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Showing 31 - 40 of 383 results for "Swiss"

MA Financial establishes Singapore office

CHLOE WALKER  |  FRIDAY, 26 MAY 2023
... head for Macquarie in Malaysia. His early career involved research roles at Credit Suisse, Balanced Equity Management and Swiss Re Asset Management in Australia. Meanwhile, Low will join MA Financial Singapore as a distribution director in June. "Kelly's ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
An investor group that controls 8.4% of Swiss fund manager GAM is challenging its proposed acquisition by Liontrust Asset Management. Last week, GAM announced it had agreed to be taken over by Liontrust, in a deal that would create a $100 billion fund ...

UBS outlines new operating model, leadership

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... represents a pivotal moment for UBS, Credit Suisse, and the entire banking industry. "Together we will solidify and represent the Swiss model for finance around the world, one that is capital-light, less reliant on taking risk and anchored by stability ...

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... billion (£53bn) entity. GAM, which has about $39.3 billion (£20.9bn) in assets under management and is listed on the SIX Swiss Exchange, said that it is in favour of the takeover. Liontrust is offering CHF0.6723 for one GAM share and is willing to ...

Link Group sells Funds Solutions, settles with FCA

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... has been sold to Waystone Group, for between $203 to $259 million (£110- £140) and excludes Link's Luxembourg and Swiss entities and Woodford-related liabilities. The final amount will depend on the value of combined revenue in Link Fund Solutions. ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... will officially relinquish his chief executive title next Wednesday to "serve the interests of the new combination, the Swiss financial sector and the country," UBS explained. He will remain at the firm and work alongside his successor as an advisor ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
UBS has agreed to acquire the embattled Credit Suisse for $4.8 billion. As part of the deal, the Swiss National Bank (SNB) will provide an additional $160 billion (CHF 100 billion)) in liquidity assistance to support the merge. UBS plans to appoint ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... flat before dipping again at the time of writing. Felsman explained global markets did have a positive night following the Swiss National Bank's (SNB) announcement that it would throw a US$54 billion lifeline to Credit Suisse. "That helped ease fears ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... down over 20%, and some of the larger commercial banks like Citi Group dropped by 5%," he said. In a joint statement, the Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority (FINMA) confirmed they could provide liquidity backstop ...

Berkshire Hathaway, IAG restructure agreement

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... other quota share partner arrangements," McPherson added. IAG said it has now renewed 30% of the 32.5% WAQS, with Munich Re, Swiss Re, and Berkshire Hathaway, all effective January 2023, with negotiations on the remaining 2.5% expected to be completed ...