DBS Cuts Executives’ Pay

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DBS Cuts Executives’ Pay DBS has cut senior executives pay by 13% last year and held them accountable for weaknesses in three areas including surging...

China Merchants Bank to Launch Private Bank in Singapore

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China Merchants Bank to Launch Private Bank in Singapore China Merchants Bank is launching a new private bank center in Singapore. It manages about 1.7...

Commercial Affairs Department and Monetary Authority of Singapore Partner to Fight Financial Crime

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Commercial Affairs Department and Monetary Authority of Singapore Partner to Fight Financial Crime The Commercial Affairs Department and Monetary Authority of Singapore launched a partnership...

Former Barclays Asia Pacific CEO Retires

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Former Barclays Asia Pacific CEO Retires Andy Jones, former Barclays chief executive in Asia Pacific is retiring. He was APAC Chief Operating Officer and then...

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...

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...

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...

New Group Head in Julius Baer Southeast Asia

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New Group Head in Julius Baer Southeast Asia  Magdalene Low who joined Julius Baer as Team Head will take up the role as Group Head...

Monetary Authority of Singapore Revokes Capital Markets Services Licence of One Asia Investment Partners

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Monetary Authority of Singapore Revokes Capital Markets Services Licence of One Asia Investment Partners The Monetary Authority of Singapore (MAS) has revoked the capital markets...

Ex-BSI Banker Joins UBP

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Ex-BSI Banker Joins UBP UBP has hired Paras Gupta as Managing Director, Head of Discretionary Portfolio Management, Singapore. Paras will be in charge of leading...