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. "...

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%...

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...

Bank of Singapore to Increase Minimum Entry Level for High Net Worth Clients

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Bank of Singapore to Increase Minimum Entry Level for High Net Worth Clients Bank of Singapore intends to hire more relationship managers and focus on...

Deutsche Bank Announces IPO of EUR 700 billion Asset Management Business DWS Group

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Deutsche Bank Announces IPO of EUR 700 billion Asset Management Business DWS Group Deutsche Bank has announced its plan to list its Asset Management business,...

MAS Board of Directors Re-appoints DPM Tharman as Chairman

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MAS Board of Directors Re-appoints DPM Tharman as Chairman Monetary Authority of Singapore (MAS) has re-appointed Deputy Prime Minister and Coordinating Minister for Economic and...

UBS to Charge Private Clients for Euro Deposits

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UBS to Charge Private Clients for Euro Deposits UBS will start charging private clients for their euro deposits. Clients will now have to pay 0.6%...

Former HSBC SVP Pleads Guilty of Cheating $5.2 Million Via Non-Existent Investments

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Former HSBC SVP Pleads Guilty of Cheating $5.2 Million Via Non-Existent Investments A former SVP of HSBC has pleaded guilty on 1st June 2018 for...

BNY Mellon Investment Management Boutique Wins Commonwealth Bank Mandate

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BNY Mellon Investment Management Boutique Wins Commonwealth Bank Mandate Newton Investment Management, part of BNY Mellon Investment Management was awarded a mandate from Commonwealth Bank...

Lombard Odier Reports 2016 Results

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Lombard Odier Reports 2016 Results Operating income for 2016 was CHF 1.04 billion, 3% lower in 2015. Consolidated net profit also fell 13% to CHF...