MAS Fine Standard Chartered Bank and Coutts for 1MDB Related AML Breaches

MAS Fine Standard Chartered Bank and Coutts for 1MDB Related AML Breaches The Monetary Authority of Singapore (MAS) has implemented penalties of S$5.2 million and...

ANZ Announces Deputy CEO Graham Hodges Retirement in May 2018

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ANZ Announces Deputy CEO Graham Hodges Retirement in May 2018 ANZ has announced Deputy Chief Executive Officer, Graham Hodge' plan to retire in May 2018...

HSBC Announces John Flint as Future Group CEO in 2018

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HSBC Announces John Flint as Future Group CEO in 2018 HSBC Holdings has announced the next Group CEO to be effective from 21st February 2018...

Standard Chartered Reports 2016 Results

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Standard Chartered Reports 2016 Results Standard Chartered reported an operating income of $13.8 billion in 2016. It was down 11% compared to 2015. The private banking...

Japan’s Largest Bank to Consider Cutting Headcount

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Japan’s Largest Bank to Consider Cutting Headcount Mitsubishi UFJ Financial Group is considering cutting about 10,000 positions over a decade as low interest rates and...

ICBC International Forms Strategic Partnership with China Renaissance

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ICBC International Forms Strategic Partnership with China Renaissance Industrial and Commercial Bank of China (ICBC) has formed a strategic partnership with China Renaissance Group, a...

Citi Indonesia Partners with Ashore Asset Management

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Citi Indonesia Partners with Ashore Asset Management Citi Indonesia has signed a memorandum of understanding (MOU) with Ashore Asset Management Indonesia to expand its diversification...

ANZ to Narrow Buyers for Wealth Business

ANZ to Narrow Buyers for Wealth Business ANZ has narrowed a list of companies for its wealth unit which could be worth more than A$4...

SFC Bans Former Citibank Relationship Manager for 3 Years

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SFC Bans Former Citibank Relationship Manager for 3 Years The Securities and Futures Commission (SFC) has banned Yeung Leung Yuen, a former relationship manager of...

Deutsche Bank’s Head of Debt for Asia and Australia Quits

Deutsche Bank’s Head of Debt for Asia and Australia Quits Kevin Burke, Head of Debt for Asia and Australia has left the bank less than...