GenAI is already helping criminals circumvent standard CDD and KYC practices. The tried-and-tested process of keeping soft and hard copies of a private banking client’s passport or ID card for ...

Danish online trading platform Saxo has announced the appointment of a head for APAC as well as Singapore. Saxo has appointed Damian Hitchen as regional head of APAC and MENA, according to a statement ...

How will China’s economy and markets perform under a Trump administration and a Republican Congress? Private banks believe the road ahead will not be smooth, though Beijing may have tools to cushion ...

Art Basel announces exhibitors and first highlights for its 2025 show in Hong Kong. Art Basel has unveiled the list of exhibitors and key highlights for its 2025 edition in Hong Kong, set for March 28 ...

Working abroad is something many people want to do but very few achieve. We could spend all day debating the exact definition of an expatriate as opposed to an economic immigrant and not get much done ...

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The private banking arm of Citi has appointed a managing director overseeing several markets in Southeast Asia, finews.asia has learned. Tay has worked at Citi Private Bank since 1997. Prior to her ...

The Singapore unit of insurer Prudential has announced two C-suite appointments. Prudential Singapore has appointed Jackie Chew as chief operations officer, according to a LinkedIn post. She has been ...

In an effort to boost profitability, Standard Chartered has announced new business plans to further sharpen its focus on wealth management and investment banking. Standard Chartered announced fresh ...

In a first, the Singapore-based bank's net profit crosses the S$3 billion threshold as it benefits from fee income performance, particularly in its wealth management business. The DBS group indicated ...

The wider banking group was buoyed by a strong increase in non-interest income in the third quarter. Singapore-based Oversea-Chinese Banking Corporation (OCBC) recorded a net profit of S$1.97 billion, ...