Ex-Currency Traders in Singapore Admit to Cheating

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Ex-Currency Traders in Singapore Admit to Cheating Two ex-currency traders from Deutsche Bank AG and HSBC Holdings Plc has admitted to cheating the banks by...

SGX Appoints New Head of Fixed Income Business

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SGX Appoints New Head of Fixed Income Business SGX has appointed Michael Luk as the new Head of Fixed Income Origination and Sales with effect...

CIMB Adds Seven Staff at Singapore Private Bank

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CIMB Adds Seven Staff at Singapore Private Bank CIMB recently hired seven people at its private bank in Singapore. Five of them recently started and...

OCBC to Buy NAB’s Private Wealth Business in Singapore and Hong Kong

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OCBC to Buy NAB’s Private Wealth Business in Singapore and Hong Kong OCBC has stated that it will buy National Australia Bank’s (NAB) private wealth...

UBS Wealth Management Sets up Special Desk

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UBS Wealth Management Sets up Special Desk UBS Wealth Management has set up a new service to provide specialised financial service in response to foreigners...

S$7.8 Million Losses from Trading with Unlicensed Platforms in 2017 in Singapore

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S$7.8 Million Losses from Trading with Unlicensed Platforms in 2017 in Singapore Monetary Authority of Singapore and Commercial Affairs Department (CAD) of Singapore Police Force...

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...

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...

UOB Receives In-Principle Licence from State Bank of Vietnam

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UOB Receives In-Principle Licence from State Bank of Vietnam UOB is the first Singapore bank to receive in-principle foreign owned subsidiary bank (FOSB) licence from...

New Appointment in UBS Hong Kong

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New Appointment in UBS Hong Kong UBS has appointed Chris Ng as Head of Banking Products, Hong Kong, Investment Products and Services (IPS). He will be...