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Wednesday, 29 October 2025
Wednesday, 29 October 2025

FINANCE Friday, 13 October 2023 10:59

Malaysia Responds to Goldman’s New 1MDB Filing

The Malaysian government has released a statement responding to the latest legal filing by Goldman Sachs in London.

PEOPLE Friday, 13 October 2023 10:28

CBRE IM Adds Managing Director in Sydney

The investment management arm of Dallas-headquartered CBRE has hired a new managing director in Sydney.

PEOPLE Friday, 13 October 2023 09:39

Blackstone Appoints APAC Head of Private Wealth

New York-headquartered Blackstone has announced the appointment of a new head of private wealth for the Asia Pacific region.

FINANCE Friday, 13 October 2023 09:13

Life in the Fraud Lane: F1 Tycoon Pleads Guilty in Tax Case

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.

PEOPLE Thursday, 12 October 2023 16:57

HSBC Names Singapore Head of Commercial Banking

London-headquartered HSBC has announced the appointment of a head of commercial banking in Singapore. 

FINANCE Thursday, 12 October 2023 15:47

Conglomerate Buys Out AXA in JV

Delhi-based Bharti Group will acquire French insurer AXA’s stake in an Indian joint venture that has lasted for nearly two decades. 

FINANCE Thursday, 12 October 2023 14:28

Citi’s Board Meets in Singapore Next Week

Citi’s board members are scheduled to meet in Singapore next week for the first time since 2011.

FINANCE Thursday, 12 October 2023 13:05

UBS: It's a Question of Momentum

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.

FINANCE Thursday, 12 October 2023 12:21

Marc Van de Walle: Integration is a «Superior Model»

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...

 FINANCE Thursday, 12 October 2023 11:16

ANZ CEO: Singapore is Winning Over Hong Kong

Melbourne-headquartered ANZ’s chief executive officer said that Singapore has been a relative winner of business compared to Hong Kong.

FINANCE Thursday, 12 October 2023 10:27

Goldman Sachs Sues Malaysia in 1MDB Case

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.

FINANCE Thursday, 12 October 2023 09:39

FSB: Other Options Existed for Credit Suisse Takeover

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.

FINANCE Thursday, 12 October 2023 09:17

UBS Pulls Out of a Difficult US Business

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.

FINANCE Wednesday, 11 October 2023 16:38

The Crypto Industry's Deep Freeze

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.

FINANCE Wednesday, 11 October 2023 15:08

McKinsey: Banking Leaders Are in the Indo-Crescent

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.

PEOPLE Wednesday, 11 October 2023 12:17

Tiger Brokers Appoints Singapore Chief

Chinese internet trading firm Tiger Brokers has announced the appointment of a chief executive officer for its Singapore unit.

PEOPLE Wednesday, 11 October 2023 11:39

Things are Beginning to Crumble Within the Ranks of UBS

Long-serving UBS executives and experienced front-line staff are increasingly turning their backs on the institution. There are several reasons at play.

HIGH-END Wednesday, 11 October 2023 11:32

Hurun: India Registers Multi-Millionaire Growth

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.

FINANCE Wednesday, 11 October 2023 10:39

UBS's Legal Woes from CS Take on a Global Dimension

The forced takeover of Credit Suisse left many losers among investors in its wake. 

HIGH-END Wednesday, 11 October 2023 09:16

US, China Dominate Centi-Millionaire Population

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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