Bank

Citi picks Amit Dhawan to head Singapore commercial bank operations
Citi picks Amit Dhawan to head Singapore commercial bank operations
CITI on Tuesday (Apr 23) appointed Amit Dhawan as head of Citi Commercial Bank (CCB) for the Singapore market, effective Apr 22. He will continue to be head of...
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
THE Bank of Japan (BOJ) is widely expected to leave its benchmark interest rate unchanged on Friday (Apr 19), with investors focusing on any hints of a less dovish...
Vietnam central bank delays gold auction due to lack of interest
Vietnam central bank delays gold auction due to lack of interest
VIETNAM’S central bank said on Monday (Apr 22) it would cancel its first gold auction in 11 years due to a lack of interest from buyers, and said the...
Parental fury after stem cell bank ruins thousands of samples in Singapore
Parental fury after stem cell bank ruins thousands of samples in Singapore
THOUSANDS of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through...
Parental fury after stem cell bank ruins thousands of samples in Singapore
Parental fury after stem cell bank ruins thousands of samples in Singapore
THOUSANDS of parents in Singapore are furious, with some now pursuing legal action, after a major operator of cord blood banks in Asia irreparably damaged their children’s samples through...
Dimon meets with development bank leaders seeking private money
Dimon meets with development bank leaders seeking private money
JPMORGAN Chase & Co chief executive officer Jamie Dimon met with executives from the World Bank Group and several other multilateral development lenders as they seek to pull more...
Deutsche Bank has cut dozens in Asia private banking overhaul
Deutsche Bank has cut dozens in Asia private banking overhaul
DEUTSCHE Bank trimmed 10 private banking roles in Asia over the past week, adding to dozens of cuts in recent quarters as it zooms in on more profitable markets...
Australia fines Macquarie Bank US.4 million for not preventing unlawful third-party transactions
Australia fines Macquarie Bank US$6.4 million for not preventing unlawful third-party transactions
THE Federal Court of Australia has fined Macquarie Bank US$6.4 million for its lack of controls to detect and prevent unauthorised fee transactions carried out by third parties on...
Bank of Japan’s Noguchi says future rate hikes likely to be slow
Bank of Japan’s Noguchi says future rate hikes likely to be slow
BANK of Japan board member Asahi Noguchi said on Thursday that the pace of future rate hikes by the central bank will likely be far slower than the aggressive...
Abu Dhabi’s largest Islamic bank in talks to buy US.1 billion stake in Indonesian lender
Abu Dhabi’s largest Islamic bank in talks to buy US$1.1 billion stake in Indonesian lender
ABU DHABI’S largest Islamic bank is in talks to buy a minority stake valued at around US$1.1 billion in Indonesia’s top Islamic lender, Bank Syariah Indonesia, sources said, with...