RHB & AmBank in Merger Talks

RHB & AmBank in Merger Talks Malaysia’s RHB Bank and AMMB Holdings (AmBank) are starting merger talks to form a group worth about US$9 billion....

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...

Former CIMB Banker Admits Insider Trades

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Former CIMB Banker Admits Insider Trades Alan Tay Yeow Kee, a former CIMB Group Holdings Bhd. banker, admitted to insider trading on two stocks before...

JP Morgan Australia CEO Steps Down

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JP Morgan Australia CEO Steps Down JP Morgan Australia CEO Rob Priestley is stepping down after 15 years. He will be handing over his responsibilities...

OCBC Reports 1st Quarter Results

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...

HSBC Releases 1st Quarter Results

HSBC Releases 1st Quarter Results HSBC reported profit before tax of $5 billion, down 19% or $1.1 billion from a year ago.  This was due...

DBS Reports 1st Quarter Results

DBS Reports 1st Quarter Results  DBS Group’s net profit for the first quarter of 2017 was SGD 1.21 billion, up 1% from a year ago. ...

Standard Chartered Releases 1st Quarter Results

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Standard Chartered Releases 1st Quarter Results Retail banking income of $1.2 billion was up 2% year on year and 1% quarter and quarter. This was...

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...

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...