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Tricolor CEO Daniel Chu collected $38.6 million in year before alleged fraud

The Wilkie D. Ferguson Jr. federal court in Miami, Florida, where Daniel Chu, the founder of bankrupt subprime auto lender Tricolor Holdings, was charged with fraud.

How UOB’s Wee Ee Cheong masters the long game

Mr Wee Ee Cheong shares his wisdom through the analogy of growing bonsai.

BNY to move Singapore offices to Marina One East Tower as US financial giant eyes Asia growth

BNY CEO Robin Vince said the move is part of the bank's global transformation efforts that include investments in culture and office facilities.

Grab-backed Super Bank jumps in Jakarta debut after $217 million IPO

Digital banking firm PT Super Bank Indonesia surged 24 per cent, hitting the daily trading limit, on its Jakarta debut.

UOB hit by HK, China property loans as real estate prices sink

UOB shares are down 4 per cent to date in 2025, while DBS OCBC are up about 27 per cent and 16 per cent respectively.

China shadow bank’s missed payments show growing property stress

China’s murky shadow-banking industry has allowed the country’s property slump to spill over into other areas of the economy and rack up a long list of victims.

Senior HSBC executives hid behind co-head roles: CEO

HSBC CEO Georges Elhedery began his radical restructuring of the bank 15 months ago.

It’s staggering how Singapore is always thinking ahead: JPMorgan CEO Jamie Dimon

JPMorgan chief Jamie Dimon says: "Based on the time I spent with GIC and MAS and Singapore's political leaders, I see they are always thinking about what’s next and how (Singapore) can get better."

UBS may cut a further 10,000 jobs by 2027: Swiss report

A reduction of 10,000 jobs would equate to a 9 per cent cut in total jobs for the Swiss bank, which had around 110,000 employees at the end of 2024.

DBS said to hire Sarah Tsao from UBS to cover govt-linked companies like GIC, Temasek

DBS is among Asia’s largest wealth managers and its biggest shareholder is Temasek.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.