DBS & UBS Fined by MAS

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DBS & UBS Fined by MAS MAS has imposed penalties amounting to S$1 million on DBS for 10 breaches and S$1.3 million on UBS for...

Head of Deutsche Wealth Management in Asia Leaves

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Head of Deutsche Wealth Management in Asia Leaves  Ravi Raju, the Hong Kong based Head of Deutsche Bank Wealth Management APAC has left for another...

ABN AMRO Contemplating Sale of its Asia Private Banking Business

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ABN AMRO Contemplating Sale of its Asia Private Banking Business ABN AMRO NV is exploring the sale of its Asia Private Banking Business. This is...

Falcon Private Bank Shut Down in Singapore

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Falcon Private Bank Shut Down in Singapore  The Monetary Authority of Singapore has closed Falcon Private Bank, citing poor controls and conduct related to 1MDB....

Henderson Group & Janus Capital to Merge

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Henderson Group & Janus Capital to Merge Henderson Group & Janus Capital have announced an all share merge which would give the group a market...

Hedge Fund Assets in Singapore Grew at Slowest Pace in Three Years

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Hedge Fund Assets in Singapore Grew at Slowest Pace in Three Years Assets under management by Singapore hedge funds grew by 11% to S$119 billion...

Asia to be Julius Baer Second Home Market

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Asia to Be Julius Baer Second Home Market Asia is poised to be Julius Baer second home market. The region’s pool of investable assets held by High Net...

Singapore Asset Management Grew by 9% in 2015

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Singapore Asset Management Grew by 9% in 2015 Total assets managed in Singapore grew 9% in 2015 to reach a total of 2.6 trillion dollars....

Falcon Private Bank is Not up for Sale Amid 1MDB Probe

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Falcon Private Bank is Not up for Sale Amid 1MDB Probe Sovereign Wealth Fund International Petroleum Investment Co (IPIC) which owns Falcon Private Bank has...

Credit Suisse Appoints New Head of Wealth Management Thailand

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Credit Suisse Appoints New Head of Wealth Management Thailand Credit Suisse has announced the new Head of Wealth Management Thailand. Thippa Praneeprachachon will lead a...