DBS to Pay Compensation for Losses Incurred by Family Trust

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DBS to Pay Compensation for Losses Incurred by Family Trust  DBS has lost part of a case over losses on million of dollars of investments...

LGT Completes Acquisition of ABN AMRO’s Private Banking in Asia and Middle East

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LGT Completes Acquisition of ABN AMRO’s Private Banking in Asia and Middle East LGT has successfully completed the acquisition of ABN AMRO’s private banking business...

EFG International Updates Integration of BSI

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EFG International Updates Integration of BSI  During the first quarter of 2017, EFG International made progress in integrating the acquired business from BSI. Net assets...

UBS Releases 1st Quarter Results

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UBS Releases 1st Quarter Results  UBS delivered strong first-quarter results with an adjusted profit before tax of CHF 1,934m, up 42% year on year. "An adjusted...

Former Asia Chief of Julius Baer to Leave Julius Baer

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Former Asia Chief of Julius Baer to Leave Julius Baer Thomas R. Meier has decided to leave Julius Baer by the end of October 2017...

China Merchants Bank to Launch Private Bank in Singapore

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China Merchants Bank to Launch Private Bank in Singapore China Merchants Bank is launching a new private bank center in Singapore. It manages about 1.7...

OCBC NISP Bank to Launch Private Banking Service in May

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OCBC NISP Bank to Launch Private Banking Service in May OCBC NISP Bank plans to launch a private banking service in May after it received...

Falcon Group Appoints New Chief Risk Officer

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Falcon Group Appoints New Chief Risk Officer Falcon Group has appointed Bruno Meyer as the new Chief Risk Officer and Member of executive Board with...

China Construction Bank Expands Services in Singapore

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China Construction Bank Expands Services in Singapore China Construction Bank has announced the opening of a infrastructure financing services centre and a private banking centre...

Hong Kong & Singapore to Set New Disclosure Rules for Wealth Managers

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Hong Kong & Singapore to Set New Disclosure Rules for Wealth Managers Hong Kong Monetary Authority & Monetary Authority of Singapore are set to launch...