Latest News for: Singapore private banking

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Global banks cut China jobs as HSBC eyes expansion

Hong Kong Standard 14 Nov 2022
At the same time, HSBC (0005) said it will expand its private banking in the country ... The lender entered the Southwest of China for the first time by launching private banking businesses in Chengdu last month ... The service will first be made available to private banking clients in Hong Kong and Singapore.
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Nomura Singapore sells 1.52 pc stake in CSB Bank worth Rs 61 crore

The Times of India 25 Oct 2022
Nomura Singapore on Tuesday divested 1.52 per cent stake in private sector lender CSB Bank ... On Tuesday, shares of CSB Bank ...
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FT: China’s wealthy activate escape plans as Xi Jinping extends rule

Greek City Times 25 Oct 2022
The number of family offices in Singapore jumped fivefold between 2017 and 2019, and almost doubled from 400 at the end of 2020 to 700 a year later, according to Citi Private Bank ... The modern equivalent would be a private jet, a couple of passports and foreign bank accounts,” Lesperance says.
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Oil climbs amid resurgent Chinese demand, Opec+ cuts

Business Day 19 Oct 2022
SingaporeOil prices climbed on Wednesday, paring ... “The small rebound in oil prices is more likely due to more positive sentiment on the equity bourses and return of risk on trades than industry fundamentals,” said Suvro Sarkar, lead energy analyst at DBS Bank in Singapore.
photo: Creative Commons
Aerial view of the Biggest sugar factory in Asia, Banten, Indonesia
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Oil prices rise as investors seek riskier assets and on China demand outlook

Reuters 19 Oct 2022
SINGAPORE, Oct 19 (Reuters) - Oil ... "The small rebound in oil prices is more likely due to more positive sentiment on the equity bourses and return of risk on trades (rather) than industry fundamentals," said Suvro Sarkar, lead energy analyst at DBS Bank in Singapore.
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Connect2MyDoctor Inks Pact With University of Sharjah, Opens Office in Dubai

Algeria Times 18 Oct 2022
Since our launch in 2016, we have helped patients from over 15+ countries access specialists through private and secure virtual consultations ... Hospital, Ithmaar Bank, KIMS Group among others. Connect2MyDoctor is funded by Artesian Investments and private investors from Singapore.
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Singapore dollar remains a 'prince,' says Bank of Singapore

CNBC 13 Oct 2022
Sim Moh Siong of the private bank says the Singapore dollar has appreciated against every currency in the basket except the U.S. dollar ... .
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Deutsche Bank names ex-Credit Suisse banker as new APAC head of private bank

FX Empire 12 Oct 2022
SINGAPORE (Reuters) -Deutsche Bank said on Wednesday it was replacing its Asia Pacific head of international private banking with a senior hire from embattled Swiss bank Credit Suisse ... was appointed as the Asia Pacific head of the German lender’s international private bank.
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Indian origin banker issued prohibition order linked to infamous 1MDB scandal of former Malaysian PM Najib Razak

The Times of India 11 Oct 2022
Raj Sriram, the former deputy CEO and head of private banking of BSI Bank Limited's Singapore branch (), was issued the prohibition and warned on Monday to report the suspicious transaction, the Monetary Authority of Singapore () and the Singapore Police Force (SPF) said in a statement.
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Malaysia: Indian origin banker issued prohibition order linked to infamous 1MDB scandal of former Malaysian PM

India TV 11 Oct 2022
Raj Sriram, the former deputy CEO and head of private banking of BSI Bank Limited's Singapore branch (BSIS), was issued the prohibition and warned on Monday to report the suspicious transaction, the Monetary Authority of Singapore (MAS) and the Singapore Police Force (SPF) said in a statement.
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Indian-origin banker issued prohibition order linked to Malaysia 1MDB scandal

Hindustan Times 11 Oct 2022
Raj Sriram, the former deputy CEO and head of private banking of BSI Bank Limited's Singapore branch (BSIS), was issued the prohibition and warned on Monday to report the suspicious transaction, the Monetary Authority of Singapore (MAS) and the Singapore Police Force (SPF) said in a statement.
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Indian origin banker issued prohibition order linked to 1MDB scandal of former Malaysian PM Najib Razak

The Hindu 11 Oct 2022
The former deputy CEO and head of private banking of BSI Bank Limited's Singapore branch, was issued the prohibition and warned to report the suspicious transaction ....
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1MDB: Singapore authorities take action against former BSI Bank deputy CEO

Malaysian National News Agency 10 Oct 2022
Singapore authorities take action against former BSI Bank deputy CEO ... Raj Sriram who is also the former head of Private Banking of BSIS has been issued a 24-month conditional warning from the Singapore Police Force’s Commercial Affairs Department (CAD) and a 10-year prohibition order (PO) by the Monetary Authority of Singapore (MAS).

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