Cathy Chan

UBS Group AG has slashed its sustainability office in Asia, cutting its headcount by half in recent months as part of a broader global restructuring, according to people familiar with the matter.

Die UBS hat ihre Nachhaltigkeitsabteilung in Asien im Zuge eines umfassenderen globalen Umbaus deutlich verkleinert. Insidern zufolge hat die Zürcher Bank die Zahl der Mitarbeiter in dem Bereich in den vergangenen Monaten halbiert.

Alibaba Group Holding Ltd. is offering $1.5 billion to acquire Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from Meituan in online commerce.

(Bloomberg) -- Alibaba Group Holding Ltd. is offering $1.5 billion to buy Chinese grocery delivery firm Pupu, initiating a bidding war as part of a broader campaign to wrest market share from online commerce rival Meituan.

Bank of America Corp. appointed Dominic Tan as head of Southeast Asia investment banking to replace Antonio Puno who is relocating to London, according to an internal memo.

UBS Group AG made two senior investment banking appointments in Asia, filling vacancies left after recent departures, according internal memos seen by Bloomberg.

It was supposed to be the deal that vaulted Mirae Asset Securities Co. into the global big leagues.

Mirae Asset Securities Co. said it carried out all its work related to SpaceX’s initial public offering in coordination with the lead underwriters on the deal, disputing a Bloomberg News report published June 30.

The private equity boss pleaded guilty this week to two charges involving drink-driving relating to an incident in Sydney in early June, when he crashed his BMW into five cars and then twice refused to take an alcohol breath test.

July 3, 2026 — 7:47am TPG Capital decided to retain Joel Thickins as partner and co-head of Asia following his guilty plea stemming from an