THE Monetary Authority of Singapore (MAS) has imposed a S$11.2 million civil penalty on UBS over deceptive trades by the bank's client advisers in Singapore.

AMID mounting geopolitical tensions and sluggish growth, Singapore's richest are getting richer, generating their wealth from feeding the robust demand for goods and services of Asia's growing...

BT EXCLUSIVE

SINGAPORE's key short-term interest rate, which is used to price home loans, has finally begun its long-awaited slide following the latest cut by the US Federal Reserve to give a fillip to the...

[SINGAPORE] At the bank-run summer schools for heirs of some of Asia's wealthiest families, visits to factories and shipyards are out; crash-courses in startups and impact investing are in.

BT EXCLUSIVE

WITH a further S$1 billion worth of new issues expected to hit the market before bankers start their Christmas festivities, the Singapore dollar bond market is in a nice canter for the final...

UBS Group chief executive officer (CEO) Sergio Ermotti, under pressure to lift a stock that has trailed peers for a year, vowed to take a close look at costs in every corner of the bank as he...

COMMENTARY

HSBC's new interim boss deserves credit for staying positive. Even as he abandoned an important return target for 2020, Noel Quinn pointed to businesses that "held up well in a challenging...

BT EXCLUSIVE

INVESTORS are increasingly buying into funds and instruments that track opportunities based on long-term megatrends, in the hope of achieving better returns from paying heed to big structural...

WITHOUT a full-blown recession, expansionary fiscal policy still looks unlikely, but the topic is gaining ground, Swiss-Italian economist Beatrice Weder di Mauro noted on Thursday.

[ZURICH] UBS Group AG's rich clients added US$15.7 billion in new money last quarter, giving a boost to star hire Iqbal Khan as he seeks to reinvigorate the key wealth management unit.