The former consumer banking head at OCBC joins as chief executive officer of Prudential Singapore.
As part of its network reconfiguration, Citi is shuttering its iconic branch at McDonald House on 28 February.
Either Tidjane Thiam remains as CEO of Credit Suisse – or Chairman Urs Rohner will be voted out: the bank's largest shareholder is spearheading a campaign of fellow investors.
In line with its ongoing focus on sustainability, Pictet announced in its annual results that it would reduce balance sheet exposure to fossil fuel-related assets to zero by the end of this year.
He will leave in several months to become the chief executive of the business incubator and innovation consultancy firm founded by inventor Ray Kurzweil and engineer Peter Diamandis.
Credit Suisse's annual invite-only investor event in Hong Kong will no longer go ahead over fears of the spreading coronavirus.
Singaporean banks continue tapping into the growing sustainable finance market with the latest $44 million loan secured by Burmese developer Shwe Taung Group – the first in the country.
The asset manager with around $600 million under management, which also offers advisory and discretionary wealth management services, is redomiciling its flagship fund to Singapore.
The early-stage venture capital fund focused on Southeast Asia, Indonesia and Japan has hired a venture adviser as it plans to bolster its portfolio and generate more impact for Indonesia’s thriving start-up space.
Regulators in Hong Kong did not respond favorably to the accounting sector's call for a blanket extension of financial reporting due to travel and the work restrictions caused by the coronavirus outbreak.
Ping An’s fintech arm, One Connect, appoints three seasoned members to form its inaugural advisory panel based in Singapore.
He replaces Simon Clarke, as the former CEO steps down after a decade with the firm.
If the spread of the deadly coronavirus outbreak proves to be persistent as it is already beginning to demonstrate, Chinese banks could be hit harder than during the SARS crisis.
The Singapore-based firm, which just raised $6 million in a series A funding round, has hired a former managing director of Deutsche Bank to support its regional growth ambitions.
Credit Suisse CEO Tidjane Thiam is in a desperate situation. It's time to revive the idea of splitting the Suisse from the Credit, finews.com finds – the option isn't as unlikely as it sounds.
A power struggle atop Credit Suisse is likely to end in favor of embattled CEO Tidjane Thiam – who enjoys the support of the wealth manager's weightiest shareholder. The investor is asking for another major change instead.
China's securities regulator attempts to prop equity markets by urging fund managers against selling unless faced with redemption pressures – an untimely move for a country undergoing a landmark opening of its financial sector.
Global reinsurers may face higher levels of risk than life and health insurers in the coronavirus outbreak, as the risk profiles of the former involves higher exposures to mortality and morbidity risks, says rating agency AM Best.
Legal charges against the disgraced Westpac continue accumulating with the second U.S. class-action lawsuit against the lender in a week over its financial crime monitoring.
Grab on Tuesday announced the acquisition of Bento Invest, a Singapore-based Robo-advisory start-up for an undisclosed sum. It allows Grab to kickstart the offering of retail wealth management solutions to users, driver-partners, and merchant-partners via its app.
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