Three Singapore Based Hedge Funds Give Up Old Fee Model
Three Singapore Based Hedge Funds Give Up Old Fee Model
Three Singapore based hedge funds are moving away from from the old fee model known...
Falcon Private Bank Posts Loss for 2016
Falcon Private Bank Posts Loss for 2016
Falcon Private Bank has posted a 130 million loss in 2016. This loss came on efforts to cut...
UBS to Charge Private Clients for Euro Deposits
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%...
EFG to Pay Lesser for BSI
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...
Singapore’s CPFIS-Included Funds Gained 1.32% for Q4 2016
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...
Lombard Odier Reports 2016 Results
Lombard Odier Reports 2016 Results
Operating income for 2016 was CHF 1.04 billion, 3% lower in 2015. Consolidated net profit also fell 13% to CHF...
VP Bank Reports 2016 Results
VP Bank Reports 2016 Results
VP Bank generated a positive group net income for 2016, equalling CHF 58 million. VP Bank has also recorded an...
J Safra Sarasin Announces 2016 Results
J Safra Sarasin Announces 2016 Results
J Safra Sarasin has reported an increase of 9.4% in net profit from CHF 230.5 million in 2015 to...
Standard & Poor’s Maintains A- rating for VP Bank
Standard & Poor’s Maintains A- rating for VP Bank
Standard & Poor’s has confirmed VP Bank’s A- rating and improved its outlook from Stable to...
Standard Chartered Reports 2016 Results
Standard Chartered Reports 2016 Results
Standard Chartered reported an operating income of $13.8 billion in 2016. It was down 11% compared to 2015.
The private banking...
