UBS Aiming for Mid-Tier Asian Millionaires
UBS Aiming for Mid-Tier Asian Millionaires
UBS plans to hire about 100 wealth management client advisors in Hong Kong over the next two years as...
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...
Deutsche Bank Reports Net Loss of 1.9 Billion Euros
Deutsche Bank Reports Net Loss of 1.9 Billion Euros
Deutsche Bank reported a net loss of €1.9 billion for the fourth quarter of 2016 due...
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%...
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...
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...
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...
