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...

Bank of Singapore to Increase Minimum Entry Level for High Net Worth Clients

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Bank of Singapore to Increase Minimum Entry Level for High Net Worth Clients Bank of Singapore intends to hire more relationship managers and focus on...

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...

Swiss Banker is First Foreigner Jailed in Singapore for 1MDB scandal

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Swiss Banker is First Foreigner Jailed in Singapore for 1MDB scandal Jens Fred Sturzenegger who was in charge of the Singapore branch of Falcon Private...

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...

Ex-BSI Banker Sentenced to 54 Months in Jail

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Ex-BSI Banker Sentenced to 54 Months in Jail Yeo Jiawei has admitted to charges including money laundering and played a role in transactions involving 1MDB...

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...

Senior Banker Leaving Standard Chartered Private Bank

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Senior Banker Leaving Standard Chartered Private Bank The Head of Investment Advisory for Southeast Asia at Standard Chartered Private Bank is leaving. Mario Becker has...

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,...

Ex Head of ABN Amro Private Banking Joins EFG

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Ex Head of ABN Amro Private Banking Joins EFG  EFG Singapore has hired Lee Chang Tze as Deputy CEO & Co Head of Private Bank....