UOB Reports 2016 Results

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UOB Reports 2016 Results UOB reported net earnings of S$3.10 billion for 2016, 3.5% lower than 2015. Total income was stable at S$8.06 billion. In the...

SFC Bans Former Employee of HSBC for Life

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SFC Bans Former Employee of HSBC for Life The Securities and Futures Commission(SFC) has banned Ms Li Lee, a former employee of HSBC from entering...

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...

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...

New Chief Investment Officer at ANZ

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New Chief Investment Officer at ANZ ANZ has appointed Mark Rider as Chief Investment Officer for Wealth Australia. He joined in 2013 as Head of...

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...

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...

Deutsche Bank Reports Net Loss of 1.9 Billion Euros

Deutsche Bank Reports Net Loss of 1.9 Billion Euros Deutsche Bank reported a net loss of €1.9 billion for the fourth quarter of 2016 due...

HSBC Holdings Reported $10.2 Billion Profit for 1st Half 2017

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HSBC Holdings Reported $10.2 Billion Profit for 1st Half 2017 HSBC Holdings reported $10.2 billion profit for 1st half 2017, up $0.5 billion or 5%...

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...