Press

16 March 2018

Credit Suisse sued over U.S. ‘volatility’ product losses

Published by Reuters – 15th Mar 2018

A popular product offered by the bank and linked to expectations of future price swings, or volatility, in the S&P 500 .SPX stock index sank by more than 90 percent within hours last month following a market selloff.

16 March 2018

Standard Chartered hires new Singapore MD after five months at rival bank

Published by efinancialcareers– 13th Mar 2018

Standard Chartered has recruited a new managing director in Singapore after he spent just five months at Safra Sarasin. Nakul Beri, an experienced non-resident Indian (NRI) banker, shifted to Standard Chartered Private Bank earlier this month, according to his public profile.

16 March 2018

VP Bank Names Private Bank Head Singapore

Published by finews.asia – 15th Mar 2018

Liechtenstein-based VP Bank Group named an industry veteran head of private banking at its Singapore business. The banker joins from a local rival.

14 March 2018

LGT to Go On Hiring

Published by finews.asia – 13th Mar 2018

LGT is looking for even more bankers, despite a hiring spree that boosted the headcount in 2017. Liechtenstein’s Prince Max is now eager to get more staff for positions at the front.

14 March 2018

Julius Baer forges JV with Siam Commercial Bank to tap Asian wealth management market

Published by Dealstreetasia.com – 8th Mar 2018

Swiss private banking group Julius Baer and Thailand’s Siam Commercial Bank (SCB) on Thursday signed agreement to establish a wealth management joint venture (JV) focused on bringing relevant and impactful advice and solutions to the growing Thai private banking market.

14 March 2018

Indosuez aims for 8-10% AUM growth in Asia

Published by Business Times – 12th Mar 2018

Private bank’s target will keep its growth in line with market amid stiff competition in the region

12 March 2018

Leadership Change at Bank of Singapore in Hong Kong

Published by Finews.asia – 12th Mar 2018

Bank of Singapore, the private banking arm of OCBC, appointed a new chief executive for its Hong Kong branch. The banker selected for the job is a man from within the organization.

12 March 2018

Lumen Adds North Asia Team

Published by Finews.asia – 11th Mar 2018

Singapore wealth manager Lumen Capital Investors has poached two private bankers from Nomura, finews.asia has learned. The firm wants to further increase its headcount.

12 March 2018

UBS banned from sponsoring IPOs in Hong Kong for 18 months

Published by Financial Times – 10th Mar 2018

The Hong Kong securities regulator has banned UBS from sponsoring initial public offerings for 18 months, after an investigation into the Swiss bank’s role in certain listings on the city’s stock exchange.

12 March 2018

Bank of Singapore hires Anthony Simcic as managing director of international team

Published by Straits Times – 9th Mar 2018

Bank of Singapore, the private banking subsidiary of OCBC Bank, on Friday (March 9) announced the hiring of Anthony Simcic as managing director of its international team.