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Dubai family office leads pre-Series A funding for children clothing brand Cub McPaws

Consumer

14 September, 2020

Dubai family office leads pre-Series A funding for children clothing brand Cub McPaws

Pochemuchka Kids Pvt Ltd, which operates children-focussed clothing brand Cub McPaws, has raised pre-Series A funding from a clutch of ......

Asia wealth managers pull out all stops to get clients on Ant IPO

Finance

03 September, 2020

Asia wealth managers pull out all stops to get clients on Ant IPO

Wealth managers in Asia are preparing to lend more to their clients and help them raise cash by selling investments ......

Billionaires look to exit equities after turning quick profit, says UBS

Finance

16 July, 2020

Billionaires look to exit equities after turning quick profit, says UBS

Billionaires looked after by Swiss bank UBS are looking to move their cash out of equities after profiting from an ......

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 ......

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KKR-backed Avendus revamps wealth management biz as another exec quits

Finance

02 March, 2020

KKR-backed Avendus revamps wealth management biz as another exec quits

Avendus Capital Pvt. Ltd is overhauling its wealth management arm a decade after starting the business, as the Mumbai-based financial ......

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 ......

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 ......

Credit Suisse shakes up leadership at struggling investment banking unit

Finance

11 November, 2019

Credit Suisse shakes up leadership at struggling investment banking unit

Credit Suisse on Monday appointed David Miller, the bank's global head of credit, to take charge of its floundering investment ......

Global billionaires' wealth falls for first time since 2015

Finance

11 November, 2019

Global billionaires' wealth falls for first time since 2015

The world's richest people became a little less well off last year, according to a report by UBS and PwC, ......