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Mandarin skills increasingly in demand in Asia

Strong language skills in Mandarin are becoming increasingly important in places such as Hong Kong and Singapore, as mainland Chinese banks look to expand beyond the country’s borders. At the same...

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Goldman Said to Cut Singapore Investment Bank Jobs by 30%

Goldman Sachs Group Inc. is reducing the size of its investment-banking team in Singapore by about 30 percent compared with the start of the year, people with knowledge of the matter said. Ruben...

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Facebook is Hiring in Singapore

Employment Counsel, APAC Singapore Providing counseling and support for human resources including advising and assisting on sensitive terminations, investigations and other employee matters, primarily...

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Singapore seized bank accounts in a $4 billion money laundering probe

Singapore authorities seized “a large number” of bank accounts as part of a money laundering probe connected with Malaysia’s government investment fund. 1MDB, the debt-laden Malaysian fund has been...

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A massive banking crisis is brewing in Singapore, says Swiss billionaire Zulauf

The three biggest banks are losing capital. A crisis of staggering proportions is looming in China, and tiny Singapore will be caught right in the middle of the storm once the disaster finally erupts....

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JPMorgan said to cut jobs by 5% at wealth-management unit

Bloomberg News reports that the approximately 30 job cuts, which happened this week, involved mostly relationship managers based in Hong Kong and Singapore, said the person, who asked not to be...

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Tudor Said to Close Singapore Trading Desk Amid Global Cuts

Tudor Investment Corp., the $11 billion hedge fund founded by billionaire Paul Tudor Jones, has closed its Singapore trading desk as part of a global shakeup, according to people familiar with the...

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Singapore Fines Two Big Banks Over 1MDB Scandal, Shuts Down Another

Singapore’s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian...

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Women still struggling to get top financial jobs

Women still can’t get a toehold into the top jobs of global finance, according to a new study. Only one in five mutual funds around the world has a woman manager — a figure that has stayed the same...

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Singapore jails second BSI banker on charges linked to 1MDB probe

A Singapore court on Friday jailed a second former banker from Swiss wealth manager BSI on charges stemming from a money laundering investigation linked to state investor 1Malaysia Development Bhd...

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