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UBS

China e-commerce: how SoftBank-backed Firework aims to help mainland merchants sell directly in overseas markets

by Anas Siddiqui
China e-commerce: how SoftBank-backed Firework aims to help mainland merchants sell directly in overseas markets

“Live-stream shopping in China is very influencer-driven. People watch live streams because they trust the influencer,” he said. “Whereas in the US, it’s still brand-focused. The relationship is between the …

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Exclusive | UBS sees Asia as its future growth engine after Credit Suisse merger boosted its regional footprint, CEO says

by Anas Siddiqui
Exclusive | UBS sees Asia as its future growth engine after Credit Suisse merger boosted its regional footprint, CEO says

As of the end of last year, UBS had attracted a net US$77 billion of new money globally since the two banks officially merged on June 12. That was much …

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Art Basel Hong Kong’s full-scale return tests city’s events appeal

by David Johnson
Art Basel Hong Kong’s full-scale return tests city’s events appeal

By Bloomberg Published Mar 28, 2024 Art Basel is returning to Hong Kong at its pre-pandemic scale, giving a much-needed jolt to the city’s muted events landscape. Reuters The fair, …

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UBS marks completion of new building in West Kowloon that will house the Swiss bank’s Hong Kong staff

by Anas Siddiqui
UBS marks completion of new building in West Kowloon that will house the Swiss bank’s Hong Kong staff

UBS and Sun Hung Kai Properties (SHKP) have held a ceremony marking the completion of a new building that will eventually house all the Swiss bank’s staff in Hong Kong. …

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Gucci’s China shock reverberates across the luxury landscape

by David Johnson
Gucci’s China shock reverberates across the luxury landscape

By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of …

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Art Basel and UBS Predict Resilient Art Market for 2024 Despite Losses

by Haddis Thomas
Art Basel and UBS Predict Resilient Art Market for 2024 Despite Losses

A view of the 21st edition of Art Basel in Miami Beach, Florida, on December 8, 2023. Eva Marie Uzcategui/AFP via Getty Images The art market faltered in 2023 amid …

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OSL completes first transaction of tokenized UBS warrant on Ethereum

by Isaac Wright
OSL completes first transaction of tokenized UBS warrant on Ethereum

One of Hong Kong’s two licensed crypto exchanges, OSL, finalizes the first tokenized warrant transaction with UBS. OSL Digital Securities has completed the first transaction involving the UBS pilot investment-grade …

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Year of the Dragon: most popular of the Chinese zodiac signs dominates corporate lai see packets again

by Anas Siddiqui
Year of the Dragon: most popular of the Chinese zodiac signs dominates corporate lai see packets again

“This is because the dragon is the most popular zodiac animal of them all. Everybody likes dragons, so the companies want to deliver dragon-designed lai see packets to their customers.” …

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UBS Is Hosting a Major Exhibition of Lucian Freud Works

by Haddis Thomas
UBS Is Hosting a Major Exhibition of Lucian Freud Works

Lucian Freud, Double Portrait, (1988-90). © The Lucian Freud Archive/Bridgeman Images/Courtesy UBS Art Collection UBS, a Switzerland-based global financial services firm, is drawing from its art collection to show more …

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Birkenstock faces critical first earnings after post-IPO wobble

by Lionel Rogers
Birkenstock faces critical first earnings after post-IPO wobble

By Bloomberg Published Jan 18, 2024 Birkenstock Holding Plc’s first earnings report as a public company is ripe for volatility as investors gauge whether the negative reaction to its 2023 …

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