Two ex-BSI Singapore employees charged with criminal offences

Published by Bloomberg – 6th October 2016

Standard Chartered Plc has stepped up its hiring from Barclays Plc’s private-banking team in Hong Kong ahead of the transfer of the business to Oversea-Chinese Banking Corp., in a move that underscores the stiff competition for wealth managers in Asia.

More than 10 Barclays relationship managers in Hong Kong are joining Standard Chartered, which is expanding its wealth business in the region after hiring global private-banking head Didier Von Daeniken from Barclays in March, said people familiar with the matter, who asked not be named as the move hasn’t been disclosed. Barclays had about 130 relationship managers in Asia as of last year, according to Asian Private Banker.

Published by WealthBriefingAsia – 4th October 2016

Bank of Singapore has appointed former BNP Paribas banker Leonard Yong as an executive director and cluster lead for its Indonesian team, this publication can confim.

This publication is seeking further details about Yong’s former role.

Publsihed by Finews Asia – 30th September 2016

Standard Chartered continues to calibrate its managing structure in Singapore and has announced the addition of another two senior bankers to its Private Banking unit and the departure of the Ultra High Net Worth unit head.

Andrew Ho will join the bank as Managing Director and Market Head, Indonesia, and Vishal Jain joins as Managing Director and Market Head, Global South Asia Community (GSAC) Asia, the bank said in a statement.

Published by Wealth Briefing Asia – 30th September 2016

Stephen Richards Evans, global head, UHNW at Standard Charted’s private bank, and market head, Indonesia, is leaving the post, this publication can exclusively report. He has been based in Singapore.

This publication understands that his move is part of a series of changes put in place at Standard Chartered in the wake of the appointment in July of former senior Barclays manager Srinivas (Srini) Siripurapu as regional head, private banking, ASEAN and South Asia, and as global head, non-resident Indian clients. Siripurapu took over the regional leadership for ASA from Peter Kok, whose role was then combined within the former’s expanded remit.

Published by Wealth Briefing Asia – 26th September 2016

Bank of Singapore’s Greater China team head, and a former member of parliament in Singapore, has left the bank, this publication can confirm.

“Arthur Fong has tendered his resignation and is currently serving notice. His last position with Bank of Singapore was managing director and team head, reporting to Oliver Tang, market head, Greater China,” a spokesperson told WealthBriefingAsia in an emailed statement late last week.