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Citi, the American multinational investment bank, is set to enhance its service to Korean corporate clientele with the inauguration of a new desk in Chicago. Expanding Coverage of Korean Corporates The newly launched Korea desk in Chicago is part of Citi’s…
A silver fund run by UBS’s Chinese partner has drawn a wave of complaints from investors. The grievances have been sparked by a decision to change benchmarks, a move that has reportedly resulted in greater losses than investors had anticipated. Over 200,000…
MUFG Bank Ltd anticipates that the ringgit will fortify to 3.70 against the U.S. dollar by the end of 2026. This expectation is bolstered by an enduring appreciation cycle fueled by robust structural fundamentals. Predictions by Senior Currency Analyst Lloyd…
On Saturday morning, gold prices in Vietnam experienced an increase, in contrast to the general slump observed across Asia. This increase occurred in spite of a lack of enthusiasm for jewelry in the market. Gold Prices in Vietnam Saigon Jewelry Company noted…
The US dollar experienced a minor decrease against the Vietnamese dong in the informal market this past Saturday. The devaluation, at a modest 0.08%, saw the dollar trading at VND 26,250 at unauthorized exchange locations. Vietcombank, a significant player in…
OCBC’s private banking division has appointed Bernard Heng, a seasoned expert in the wealth industry, to bolster its custom solutions for ultra-wealthy clients. Appointment of a New Leader The Bank of Singapore, the private banking arm of OCBC, has announced…
Former UBS technology executive, Werner Schlossmacher, has taken on the role of Chief Operating Officer (COO) for Barclays Private Bank Asia. Barclays has confirmed his appointment in a recent statement. Schlossmacher will be stationed in Singapore, from…
Suzy White, the Global Chief Operating Officer (COO) for London’s HSBC, is set to join the board of HSBC’s Singapore branch. HSBC Singapore made this announcement recently, confirming White’s addition to their executive team. White’s professional journey has…
The global finance chief of UK-based banking and financial services corporation, Standard Chartered, has departed to join an American alternative asset management firm. Executive Shifts at Standard Chartered Standard Chartered has announced the appointment of…
As the demand for gold continues to escalate, United Overseas Bank (UOB), the sole local banking institution in Singapore that trades in physical gold bars and bullion coins, has announced plans to expand its operating hours and implement an appointment-only…
Billionaire Chinese trader, Bian Ximing, formerly famous for leveraging the gold rally, has now focused his attention on the dramatic ascent of silver. He has placed a significant bet on a price plunge, an investment currently worth almost $300 million. A…
On Monday morning, the U.S. dollar exhibited an upward trend against the Vietnamese dong on the unofficial market, while maintaining relative stability against other major currencies. The U.S. dollar exhibited a 0.33% increase, reaching approximately…
DBS’ wealth management business achieved remarkable success in 2025, setting records in both assets under management and net new assets. Unprecedented Growth According to the bank’s Chief Financial Officer, assets under management soared by 19 percent,…
UBS, the banking behemoth based in Zurich, has unveiled its new cohort of managing directors. With a total of 155 appointments, this year’s list is smaller than the preceding year’s, representing an 11% drop from the 174 managing directors appointed last…
The price of gold has seen a notable increase in Vietnam, with a jump recorded on Monday morning. This rise further extends the difference between the local and global bullion rates, establishing a new record. Increase in Gold Prices in Vietnam Saigon Jewelry…
DBS, a Singapore-based bank, has reported a record pre-tax profit despite the overall net profit experiencing a decrease due to the institution of the new global minimum tax. In the year 2025, DBS reported a 3% decline in net profit, amounting to S$11 billion…
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