HSBC Obtains Approval for Securities Joint Venture in China

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HSBC Obtains Approval for Securities Joint Venture in China HSBC has finally been given the approval from the China Securities Regulatory Commission for its securities...

ANZ Axed 2016 Staff Share Bonus

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ANZ Axed 2016 Staff Share Bonus ANZ has scrapped its usual A$1,000 share bonus for staff this year amid cost cutting drive. The bonus cost the...

Fraud and Money Laundering Intelligence Taskforce Launched in Hong Kong

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Fraud and Money Laundering Intelligence Taskforce Launched in Hong Kong  Police in collaboration with the Hong Kong Monetary Authority, the Hong Kong Association of Banks...

SFC Bans Financial Planning Manager For Nine Months

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SFC Bans Financial Planning Manager For Nine Months The Securities and Futures Commission (SFC) has banned Mr Choi Siu Ki, a former financial planning manager...

UOB Receives Preliminary Approval to Set Up a Foreign Owned Subsidiary Bank in Vietnam

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UOB Receives Preliminary Approval to Set Up a Foreign Owned Subsidiary Bank in Vietnam UOB became the first Singapore bank to receive a preliminary approval...

Former Staff of HSBC Banned for Life

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Former Staff of HSBC Banned for Life The Securities and Futures Commission (SFC) has banned Lam Yuk Wai, a former staff of HSBC from entering...

BNP Paribas Reported €4.29 Billion Profit in 1st Half 2017

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BNP Paribas Reported €4.29 Billion Profit in 1st Half 2017 BNP Paribas total group profit hits €4.29 billion in 1st half 2017, an increased of 0.3%...

Deutsche Bank Appoints Christian Sewing as New Chief Executive Officer

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Deutsche Bank Appoints Christian Sewing as New Chief Executive Officer Deutsche Bank has appointed Christian Sewing as Chief Executive Officer.  He replaces John Cryan, who...

Standard Chartered Reports Profit of $1.9 Billion for 1st Half 2017

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Standard Chartered Reports Profit of $1.9 Billion for 1st Half 2017 Standard Chartered reported profit of $1.9 billion for 1st half 2017. Wealth Management's business generated...

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...