Bloomberg UBS Group AG has seen significant inflows into its Asia Pacific wealth management over the past three months from clients fleeing Credit Suisse Group AG, as its smaller Swiss rival struggles with a crisis of confidence. Hundreds of wealthy customers have sought to place their funds with UBS in the key growth region, and the bank is planning ...

Bloomberg Bank of Korea (BOK) Governor Rhee Chang-yong signalled the end may be near for the country’s unprecedented streak of policy tightening to curb inflation, returning to a smaller interest-rate hike as concerns grow over economic growth and credit markets. “I am aware that the pain among economic players is deepening as rates rise and the economy weakens,” Rhee said ...

  Bloomberg The company that’s reprinting Britain’s banknotes following the accession of King Charles III saw its shares tumble 25% after it issued a profit warning. De La Rue Plc slumped after it said full-year adjusted operating profit would miss market expectations, days before a shareholder vote on the future of the money printer’s chairman that comes amid a battle ...