DBS Reports 1st Quarter Results

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DBS Reports 1st Quarter Results  DBS Group’s net profit for the first quarter of 2017 was SGD 1.21 billion, up 1% from a year ago. ...

Top Executives in Standard Life and Aberdeen to Share £35m Bonus Pot

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Top Executives in Standard Life and Aberdeen to Share £35m Bonus Pot Some of the top asset managers in Standard Life and Aberdeen Asset Management...

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...

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...