Fifth Person Involved in 1MDB-Related Case Gets Convicted in Singapore

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Fifth Person Involved in 1MDB-Related Case Gets Convicted in Singapore Kelvin Ang, a former broker with Kim Eng Securities till 2015 was fined US$6,477 after...

Credit Suisse and UOB Fined by MAS

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Credit Suisse and UOB Fined by Monetary Authority of Singapore The Monetary Authority of Singapore (MAS) has imposed financial penalties on Credit Suisse and United...

Singapore Life Approved as Fully Licensed Direct Life Insurer by MAS

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Singapore Life Approved as Fully Licensed Direct Life Insurer by MAS Singapore Life Pte Ltd has been approved as a fully licensed direct life insurer...

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...

Three Singapore Based Hedge Funds Give Up Old Fee Model

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Three Singapore Based Hedge Funds Give Up Old Fee Model Three Singapore based hedge funds are moving away from from the old fee model known...

Schroders Names New Head of Private Banks Distribution

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Schroders Names New Head of Private Banks Distribution Schroders has appointed Zal Devitre as Head of Private Banks distribution and global financial client group. "He was...

EFG Asset Management Partners with GQG Partners LLC

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EFG Asset Management Partners with GQG Partners LLC EFG Asset Management (EFGAM) has partnered with GQG Partners LLC as exclusive distributor of the GQG Partners...

OCBC Reports 1st Quarter Results

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OCBC Reports 1st Quarter Results  OCBC reported a net profit after tax of S$973 million for the first quarter of 2017. This was 14% above...

Ex-BSI Banker Yeo Jiawei Convicted

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Ex-BSI Banker Yeo Jiawei Convicted Yeo Jiawei, a former banker at BSI SA was convicted of obstructing justice in singapore’s probe linked to 1Malaysia Development...

J Safra Sarasin Appoints Executive Director

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J Safra Sarasin Appoints Executive Director J Safra Sarasin has appointed Sumit Chaturvedi as Executive Director. Previously he was a Team Head at ANZ managing...