A former Deutsche Bank executive has joined CBRE and will later relocate to its Singapore office. Macdonald has extensive experience in M&A, financing and capital markets in the region. He joins from ...
An asset management veteran in Singapore has joined Franklin Templeton’s global executive committee. Franklin Templeton has appointed Manraj Sekhon to its global executive committee, according to a ...
GenAI is already helping criminals circumvent standard CDD and KYC practices. The tried-and-tested process of keeping soft and hard copies of a private banking client’s passport or ID card for ...
Switzerland remains one of the world’s most attractive destinations for globally active high net worth entrepreneurs. This is according to a survey conducted by HSBC among its wealth management ...
Return on investments in artificial intelligence remains limited. However, the gap between revenue and capital expenditures is closing with monetization potentially occurring in 2026, according to UBS ...
A bill is being proposed in Singapore that will allow police orders to restrict banking transactions in response to a growing number of financial scams. Singapore’s Ministry of Home Affairs (MHA) has ...
The private banking arm of Citi has appointed a managing director overseeing several markets in Southeast Asia, finews.asia has learned. Tay has worked at Citi Private Bank since 1997. Prior to her ...
It has been leaving all other countries in the dust, including the US, Japan, and South Korea. But the real question is why it isn’t a global leader in more sectors and industries. The conventional ...
Vontobel has released selective financial figures for the first nine months of the year and provided a strategy update, reaffirming confidence in its ongoing cost-cutting efforts. In its trading ...
Overall, the Singapore-based banking group sees a double-digit rise in third-quarter net income. The UOB Group reported a record S$1.6 billion in core net profit in the third quarter, up 11 percent ...
The wider banking group was buoyed by a strong increase in non-interest income in the third quarter. Singapore-based Oversea-Chinese Banking Corporation (OCBC) recorded a net profit of S$1.97 billion, ...
More punitive US tariffs on China would benefit ASEAN manufacturers as they become an alternative in the supply chain. However, a long-term decline in global trade poses a challenge for Singapore, ...