DBS Cuts a Dozen Jobs at Brokerage Unit

DBS Cuts a Dozen Jobs at Brokerage Unit DBS cut at least 12 jobs across Asia at its brokerage unit as the volume of shares...

SFC Bans Former Employee of Citibank for Six Months

SFC Bans Former Employee of Citibank for Six Months The Securities and Futures Commission (SFC) has banned Mr Cheung Kwan Po, an ex-employee of Citibank...

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...

SFC Fines DBS Vickers Hong Kong

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SFC Fines DBS Vickers Hong Kong The Securities and Futures Commission (SFC) has fined DBS Vickers Hong Kong $2 million for regulatory breaches and internal...

Hang Seng Bank Profit Up 23% to HKD 11.6 Billion

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Hang Seng Bank Profit Up 23% to HKD 11.6 Billion Hang Seng Bank profit rose 23% to HKD 11.6 billion.  Retail Banking and Wealth Management...

Appointment of Head of Markets and Securities Services in Citi Hong Kong

Appointment of Head of Markets and Securities Services in Citi Hong Kong Citi has appointed David Russell as Head of Markets and Securities Services for...

HSBC Announces 2016 Results

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HSBC Announces 2016 Results HSBC announced a 62% drop in pre-tax profits for 2016 due to one time charges and uncertainties caused by significant and...

Commonwealth Bank of Australia CEO to Retire End of FY 2018

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Commonwealth Bank of Australia CEO to Retire End of FY 2018 The Chairman of the Commonwealth Bank of Australia, Catherine Livingstone AO announced Managing Director...

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...

ANZ in Deal to Sell AmBank Stake for US$900 Million

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ANZ in Deal to Sell AmBank Stake for US$900 Million Australia and New Zealand Banking Group is near a deal to sell its Malaysian banking...