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...

Standard Chartered Releases 1st Quarter Results

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Standard Chartered Releases 1st Quarter Results Retail banking income of $1.2 billion was up 2% year on year and 1% quarter and quarter. This was...

US Prosecutors Investigating Ex- Goldman Sachs Banker Account

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US Prosecutors Investigating Ex- Goldman Sachs Banker Account U.S prosecutors are now investigating the money flow through accounts linked to Tim Leisssner, the lead banker...

DBS Cuts Executives’ Pay

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DBS Cuts Executives’ Pay DBS has cut senior executives pay by 13% last year and held them accountable for weaknesses in three areas including surging...

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...

Pictet Asset Management Appoints Investment Manager

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Pictet Asset Management Appoints Investment Manager  Pictet Asset Management has appointed Andy Wong as co-manager for Pictet Strategic Income with immediate effect. He will co-manage...

Commercial Affairs Department and Monetary Authority of Singapore Partner to Fight Financial Crime

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Commercial Affairs Department and Monetary Authority of Singapore Partner to Fight Financial Crime The Commercial Affairs Department and Monetary Authority of Singapore launched a partnership...

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...

Malaysia and Abu Dhabi Reach Deal on 1MDB Debt

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Malaysia and Abu Dhabi Reach Deal on 1MDB Debt Malaysia and Abu Dhabi have reached an agreement for a partial debt settlement for 1Malaysia Development...