UBP Net Profit Increases 21.6% from 2016
UBP Net Profit Increases 21.6% from 2016
Net profit at the end of June 2017 was CHF 109.5 million, up 21.6% from CHF 89.9 million...
Aberdeen Standard Investments Hires Amy Wang as Head of China
Aberdeen Standard Investments Hires Amy Wang as Head of China
Newly merged Aberdeen Standard Investments has hired Amy Wang as Head of China. She will...
HSBC Holdings Reported $10.2 Billion Profit for 1st Half 2017
HSBC Holdings Reported $10.2 Billion Profit for 1st Half 2017
HSBC Holdings reported $10.2 billion profit for 1st half 2017, up $0.5 billion or 5%...
OCBC Reports 1st Quarter Results
OCBC Reports 1st Quarter Results
OCBC reported a net profit after tax of S$973 million for the first quarter of 2017. This was 14% above...
Bank of Singapore Opens Branch in Middle East
Bank of Singapore Opens Branch in Middle East
Bank of Singapore has opened the branch in Dubai International Financial Centre. (DIFC) The branch is led...
Tightened Regulation in China Slows Wealth Management Product Issuance
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...
Former RBC Trader Starts Hedge Fund
Former RBC Trader Starts Hedge Fund
Damian Edwards, a former managing director at Royal Bank of Canada is starting an Asian event-drive hedge fund. The...
Japan’s Largest Bank to Consider Cutting Headcount
Japan’s Largest Bank to Consider Cutting Headcount
Mitsubishi UFJ Financial Group is considering cutting about 10,000 positions over a decade as low interest rates and...
EFG International Reports 1st Half 2017 Results
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...
VP Bank to Double Headcount
VP Bank to Double Headcount
CEO of VP Bank in Singapore Bruno Morel plans to increase staff numbers. VP bank has developed a strong franchise...
