Lombard Odier Names Asia CEO

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Lombard Odier Names Asia CEO Lombard Odier has appointed Vincent Magnenat as the new Asia CEO. He will replace Vincent Duhamel who is the firm’s...

Standard Chartered Reports 2016 Results

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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...

First State Investments Expands Team

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First State Investments Expands Team First State Investments has appointed two executives in North Asia. Gladys Chan joins as Director, Private Bank Distribution for North Asia. She...

Bank of China (HK) to Convert Current Building to Regional Headquarters

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Bank of China (HK) to Convert Current Building to Regional Headquarters Bank of China (HK) will be converting its current historical old Bank of China...

DBS Reports 2016 Results

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DBS Reports 2016 Results DBS Group reported a net profit of SGD 4.24 billion for 2016, 2% lower than 2015 as it was offset by...

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...

Ex-Forex Traders Sentenced to Jail

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Ex-Forex Traders Sentenced to Jail  Former currency traders from Deutsche Bank AG & HSBC Holdings were sentenced to jail term for as long as 15...

Ex-BSI Banker Sentenced to 54 Months in Jail

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Ex-BSI Banker Sentenced to 54 Months in Jail Yeo Jiawei has admitted to charges including money laundering and played a role in transactions involving 1MDB...

MAS Issues Prohibition Orders Against Individuals involved in 1MDB Related Matters

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MAS Issues Prohibition Orders Against Individuals involved in 1MDB Related Matters The Monetary Authority of Singapore (MAS) has issued a 10 year Prohibition Order against...

DBS Seeks Bids for Non-Life Insurance Distribution Deal

DBS Seeks Bids for Non-Life Insurance Distribution Deal  DBS plans to invite bids from insurers who are interested to sell general insurance products across the...