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%...

Tightened Regulation in China Slows Wealth Management Product Issuance

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Tightened Regulation in China Slows Wealth Management Product Issuance The outstanding balance of wealth management products (WMPs) distributed by banks reached reached 30 trillion yuan...

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...

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...

Aberdeen Asset Management Launches 5 New Funds in Singapore

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Aberdeen Asset Management Launches 5 New Funds in Singapore Aberdeen Asset Management has launched five funds including multi asset funds simultaneously for sale to the...

St James’s Place Wealth Management Asia Appoints Enzio Von Pfeil as Partner

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St James’s Place Wealth Management Asia Appoints Enzio Von Pfeil as Partner St. James’s Place Wealth Management Asia has appointed Enzio Von Pfeil as Partner...

EFG International Reports 1st Half 2017 Results

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EFG International Reports 1st Half 2017 Results EFG International reports CHF 138.4 billion Assets under Management at the end of first half 2017. The underlying...

Vistra Acquires Indonesian Based Corporate Service Provider Global Expandia 

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Vistra Acquires Indonesian Based Corporate Service Provider Global Expandia  Vistra, a leading corporate service providers of incorporations, trust and fund administration services has acquired Global...

EFG International Updates Integration of BSI

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EFG International Updates Integration of BSI  During the first quarter of 2017, EFG International made progress in integrating the acquired business from BSI. Net assets...