[ad_1] One banker who responded to KPMG’s survey said: “There is a ‘doom loop’ where outflows cause investors the need to sell more, causing more underperformance.” KPMG’s report found that…
Tag: Bankers
Swiss financial watchdog wants to examine clawing back bankers’ bonuses
[ad_1] A Swiss flag is pictured above a logo of Credit Suisse in Bern, Switzerland, Nov 15, 2023. REUTERS/Denis Balibouse/File photo ZURICH – Switzerland’s financial regulator wants to discuss the…
Singapore Fines Credit Suisse for Bankers’ Misconduct
[ad_1] Dec. 28, 2023 12:08 am ET Singapore imposed a penalty of 3.9 million Singapore dollars (US$3.0 million) on Credit Suisse for failing to prevent or detect misconduct by its…
Singapore Penalizes Credit Suisse For Misconduct By Bankers
[ad_1] Singapore penalized Credit Suisse S$3.9 million ($3 million) for its failure to prevent or detect misconduct by its relationship managers in the city-state. The bankers had provided clients with…
German banker’s diaries add to Olaf Scholz’s political woes
[ad_1] When the co-owner of one of Germany’s oldest private banks discreetly lobbied Olaf Scholz over a tax issue in 2016, he was acutely aware of the risks for the…
Hong Kong Bankers Have Lots of Free Time, Anxiety as Deals Slump
[ad_1] Eighty-hour weeks. Multi-billion dollar deals. Huge bonuses. Until recently, life as an investment banker in Hong Kong was both intense and lucrative. These days, it’s anything but. The big…
Four bankers in Switzerland accused of helping to hide Putin’s millions
[ad_1] Four bankers have appeared in a Swiss court charged with helping to hide tens of millions of francs on behalf of Vladimir Putin. The men, who had senior roles…
Hong Kong Bankers’ Uneasy Dance With Property Tycoons
[ad_1] Hong Kong dazzles with its soaring skyscrapers and swanky shopping malls, and the city has its bankers to thank. Over the years, landlords routinely relied on banks to finance…
China’s finance ministry meets bankers on boosting Hong Kong’s hub role
[ad_1] “The meetings between Hong Kong and the leaders at the Ministry of Finance [on Wednesday] and the meeting with the PBOC governor last month reflect that the central government…