PEOPLE MOVES: HSBC, Ocorian, Sesame Bankhall Group
Bank names CEO of its Singapore life arm, as financial services provider makes c-suite change
Finma
-
-
Data leak hits Credit Suisse clients
Documents suggest that some of its wealthy customers have links to human rights abuses
-
Credit Suisse boss admits breaking covid quarantine
Swiss regulator is ‘in contact’ with the firm on the issue
-
Global private bank has acquisition ban lifted
After the group says it is ‘open to big, transformational’ M&A deals
-
Swiss wealth manager eyes ‘big, transformational acquisitions’
CEO is confident M&A restrictions will be lifted in 2021
-
Maltese regulator fires warning over global advice firm
UK and Swiss watchdogs have already cautioned investors about the company
-
Generali to pay CHF245m in compensation over M&A deal
Sold Swiss private bank was shut down in Singapore but insurer denies any liability or wrongdoing
-
Fintech firm eyes launch of Swiss digital private bank in 2021
With help of wealth manager Reyl & Cie, it will cater for the mass affluent market worth CHF660bn
-
Julius Baer banned from conducting ‘major acquisitions’
After it is linked to allegations of corruption and money laundering by a Venezuela oil firm and Fifa
-
Swiss watchdog raps Credit Suisse for money laundering failures
Investigations into Fifa and Brazilian and Venezuelan oil companies revealed ‘deficiencies’
-
Fake cryptocurrency shut down
Switzerland’s financial regulator has shut down three companies for conning millions of francs out of hundreds of investors by selling a fake cryptocurrency and says it has 11 similar companies in its sights.
-
Luxembourg regulator fines Rothschild over 1MDB failings
Swiss private bank Edmond de Rothschild has been fined nearly €9m (£7.9m, $10m) by Luxembourg’s financial regulator for its handling of funds reportedly linked to beleaguered sovereign wealth fund 1Malaysia Development Berhad.