A rebound in infections in Hong Kong and Singapore confirms that the epidemic is far from over in Asia. finews.asia speaks exclusively to Credit Suisse’s Francois Monnet on facing the pandemic. Francois Monnet, few, if any, CEOs could have planned for the disruption to business that has been caused by Covid-19. What is your read of the…
CEOs work from home just like you and me: they work from the kitchen table, listen to «The Who» on coffee breaks, and enjoy take-out pizza sometimes. finews asked around. Thomas Gottstein, Credit Suisse CEO: «The phone is my most important work tool now. I’m talking to our employees, clients, and political representatives as well as other…
State of global markets: • These are unprecedented times – haven’t seen anything like this in my 44 years in finance. • This is not a financial crisis. Dependency on central banks to moderate the problem can only achieve limited results. • We are seeing central banks become very aggressive, taking on responsibility of stabilizing…
The corona crisis is a jolt to the wealth management industry. For more innovative private banks, the pandemic represents a historic opportunity. Eight scenarios. The prospects for Swiss private banks – which cater to the financial affairs of wealthy clientele – were dire before the coronavirus pandemic hit. Sandwiched between big universal banks and a…
Coronavirus is spurring remote hiring. Here’s how to nail your job interview from afar. As the coronavirus pandemic continues to grip economies across the globe, few industries have been left untouched by the fallout, and that’s having huge implications not only for the workforce but also the recruitment process. Some companies have moved to freeze…
The virtue of private capital is that it can withstand short-term volatility in valuations of assets held for the long term – and now is the time to prove that. Investors may already be eagerly hunting bargains amid the carnage in the coronavirus bear market. One large and powerful group of investors, with plenty of…
One of the most important factors of managing and growing a business through a crisis is a community to brainstorm with, learn from, and challenge you. Other founders will understand the challenges and may be able to share ideas that have worked for them. Here, we have compiled a summary of some key take-aways and…
Goldman Sachs Group Inc. plans to start offering wealth management services in Japan, a person with knowledge of the matter has said. The U.S. bank will target high net worth individuals through its asset management unit, the person said, asking not to be identified because the plans are private. It has already started hiring private…
BoM, SBI only PSBs rated ‘good’ in digital transactions in December: Government data. Mumbai: Bank of Maharashtra and State Bank of India are the only two state-run banks that showed ‘good’ performance in terms of digital transactions in December with a score of 77 and 68 respectively, government data showed. The score for an individual…
Wealth management in Japan is a totally different story to anywhere else in the world. In most of Asia it is about rising youth, an emerging middle class and the technology required to serve them. In Japan, it’s nothing like that. Daiwa president and chief executive Seiji Nakata shows Euromoney a chart revealing the segmentation…
