DBS Group Net Profit at $2.35 Billion in 1st Half 2017
DBS Group Net Profit at $2.35 Billion in 1st Half 2017
DBS Group achieved record net profit of SGD 2.35 billion for first-half 2017, up...
Standard Life Sells Hong Kong Arm
Standard Life Sells Hong Kong Arm
Standard Life has agreed to sell its Hong Kong arm, Standard Life Asia to Chinese joint venture, Heng An...
Asia’s Big Private Banks Increase Assets Under Management
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%...
Janus Capital’s Former Head of Asia to Depart
Janus Capital’s Former Head of Asia to Depart
Gigi Chan, the Chief Operating Officer and Head of Asia-Pacific will leave at end of July after...
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...
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...
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...
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...
