Managers of Wealth Asia Pacific

Saxo Markets in Singapore sees Record Number of New Clients

The direct client base grew with more than 80,000 new active clients, bringing the Group to a record high total of more than 620,000 clients.

UOB to resume full branch operations in Singapore; all OCBC and most DBS branches reopen

Most DBS Bank branches have also reopened.

BEA Announces Securities Trading Offers

From now until 31st March, 2021

DBS Brings Automated Supplier Financing to Construction Sector

The construction sector accounts for more than 4 percent of Singapore’s gross domestic product, but has been slow to embrace technology along the construction value chain.

SoftBank posts $11.8bn net profit in first quarter

These include U.S. ride-sharing company Uber Technologies and biotech firm Vir Biotechnology.

Standard Chartered Sri Lanka wins awards

Roger Norton, Head, Transaction Banking, Standard Chartered Sri Lanka said “Standard Chartered Sri Lanka has always put the customer’s needs first and has aspired to provide solutions to their problems.

Security Bank hosts its first online economic forum

Security Bank’s Chairman Alfredo S. Villarosa opened the forum by describing the situation through the acronym VUCA

DBS First-Half Profits Tumble

Singapore bank’s ex-allowance profits increased 12 percent and reached a record S$4.71 billion driven in part by a 7 percent income rise to S$7.75 billion.

MUFG taps Israeli AI to hunt for Asian unicorns

MUFG Bank will launch a 50-50 joint venture in Singapore with Liquidity Capital

OCBC Group Reported First Half 2020 Net Profit of S$1.43 billion

Second quarter earnings rose 5% from the first quarter to S$730 million

Hong Leong Bank Awarded the 'Excellence in Leadership in Asia' for its Response to the COVID-19 Crisis

Euromoney commented in its review that HLB's customers benefitted from the Bank's ability to look beyond the fringes of the envelope

JPMorgan revamps shareholder activism defense practice -sources

Hunker, who had worked at JPMorgan for 16 years, will join Ernst & Young and lead the professional services firm's push in advising boards on shareholder enragement, three people familiar with the matter said.

Singapore banks' results to reflect double whammy of low rates, weak growth

"We expect banks' profit to moderate over the near term due mainly to higher provisioning costs and low interest rates," said Shao Keng Ang, senior credit analyst at Eastspring Investments.

SocGen shuts Singapore trade commodity desk after Hin Leong hit

Earlier this year, SocGen was among more than 20 Singapore and international banks owed US$3.8 billion (S$5.2 billion) by oil trader Hin Leong

Maybank Indonesia 1HFY20 net profit rises to 809.7 billion rupiah

Maybank Indonesia said that in line with current market conditions where the industry is facing a slowdown in loan growth, the bank's total loans dipped 14.6% to 115.7 trillion rupiah as at June 30, 2020 from a year earlier.

Ping An Bank Named Asia's Best Digital Bank

Ping An Bank has disrupted itself, voluntarily and all but completely, from within.

Axis Bank net down 19% on new account norms

It will consolidate global services for corporate banking, trade finance, treasury and risk management in branches at Dubai, Singapore and GIFT City and shut down operations in the UK, Hong Kong, Shanghai and Colombo.

Thailand's National Savings Fund membership jumps to 2.3 million over 15 months, report says

She says the fund has been wooing students and freelancers by making it more convenient to contribute.

Macquarie better braced for these difficult times than it was during the GFC

It is also one of the few Australian companies to have a long history of success abroad.

Korea Launches Bond-Buying, Asset-Buying SPVs

The SPV will operate the bond-buying programme for six months until 13 January 2021

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