Joseph Poon has left UBS Wealth Management to serve as regional head of Southeast Asia for DBS Private Bank.
Tag: DBS
Singapore to act against four banks over 1MDB scandal
Singapore’s MAS plans to take action against four major banks, including a Swiss private bank, over their involvement with the scandal-ridden Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB).
DBS front runner for Barclay’s HK and Singapore wealth units
Singapore’s DBS Group is reported to be the front runner to buy Barclay’s Hong Kong and Singapore private wealth units, reports the Straits Times.
DBS Private Bank plans to expand alts
Market volatility is driving investor interest in alternatives, and Singapore’s DBS Private Bank plans to onboard more alternative asset managers while adding staff with expertise in this area, said Kelvin Tan, head of investment funds.
Janet Chong DBS
Some qualitative checks have been added to DBS’s fund selection process, according to Janet Chong, executive director and product solutions head of wealth management, who discussed the bank’s fund selection process and the integration of Societe Generale with Fund Selector Asia.
Hong Kong suspends DBS Vickers broker
Hong Kong’s regulators have suspended the licence of a broker formerly at DBS Vickers, the securities arm of DBS Bank, for breaching internal control policies.
