04/20/2020

UBS, Credit Suisse Head Into Uncharted Waters

For the two, the only clarity for the rest of 2020 is that nothing is clear: the length of the coronavirus pandemic is unknown, as well as the economic and financial fallout.

04/19/2020

Finding Africa’s path

The number of recorded COVID-19 cases in Africa, at about 15,000 on April 14, is still relatively small, but it is growing fast.

04/19/2020

Billions lost in structured notes

A popular investment among Asia's wealthy in the years of rock-bottom interest rates has been upended in the recent market rout, leaving investors facing losses estimated to be in the billions of dollars. Structured products called fixed coupon note

04/17/2020

Raiffeisen Pays «Golden Hellos»

Chairman Guy Lachapelle took home 750,000 francs. Raiffeisen's board, which is comprised of ten directors, was paid a total of 2 millionen francs; Lachappelle abolished attendance fees for directors, which had totalled 709,000 francs in 2018.

04/17/2020

Winning gold

Gold divides opinion. But while its role is open to question in normal times in extreme market conditions it's a good safe haven.

04/16/2020

AMP wealth earnings tipped to plunge

AMP’s Australian wealth business recorded $6.3 billion of cash outflows in 2019 full year, slugging the division’s profit which had fallen by 49.9 per cent year-on-year.

04/16/2020

Swiss Banks Shrugging Off Payout Warning

They include Banque Cantonale de Geneve and St. Gallen and Zurich's cantonal banks (the latter is listed as systemically relevant alongside UBS and Credit Suisse).

04/16/2020

How wealth management must respond to COVID-19

The speed at which the impact of COVID-19 and governments' reactions to the virus in the shape of lockdowns have been felt across the world is part of what makes the crisis so unique.