(Source: Bloomberg, click to enlarge) Many of these institutions also made significant loans that were not reflected in the seized assets. DBS for example, said previously it has about $100 million of ...

Changing of the Guard at the Hong Kong Exchange. The Deputy CEO steps down as four new senior appointments are made. The Hong Kong Stock Exchanges and Clearing (HKEX) announced several senior ...

Liechtenstein-based LGT's onshore wealth management unit in India has named a chief investment officer for equities. Lokapriya has 25 years of investment management experience, most recently serving ...

Trust Bank’s second full year in business delivered blockbuster growth. The Singapore digital lender crossed one million customers, doubled deposits, and slashed its operating loss, putting ...

A former executive of the now-defunct Credit Suisse has joined the Royal Bank of Canada in Singapore. Steven Fong has joined RBC’s Singapore office as executive director and head of investment & ...

Swiss wealth management giant UBS will open a new Middle East office in Abu Dhabi. Flows from other locations, like the UK, were cited as a positive driver for the region. «The Middle East has ...

London-headquartered HSBC continues its global pivot with the latest exit from business banking in the US. HSBC will close its business banking unit in the US, according to a statement. «Following a ...

LGT Appoints Deputy Chief For Singapore. Liechtenstein-headquartered LGT has appointed a new deputy chief executive officer for Singapore. Mark Lim has been appointed as deputy CEO for Singapore at ...

HSBC subsidiary Hang Seng Bank has announced the promotion of the son of John Lee, Hong Kong's chief executive. Hang Seng Bank has appointed Gilbert Lee Man-lung as vice-chairman of the Hong Kong ...

A French financial institution plans to issue its own greenback-linked token as the first major global bank to enter the US dollar stablecoin market. Societe Generale-FORGE (SG-FORGE), the crypto ...

Mizuho Appoints APAC Banking Co-Head. Japan’s Mizuho has announced the appointment of a co-head of banking for Asia Pacific. Mizuho Bank has appointed Joris Dierckx as co-head of banking, APAC, ...

London-headquartered HSBC has named a new head of internal audit to succeed Jonathan Calvert-Davies. HSBC has appointed Russell Jackson as group head of internal audit, according to a statement, ...