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PEOPLE Tuesday, 12 June 2018 13:52

Shenton Wire Live Blog on Trump-Kim Summit in Singapore

Watch the exclusive live blog provided by «Shenton Wire» on the North Korea-U.S. summit held in Singapore. Bits and pieces about the historical handshake.

FINANCE Tuesday, 12 June 2018 12:37

1MDB Mastermind Tracked Down

Malaysian leader Mahathir Mohamad recently hinted at knowing the precise whereabouts of financier Low Taek Jho. A government source has now pinpointed the location. 

FINANCE Tuesday, 12 June 2018 11:00

Credit Suisse Promotes in Singapore

Switzerland's second-largest bank has promoted from within to fill senior positions in Southeast Asia. The two bankers are both based in Singapore.

FINANCE Tuesday, 12 June 2018 09:05

HSBC’s Flint Hunts More Asian Wealth

Asia has bolstered HSBC's bottom line in recent years. The London-based bank now plans to expand its wealth management business in the region.

HIGH-END Tuesday, 12 June 2018 08:01

China Forces Its Banks to Switch to Rental Market

With pressure from the government and declining demand for loans in property development, Chinese banks appear to shift their business towards the more risky home rentals business.

FINANCE Tuesday, 12 June 2018 07:00

Alex Fung: «We're Aggressive, But Choosy, Recruiters»

Vontobel's private bank has the firepower to aggressively hire in Asia when it finds candidates who meet its choosy criteria, regional head Alex Fung tells finews.asia-TV.

FINANCE Monday, 11 June 2018 17:33

EFG Private Bank Details Asia Plans

EFG International took a hit in Asia after swallowing scandal-tarnished Banca della Svizzera Italiana, or BSI. The Swiss bank's CEO clarifies EFG's plans in the region following the tortuous merger.

FINANCE Monday, 11 June 2018 13:09

EFG Private Bank Thins Top Ranks

EFG International is tightening its top management. The move comes as the Swiss bank eyes growth again after several years preoccupied with digesting rival BSI.

FINANCE Monday, 11 June 2018 12:51

Standard Chartered's Virtual Move

Standard Chartered is about to launch its first virtual bank in Hong Kong. The move shows how traditional banking is responding to the challenges of fintech innovation.

FINANCE Monday, 11 June 2018 11:21

Julius Baer Confirms China Hire

Julius Baer has bolstered its China team poaching a seasoned private banker from Swiss rival UBS. The move, which finews.asia reported on recently, has now become official.

FINANCE Monday, 11 June 2018 10:43

What About the Millions Spent for Trump-Kim?

Singapore is spending $20 million to host the historic meeting of U.S. President Donald Trump and North Korean leader Kim Jong-un. How come?

FINANCE Monday, 11 June 2018 09:23

Ant Readies for Global March

Chinese financial technology giant Ant Financial loaded-up an eye-watering $14 billion in its latest funding round. The cash call makes Ant the world’s largest fintech.

FINANCE Monday, 11 June 2018 08:01

Malaysia Seeks Millions From Goldman Sachs

The new Malaysian government wants Goldman Sachs to return fees connected to the 1MDB state fund. The bank raised $6 billion for the fund meant for development projects.

FINANCE Monday, 11 June 2018 06:50

Falcon Private Bank's Vicious Cycle

Staff at Falcon Private Bank including a star banker are heading for the exits, finews.asia has learned. The Abu Dhabi-owned wealth manager is fighting a downward spiral.

PEOPLE Saturday, 9 June 2018 22:14

Trump-Kim Summit Poses Tough Security Challenges for Singapore

Singapore is so safe that the government frequently takes to advertising to warn that «low crime doesn’t mean no crime.»

FINANCE Friday, 8 June 2018 16:41

UBS Suffers Asset Outflow in Second Quarter

The second quarter so far hasn’t developed as UBS would have hoped for. The geopolitical uncertainties have made investors more cautious and they have also pulled out some of their assets for tax reasons.

FINANCE Friday, 8 June 2018 13:00

Singapore Returns to 1MDB Probe

As a global probe into 1MDB revives, investigators from Malaysia and Singapore met to renew their pursuit of Low Taek Jho. The move illustrates how the net around the Malaysian financier-businessman is tightening.

FINANCE Friday, 8 June 2018 10:57

Fintech Bank Nabs Ex-Hong Kong Finance Chief

Executives from banking and regulatory authorities are joining companies with a focus on fintech. The latest move came in Hong Kong, where a bank snapped up the services of Hong Kong’s former financial secretary.

FINANCE Friday, 8 June 2018 10:07

European Merger Frenzy: And What About Asia?

Talk about mergers and acquisitions in banking is gathering pace. Singapore's two top banks may also become potential targets for a merger or takeover.

FINANCE Friday, 8 June 2018 08:02

Malaysia's Elite Wave Goodbye

The central bank governor won't be the last high-profile departure in Malaysia after the old regime was ousted. Next in line is the head of Kuala Lumpur's stock exchange, Tajuddin Atan.

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