80% of DWS. Credit: Vytautas Kielaitis/ Shutterstock.com. Deutsche Bank is examining options to bring its asset management arm and private banking activities into closer ...
QIA CEO Mohammed Saif Al-Sowaidi and JP Morgan Asset and Wealth Management CEO Mary Callahan Erdoes. Credit: JPMorgan Chase/ Qatar Investment Authority (QIA)/ PRNewswire. Qatar Investment Authority ...
The legislation now passes to the lower house, with a final outcome seen as most likely in 2027. Credit: JHVEPhoto/ Shutterstock.com. Switzerland’s upper chamber of parliament has approved a stricter ...
HSBC withdrew from India’s retail brokerage and depository operations in 2013. Credit: FotoField/ Shutterstock.com. HSBC is preparing to return to India’s equity broking market after more than 10 ...
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