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UBS axing investment banking jobs as earnings continue to slide

Finance

22 October, 2019

UBS axing investment banking jobs as earnings continue to slide

Swiss bank UBS (UBSG.S) is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% ......

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Asia-Pacific family offices outperform global average but turning cautious

Finance

25 September, 2019

Asia-Pacific family offices outperform global average but turning cautious

Family offices in Asia-Pacific, which includes India, generated more return on their investments than the global average but are becoming ......

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Investment bank Lazard downsizing India operations

Finance

09 September, 2019

Investment bank Lazard downsizing India operations

New York-listed investment bank Lazard Ltd is said to be scaling down its India operations and laying off executives, VCCircle ......

UBS to revamp investment bank in bid to lift flagging earnings

Finance

06 September, 2019

UBS to revamp investment bank in bid to lift flagging earnings

Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market ......

StanChart eyes $100 bn private banking assets in growth push

Finance

14 August, 2019

StanChart eyes $100 bn private banking assets in growth push

Standard Chartered is targeting growing its private banking assets by 50% to about $100 billion in three to five years ......

Asian billionaires develop taste for boutique wealth managers

Finance

27 May, 2019

Asian billionaires develop taste for boutique wealth managers

Growing demand by Asia's rich for independent advisory services and access to a wide variety of investment products is spurring ......

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Long working hours aside, how productive India Inc employees really are?

General

21 May, 2019

Long working hours aside, how productive India Inc employees really are?

In June 2018, Swiss bank UBS said in a report that people in Mumbai work the longest in the world—3,315 ......

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Indian PE-VC funds draw record commitment from LPs in Q1 as dry powder hits $23 bn

Finance

06 May, 2019

Indian PE-VC funds draw record commitment from LPs in Q1 as dry powder hits $23 bn

Indian private equity and venture capital firms garnered a record investment commitment from Limited Partners (LPs) in the first quarter ......

How wealthy millennials are putting colour back in the art market

General

08 March, 2019

How wealthy millennials are putting colour back in the art market

The global art market experienced another uptick in 2018, helped by an increase in the spending power of millennials, a ......

Singapore Exchange shares tank after Indian bourses rein in trading abroad

Markets

12 February, 2018

Singapore Exchange shares tank after Indian bourses rein in trading abroad

Shares in Singapore Exchange Ltd (SGX) plummeted as much as 9 percent on Monday as brokers cut their earnings estimates ......