MAS Fine Standard Chartered Bank and Coutts for 1MDB Related AML Breaches

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MAS Fine Standard Chartered Bank and Coutts for 1MDB Related AML Breaches The Monetary Authority of Singapore (MAS) has implemented penalties of S$5.2 million and...

DBS Cuts a Dozen Jobs at Brokerage Unit

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DBS Cuts a Dozen Jobs at Brokerage Unit DBS cut at least 12 jobs across Asia at its brokerage unit as the volume of shares...

UBS Hong Kong Announces Internal Move

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UBS Hong Kong Announces Internal Move UBS Hong Kong has announced that Michael Christo will be joining the Hong Kong Domestic Kowloon Team as Desk...

Standard Chartered Regional CEO Steps Down

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Standard Chartered Regional CEO Steps Down Ajay Kanwal will step down from his role as Regional CEO, Asean and South Asia of Standard Chartered with...

Bank of Singapore Completes Acquisition of Barclays Singapore & Hong Kong

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Bank of Singapore Completes Acquisition of Barclays Singapore & Hong Kong Bank of Singapore has completed the acquisition of the wealth and investment management of...

Kensington Trust Group Granted Licence by Monetary Authority of Singapore

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Kensington Trust Group Granted Licence by Monetary Authority of Singapore Kensington Trust Group (KTG), the Asian associate of private and institutional client service provider JTC...

BNY Mellon Appoints Head of Intermediary Distribution

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BNY Mellon Appoints Head of Intermediary Distribution BNY Mellon Investment Management has appointed Chris Tse as Head of Intermediary Distribution, Hong Kong. He will work...

J Safra Sarasin Appoints New Head of EAMs

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J Safra Sarasin Appoints New Head of EAMs J Safra Sarasin has appointed Peter Bühler as Managing Director & Head External Asset Managers & Intermediaries,...

Singapore Private Banks to Disclose Charges in Bond Sales

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Singapore Private Banks to Disclose Charges in Bond Sales Private banks in future will have to disclose all fees, charges and rebates in bond sales...