OCBC Group Reports Quarter 2 2017 Results
OCBC Group Reports Quarter 2 2017 Results
OCBC Group reported a net profit of S$1.08 billion in Q2 2017 and for 1st half 2017, S$2.06 billion.
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UOB Receives In-Principle Licence from State Bank of Vietnam
UOB Receives In-Principle Licence from State Bank of Vietnam
UOB is the first Singapore bank to receive in-principle foreign owned subsidiary bank (FOSB) licence from...
ANZ in Deal to Sell AmBank Stake for US$900 Million
ANZ in Deal to Sell AmBank Stake for US$900 Million
Australia and New Zealand Banking Group is near a deal to sell its Malaysian banking...
ANZ to Narrow Buyers for Wealth Business
ANZ to Narrow Buyers for Wealth Business
ANZ has narrowed a list of companies for its wealth unit which could be worth more than A$4...
HSBC Obtains Approval for Securities Joint Venture in China
HSBC Obtains Approval for Securities Joint Venture in China
HSBC has finally been given the approval from the China Securities Regulatory Commission for its securities...
DBS Launches Financial Planning Centre Offering Free Advisory Services
DBS Launches Financial Planning Centre Offering Free Advisory Services
DBS today launched “NAV Hub”, Singapore’s first financial planning centre which offers free advisory services, with...
Japan’s Largest Bank to Consider Cutting Headcount
Japan’s Largest Bank to Consider Cutting Headcount
Mitsubishi UFJ Financial Group is considering cutting about 10,000 positions over a decade as low interest rates and...
Tightened Regulation in China Slows Wealth Management Product Issuance
Tightened Regulation in China Slows Wealth Management Product Issuance
The outstanding balance of wealth management products (WMPs) distributed by banks reached reached 30 trillion yuan...
Hang Seng Bank CEO to Retire
Hang Seng Bank CEO to Retire
Ms Rose W M Lee will retire from Hang Seng bank and will cease to be Vice Chairman and...
Hong Kong Private Wealth Management Industry Adopts the Treat Customers Fairly Charter
Hong Kong Private Wealth Management Industry Adopts the Treat Customers Fairly Charter
The Hong Kong Monetary Authority (HKMA) and the Private Wealth Management Association (PWMA)...
