Barclays has spoken to its rival bank Standard Chartered about a potential merger but no formal or informal bid was made, the Financial Times reported on Wednesday, citing two unnamed sources.
DBS Bank is rolling out a new $30 million branding campaign across six markets with the catchline “live more, bank less”. Chief executive Piyush Gupta said at a briefing yesterday that he wants the lender to now focus on being an “invisible” bank.
UBS Group AG’s head of mergers and acquisitions for Europe, the Middle East and Africa, Severin Brizay, is planning to leave to join Bank of America Corp., according to people familiar with the matter.
Australia and New Zealand Banking Group has unveiled two top-level hires, with one moving into a role leading private banking. The changes come amid a number of senior moves in Australia’s banking sector.
UBS Wealth Management has hired private banking staff from Hang Seng Private Bank to expand coverage of the Hong Kong high net worth segment.
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