SINGAPORE – Bank lending in Singapore rose 0.6 per cent in November from the previous month, preliminary data from the Monetary Authority of Singapore on Friday (Dec 29) showed.
Notoriously low-key Daniel Sauter was pushed into the spotlight at Julius Baer following the exit of its high-flying CEO. finews.asia profiles the enigmatic 60-year-old chairman.
Banks are starting to headhunt actively again after years being fairly passive following the global financial crisis, a prominent recruiter said on Thursday.
Australia’s banking lobby put forth new ethics rules and practices to the country’s regulator. The move follows a series of scandals at the big four banks.
Credit Suisse said that tax reforms in the U.S. will knock 2.3 billion francs off its quarterly profit. The hit is likely to push the Swiss bank to its third consecutive annual loss.
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