CITI is working to close an increasing number of direct private deals to matchmake Asian companies with its family office clients, a senior executive from the bank told The Business Times.
FOR decades, a top spot at Goldman Sachs Group was seen as the pinnacle of money and power. But in today's era of hyper-wealth creation, the bank's most senior leaders have come to believe that they're not getting paid enough.
ENVIRONMENTAL, social and governance (ESG) assets under management (AUM) in the Asia-Pacific hit US$93 billion as at end-September, with over 500 sustainability funds domiciled in the region and about 120 new funds launched this year.
PHILLIP Capital Management has listed on the Singapore Exchange (SGX) the country's first locally domiciled leveraged and inverse products, the bourse said in a news release on Wednesday (Dec 1).
DBS Group Research has maintained "buy" on UOB and OCBC at target prices of S$31 and S$14 respectively, as it expects Singapore banks to benefit from the rate-hike cycle.
