The Malaysian government has released a statement responding to the latest legal filing by Goldman Sachs in London.
The investment management arm of Dallas-headquartered CBRE has hired a new managing director in Sydney.
New York-headquartered Blackstone has announced the appointment of a new head of private wealth for the Asia Pacific region.
Formula One impresario Bernie Ecclestone pleaded guilty to a criminal tax fraud charge. He was given a suspended sentence in a case involving hundreds of millions of dollars held at Julius Baer in Singapore.
London-headquartered HSBC has announced the appointment of a head of commercial banking in Singapore.
Delhi-based Bharti Group will acquire French insurer AXA’s stake in an Indian joint venture that has lasted for nearly two decades.
Citi’s board members are scheduled to meet in Singapore next week for the first time since 2011.
The adverse reports surrounding the UBS/Credit Suisse merger are increasing, and now a parliamentary inquiry on Credit Suisse is starting. That makes it all the more critical for UBS to maintain its momentum—one person in particular stands for this.
A growing number of global banks are combining various business segments with the aim of servicing private clients across the full wealth continuum. This is a «superior model» compared to the standalone private bank, according to Standard Chartered’s Marc Van de...
Melbourne-headquartered ANZ’s chief executive officer said that Singapore has been a relative winner of business compared to Hong Kong.
New York-based Goldman Sachs is suing Malaysia over a disagreement in the 1MDB settlement deal. This follows comments from Prime Minister Anwar Ibrahim about the possibility of legal action.
The Financial Stability Board questioned the decisions made during the Credit Suisse crisis, ultimately leading to its takeover by UBS. Alternatives were available, but that would have meant a liquidation, not a bailout.
Originally a lucrative enterprise, UBS is packing its bags and bidding farewell to its municipal bond issuance business in the US. Staff cuts will follow.
The big bankruptcies and scandals of 2022 didn't occur in the crypto industry this year. But the industry is still suffering badly from the aftermath.
Profitability at banks worldwide benefitted from rising rates in 2022, according to a report by McKinsey & Co., with markets around the Indian Ocean emerging as the global leaders.
Chinese internet trading firm Tiger Brokers has announced the appointment of a chief executive officer for its Singapore unit.
Long-serving UBS executives and experienced front-line staff are increasingly turning their backs on the institution. There are several reasons at play.
The evolving economic landscape of India has boosted the number of wealthy individuals in the world’s most populous country, according to a rich list by Hurun.
The forced takeover of Credit Suisse left many losers among investors in its wake.
US and Chinese cities topped the ranks worldwide as homes to the largest population of centi-millionaires, according to a report by investment immigration consultancy Henley & Partners.
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