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...

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...

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...

Former Barclays Asia Pacific CEO Retires

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Former Barclays Asia Pacific CEO Retires Andy Jones, former Barclays chief executive in Asia Pacific is retiring. He was APAC Chief Operating Officer and then...

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...

Citi Indonesia Partners with Ashore Asset Management

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Citi Indonesia Partners with Ashore Asset Management Citi Indonesia has signed a memorandum of understanding (MOU) with Ashore Asset Management Indonesia to expand its diversification...

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...

Credit Suisse Asset Management Hires Ex-BlackRock Personnel

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Credit Suisse Asset Management Hires Ex-BlackRock Personnel  Credit Suisse Asset Management (CSAM) has hired Christina Kautzky as Head of Third Party Distribution for Asia except...