UBS to Charge Private Clients for Euro Deposits

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UBS to Charge Private Clients for Euro Deposits UBS will start charging private clients for their euro deposits. Clients will now have to pay 0.6%...

AIA Names New CEO

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AIA Names New CEO  Mark Tucker, the Group Chief Executive and President has announced his intention to retire from his executive positions. He will be...

SFC Fines DBS Vickers Hong Kong

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SFC Fines DBS Vickers Hong Kong The Securities and Futures Commission (SFC) has fined DBS Vickers Hong Kong $2 million for regulatory breaches and internal...

UBS Wealth Management Sets up Special Desk

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UBS Wealth Management Sets up Special Desk UBS Wealth Management has set up a new service to provide specialised financial service in response to foreigners...

EFG to Pay Lesser for BSI

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EFG to Pay Lesser for BSI The purchase price of BSI is subjected to a final adjustment process in the Sale Purchase Agreement on 21st...

DBS Seeking New Chief Investment Officer

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DBS Seeking New Chief Investment Officer DBS Group is looking for a new Chief Investment Officer for its wealth management division to replace Lim Say...

HSBC Appoints Group Chairman

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HSBC Appoints Group Chairman HSBC has appointed Mark Tucker as Director and Group Chairman Designate from 1st September 2017. He will also takeover as Non-Executive...

Julius Baer Hires from Deutsche Private Bank

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Julius Baer Hires from Deutsche Private Bank Julius Baer has hired Ancus Mak & Olive Wang from Deutsche Private Bank. Ancus Mak joins as Director...

MAS Issues Prohibition Orders Against Individuals involved in 1MDB Related Matters

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MAS Issues Prohibition Orders Against Individuals involved in 1MDB Related Matters The Monetary Authority of Singapore (MAS) has issued a 10 year Prohibition Order against...

Singapore’s CPFIS-Included Funds Gained 1.32% for Q4 2016

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Singapore’s CPFIS-Included Funds Gained 1.32% for Q4 2016 Thomson Reuters Lipper reported an average of 1.32% gained in Q4 2016 for all CPFIS-included funds.  CPFIS-included...