10/31/2016
“Managing assets for institutional clients is our exclusive focus and we bring this formidable experience to DIFC. We currently manage US$159 billion in assets, invested in equity and bond markets worldwide. We have 17 business development centres g
10/31/2016
The businesses in Singapore, Hong Kong, China, Taiwan and Indonesia, will be sold for around S$110 million ($80 million), in a deal that underscores how smaller players in private banking are being squeezed out due to lack of scale.=u=[;6-----------------
10/31/2016
After closing of the sale's transaction for the Liechtenstein banking group on 20 September 2016,all outstanding liabilities have now been settled, and the company is fully recovered and free of debt.
10/28/2016
In the third quarter of 2016, expenses for provisions for litigation, regulatory and similar matters were CHF 419 million, including CHF 408 million in Non-core and Legacy Portfolio.