Breakingviews – Caymans gives Hong Kong tycoons a head start

[ad_1] HONG KONG, Aug 11 (Reuters Breakingviews) – A tweak to an archaic takeover rule in the Caribbean will help Thomas Lau to succeed where his sibling did not. The…

Wealth managers ramp up staff in Hong Kong to chase Chinese demand

[ad_1] HONG KONG, March 24 (Reuters) – Wealth management firms are expanding operations aggressively in Hong Kong to meet pent-up demand from rich Chinese individuals looking to invest more money…

Asian shares fall as Delta variant casts shadow over growth

[ad_1] HONG KONG, Aug 6 (Reuters) – Asian shares failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta variant…

Analysis: Credit Suisse collapse threatens Switzerland’s wealth management crown

[ad_1] ZURICH, March 22 (Reuters) – The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts warn, calling…

Asian shares steady as Chinese markets return, US yields gain

[ad_1] Chinese blue chips gain after service sector returns to growth Nikkei up 1.55%, Australia gains 0.87% but Hong Kong falls 10-year U.S. Treasury yields reach 1.5940 matching June high…

EXCLUSIVE ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures -sources

[ad_1] ADB, Prudential, Citi, HSBC, BlackRock devising coal plan Initiative aims to secure funding at COP26 summit ADB preparing feasibility study on early closures LONDON/MELBOURNE, Aug 3 (Reuters) – Financial…

Breakingviews – Richard Li’s insurer offers geopolitical cover

[ad_1] HONG KONG, March 22 (Reuters Breakingviews) – Time may be on Richard Li’s side. The tycoon is preparing to list his $9 billion Asian insurer FWD in his home…

Asia banks may face difficulty bolstering capital via AT1s – Citi

[ad_1] HONG KONG, March 22 (Reuters) – Asian lenders may find it difficult to replenish their capital by issuing Additional Tier-1 (AT1) bonds, Citigroup said in a research note on…

Shocked Credit Suisse staff fear uncertain future despite UBS rescue deal

[ad_1] SINGAPORE/HONG KONG, March 20 (Reuters) – Credit Suisse staff arriving to work in Hong Kong and Singapore on Monday morning fretted about retrenchments and retaining business after larger Swiss…

Exclusive: Credit Suisse says some clients may want to move wealth assets after UBS deal

[ad_1] SHANGHAI/HONG KONG, March 20 (Reuters) – Credit Suisse told staff its wealth assets are operationally separate from UBS for now, but once they merged clients might want to consider…