Media Release

Fitch upgrades Deutsche Bank’s credit ratings

Deutsche Bank – The credit rating agency Fitch has upgraded Deutsche Bank’s ratings, placing the bank’s principal ratings in ‘A’ territory. Deutsche Bank’s Issuer Default Rating has been raised to…

Axis Bank and Nita Mukesh Ambani Cultural Centre announce a multi-year strategic collaboration

AXIS BANK – Burgundy Private, Axis Bank’s private banking business, and the Nita Mukesh Ambani Cultural Centre – announce a multi-year collaboration, forging a powerful alliance with the aim of…

BofA to Open Financial Centers in 9 New Markets by 2026

CHARLOTTE, NC (June 27, 2023) – Bank of America today announced it will expand its financial center network into nine new markets over the next four years, bringing banking, investing,…

CIMB Bank elevates banking to next level with ‘Fun Banking’ experience as it celebrates its 1st Anniversary at CIMB Plaza

19 JUNE 2023, SINGAPORE: At its first year anniversary of CIMB Plaza inauguration in June 2023, CIMB Singapore solidifies its footprint in the heart of the Central Business District with…

Europ Assistance announces the acquisition of several AXA Partners assistance businesses in Asia-Pacific, continuing its expansion in a strategic region

Singapore, 6 June 2023 – Europ Assistance announced today the acquisition from AXA Partners1 of its assistance businesses in Malaysia, Thailand, Japan, Hong Kong and Taiwan. With these acquisitions, Europ…

Refik Anadol’s ‘Glacier Dreams’ debuts in Singapore as a new multi-sensory experience in Julius Baer’s NEXT initiative

Singapore / Hong Kong / Zurich, 31 May 2023 — Julius Baer, the leading Swiss wealth management group, proudly presents the debut exhibit of Refik Anadol’s ‘Glacier Dreams’ in Singapore…

Commonwealth Bank cuts 224 jobs, union says

May 3, 2023 – The Finance Sector Union says the Commonwealth Bank is cutting 224 jobs from various parts of the bank’s operations, as part of a drive to reduce…

Deutsche Bank Agrees to Combine UK and Ireland Corporate Finance Business with Numis

April 28, 2023 – Deutsche Bank today announces that it has reached an agreement on the terms of a recommended all-cash offer for the acquisition of Numis Corporation Plc. Numis…

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ZA Bank marks 3rd anniversary with A.I. artwork contest

In celebration of its 3rd anniversary today, ZA Bank has launched its new NFT Maker campaign. Users can create unique pieces of art with advanced A.I. technology1 and mint them…

Credit Suisse Continues Operating Without Interruption in Singapore

Singapore, 20 March 2023… The Monetary Authority of Singapore (MAS) said today that Credit Suisse Group AG (CS) will continue operating in Singapore with no interruptions or restrictions, following the…

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                  The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

                  COVID-19
                  Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

                  Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

                  The Global Private Banking Innovation Awards will recognise the world’s best private banks, wealth managers and asset managers that are championing innovation across advisory, service, products, customer experience and more.

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