Singapore Life Approved as Fully Licensed Direct Life Insurer by MAS

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Singapore Life Approved as Fully Licensed Direct Life Insurer by MAS Singapore Life Pte Ltd has been approved as a fully licensed direct life insurer...

Bank Mandiri Targets Singapore Private Banking Business

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Bank Mandiri Targets Singapore Private Banking Business Bank Mandiri which operates in Singapore as an offshore bank plans to apply for another licence to run...

Central Provident Fund Investment Scheme-Included Funds Delivered 5.10% on Average in Q1 2017

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Central Provident Fund Investment Scheme-Included Funds Delivered 5.10% on Average in Q1 2017 Thomson Reuters Lipper announced its findings on the performance of all unit...

Bank of Singapore to Increase Minimum Entry Level for High Net Worth Clients

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Bank of Singapore to Increase Minimum Entry Level for High Net Worth Clients Bank of Singapore intends to hire more relationship managers and focus on...

EFG Asset Management Partners with GQG Partners LLC

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EFG Asset Management Partners with GQG Partners LLC EFG Asset Management (EFGAM) has partnered with GQG Partners LLC as exclusive distributor of the GQG Partners...

Credit Suisse and UOB Fined by MAS

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Credit Suisse and UOB Fined by Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) has imposed financial penalties on Credit Suisse and United...

Former CIMB Banker Admits Insider Trades

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Former CIMB Banker Admits Insider Trades Alan Tay Yeow Kee, a former CIMB Group Holdings Bhd. banker, admitted to insider trading on two stocks before...

Fifth Person Involved in 1MDB-Related Case Gets Convicted in Singapore

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Fifth Person Involved in 1MDB-Related Case Gets Convicted in Singapore Kelvin Ang, a former broker with Kim Eng Securities till 2015 was fined US$6,477 after...

Lombard Odier Names Asia CEO

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Lombard Odier Names Asia CEO Lombard Odier has appointed Vincent Magnenat as the new Asia CEO. He will replace Vincent Duhamel who is the firm’s...

Schroders Names New Head of Private Banks Distribution

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Schroders Names New Head of Private Banks Distribution Schroders has appointed Zal Devitre as Head of Private Banks distribution and global financial client group. "He was...