they will find it difficult to get another job in Singapore,’ BI executive director for. Banks found guilty in the case are UBS, ING, RBS, BNP Paribas, Bank of America, OCBC, Barclays, Credit Suiss.
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An unnamed investor in the Middle East is also injecting an additional two billion Swiss francs into the bank. jobs. But, speaking at a news conference, Dr Tan, who is also Singapore Press Holdings.
Of the many examples published, one reveals a UBS AG precious metals trader. Three years after commencing with Deutsche Bank precious metals desk London, Chanu was promoted to Director, Precious Me.
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UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland.Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centers as the largest Swiss banking institution in the world. UBS client services are known for their strict bank–client.
The unauthorized transactions could cost UBS almost as much as the 2 billion Swiss francs ($2.28 billion) the bank hopes to save by cutting 3,500 jobs over the next two. a British trader working in.
DBS Bank and the Singapore branch of UBS said yesterday that they will take action against. Its spokesman noted: "Any staff we feel could have done a better job. will be held accountable. In gene.
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SINGAPORE/ZURICH (Reuters) – Singapore’s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activi.
UBS has hired another senior investment banker from Deutsche Bank. Carlos Alvarez joins UBS as the US head of specialty finance and permanent capital, according to a memo seen by Business Insider.
MAS said it is working closely with Swiss financial watchdog FINMA to oversee an orderly closure of Falcon Bank in Singapore. DBS was fined SGD1 million and UBS SGD 1.3 million for breaches in Singapo.
. students to potential banking and finance careers at the pre-tertiary level, UBS aims to strengthen the talent pipeline in Singapore and support continued growth of this sector." The private bank.
The Singapore bank probes show that the focus is now turning to other benchmarks, amid concern that they too were manipulated. The biggest banks in the Asian NDF markets include UBS, JPMorgan Chase.
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The scandal wiped £4 billion off the value of shares in UBS, affecting thousands of pensioners whose funds had invested in the company. The loss uncovered by UBS is almost exactly the same amount the.
UBS. Bank Martin Yule is Deputy Head of UBS Research for APAC. He has spent the last ten years in research management, and.
LONDON, Sept 15 (Reuters) – A $2 billion rogue trading hit at UBS deals a savage blow. execution at a large investment bank. Banks have spent tens of millions of euros on improving IT systems and r.
Swiss bank UBS said it will cut 240 jobs in Asia-Pacific to cut costs. in the wealth management business at all staff levels and included 100 redundancies in Singapore, where UBS is a relatively st.
Last December, having already announced a third-quarter loss, UBS raised about $13 billion to replenish its balance sheets, mostly from the Government of Singapore Investment. part of Gramm’s job s.
Wee Soon Tan, Deutsche Bank’s head of anti. at Profile Search & Selection in Singapore. Prior to joining Deutsche, Tan spe.
SINGAPORE (Reuters) – Swiss bank UBS UBSN.VX said it will cut 240 jobs in Asia-Pacific to cut costs, as Asian economies slow in a global financial crisis. Earlier on Tuesday, banking sources told Reut.
Swiss private bank Julius Baer BAER.VX is hiring six wealth managers in Singapore from Swiss bank UBS UBSN.VX, banking sources said, the latest case of job-hopping in Asia’s fast-growing wealth manage.