Commonwealth Bank of Australia Has Not Been Served Any Legal Proceedings

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Commonwealth Bank of Australia Has Not Been Served Any Legal Proceedings Commonwealth Bank (CBA) are aware that Maurice Blackburn and IMF Bentham are investigating a potential...

ANZ Removes Sales Incentives of Financial Planning Bonuses

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ANZ Removes Sales Incentives of Financial Planning Bonuses ANZ has announced industry-leading initiatives to improve the quality of financial planning and customer remediation when things...

EFG Asset Management’s New Capital Swiss Select Equity Fund Celebrates Top Rankings

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EFG Asset Management’s New Capital Swiss Select Equity Fund Celebrates Top Rankings EFG Asset Management’s New Capital Swiss Select Equity Fund passed its 3rd year...

Rothschild & Co Releases Financial Results for Year 2016/2017

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Rothschild & Co Releases Financial Results for Year 2016/2017 Rothschild Private Wealth & Asset Management revenue for the year to March 2017 was €405 million,...

Monetary Authority of Singapore Plans Increase of Deposit Insurance from $50,000 to $75,000 in...

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Monetary Authority of Singapore Plans Increase of Deposit Insurance from $50,000 to $75,000 in 2019 The Monetary Authority of Singapore (MAS) has finalised proposed enhancements...

Hong Kong SFC Appoints Julia Leung as Deputy CEO

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Hong Kong SFC Appoints Julia Leung as Deputy CEO The Securities and Futures Commission (SFC) has appointed Julia Leung as Deputy Chief Executive Officer and reappointed Julia Leung as...

OCBC Group Reports Quarter 2 2017 Results

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OCBC Group Reports Quarter 2 2017 Results OCBC Group reported a net profit of S$1.08 billion in Q2 2017 and for 1st half 2017, S$2.06 billion. "...

Global HNWI Population Grew by 7.5%, Wealth by 8.2%

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Global HNWI Population Grew by 7.5%, Wealth by 8.2% In the World Wealth Report 2017 released by Capgemini, global HNWI population (Asia-Pacific, North America and...

Asia’s Big Private Banks Increase Assets Under Management

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Asia’s Big Private Banks Increase Assets Under Management According to Asian Private Banker, assets managed by the regions’ top 20 private banks grew by 6.1%...

Switzerland Begins Consultation on Anti-Money Laundering Act and to Enforce Mandatory Verification of UBO

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Switzerland Begins Consultation on Anti-Money Laundering Act and to Enforce Mandatory Verification of UBO The Federal Council (Switzerland) has initiated consultation on amendments to the...