Credit Suisse Reports CHF 1.6 Billion Profit for 1st Half 2017

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Credit Suisse Reports CHF 1.6 Billion Profit for 1st Half 2017 Credit Suisse reported CHF 1.6 billion in pre-tax income for 1st half 2017 with total...

Lenovo Founder Buys 89.936% of Banque Internationale à Luxembourg (BIL)

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Lenovo Founder Buys 89.936% of Banque Internationale à Luxembourg (BIL) Legends Holdings Corp, has acquired Precision Capital’s 89.936% stake in Banque Internationale à Luxembourg (BIL),...

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...

UOB Reports $1.65 Billion Profit for 1st Half 2017

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UOB Reports $1.65 Billion Profit for 1st Half 2017 UOB Group reported S$1.65 billion profit for 1st half 2017, 5.5% higher than the year before. "...

MAS Issues Prohibition Orders Against Individuals for 1MDB-Related Breaches

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MAS Issues Prohibition Orders Against Individuals for 1MDB-Related Breaches The Monetary Authority of Singapore (MAS) has issued a 6 years Prohibition Orders (POs) against Mr...

Newton Investment Manager (BNY Mellon) Creates New Management Structure, New CIO

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Newton Investment Manager (BNY Mellon) Creates New Management Structure, New CIO Newton Investment Management managing A$90 billion and part of BNY Mellon Investment Management, has introduced...

Cazenove Capital is Renamed to Schroders Wealth Management in Asia

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Cazenove Capital is Renamed to Schroders Wealth Management in Asia Schroders has renamed its Wealth Management business in Asia, from Cazenove Capital to Schroders Wealth...

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...

BNP Paribas Asset Management Appoints COO Rakesh Vengayil as Deputy CEO Asia-Pacific

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BNP Paribas Asset Management Appoints COO Rakesh Vengayil as Deputy CEO Asia-Pacific BNP Paribas Asset Management has appointed existing COO, Rakesh Vengayil as the newly...

T. Rowe Price Group Hires Thomas Poullaouec as Head of Multi-Asset Solutions APAC

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T. Rowe Price Group Hires Thomas Poullaouec as Head of Multi-Asset Solutions APAC T. Rowe Price Group has hired Thomas Poullaouec as Head of Multi-Asset Solutions,...