DBS to Pay Compensation for Losses Incurred by Family Trust

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DBS to Pay Compensation for Losses Incurred by Family Trust  DBS has lost part of a case over losses on million of dollars of investments...

Vontobel Enters into Strategic Agreement with Bank of Singapore

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Vontobel Enters into Strategic Agreement with Bank of Singapore The agreement now allows Bank of Singapore clients to place their assets in Vontobel’s booking centre...

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...

UOB Reports 2016 Results

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UOB Reports 2016 Results UOB reported net earnings of S$3.10 billion for 2016, 3.5% lower than 2015. Total income was stable at S$8.06 billion. In the...

Morningstar Named as Best Market Intel Provider by Asian Private Banker

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Morningstar Named as Best Market Intel Provider by Asian Private Banker  This year, Asian Private Banker looked at more than 100 submissions across 16 categories...

ANZ Appoints Chief Economist for South East Asia & India

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ANZ Appoints Chief Economist for South East Asia & India ANZ has appointed Sanjay Mathur as its Chief Economist for South East Asia and India....

PIMCO Names New Head of Asia ex-Japan

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PIMCO Names New Head of Asia ex-Japan PIMCO has named Michael Thompson, Executive Vice President as Head of Asia ex-Japan. He currently heads the Singapore’s...

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...

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...

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...