Falcon Private Bank Banned from Taking Singapore Business

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Falcon Private Bank Banned from Taking Singapore Business Falcon Private Bank has been blocked by the financial regulator of Singapore from taking on new assets...

CIC Granted License in Hong Kong

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CIC Granted License in Hong Kong Hong Kong Monetary Authority (HKMA) has granted a banking license to Credit Industriel et Commercial (CIC) under the Banking...

ANZ to Review Retail Unit in Asia

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ANZ to Review Retail Unit in Asia Australian and New Zealand (ANZ) Banking Group is reviewing the company's retail operations in Asia as it continues...

Hong Kong Court Rules Against OCBC in Mis-Selling

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Hong Kong Court Rules Against OCBC in Mis-Selling Hong Kong’s High Court ruled against Oversea-Chinese Banking Corp.’s private bank in a mis-selling case, saying the...

Standard Chartered Private Bank Hires Two Seniors in Hong Kong

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Standard Chartered Private Bank Hires Two Seniors in Hong Kong Standard Chartered Private Bank has hired two senior appointments in Hong Kong.  Michael Yong-Haron has joined...

EFG International to Pay Less for BSI

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EFG International to Pay Less for BSI EFG International has indicated that it will pay less to acquire BSI after clients pull assets out from the...

Clients Pull Money Out From BSI

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Clients Pull Money Out From BSI BSI private banking suffered a 6.3 billion Swiss francs of outflow in the last 3 months after the private bank...

BNP Paribas Investment Partners Appoints New Head

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BNP Paribas Investment Partners Appoints New Head BNP Paribas Investment Partners has named the former Head of Wealth Advisory at Blackrock as the new head of...

Billionaires in the World Now Hold Combined Wealth of US$7.7 trillion

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Billionaires in the World Now Hold Combined Wealth of US$7.7 trillion The 3rd edition of Wealth X report indicates there are now a total of...

DBS Wealth Management Reports Record High Income

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DBS Wealth Management Reports Record High Income DBS wealth management has reported record high in its second quarter earnings result. First half income from wealth management...