Chanyaporn Chanjaroen

UBS Group AG’s senior wealth banker Lionel Yoong has left the Swiss firm, adding to several recent departures from the group covering Indonesia from Singapore.

As global businesses pour into India’s financial capital, millions of low-income residents face redevelopment deals that will determine whether they can stay.

HSBC Holdings Plc. appointed senior banker Gautam Anand to oversee private banking services for global and onshore Indians, as it seeks to deepen its push into wealth management.

Foreign banks expand rapidly while millions of residents negotiate redevelopment deals that could reshape wealth, housing access and urban inequality.

United Overseas Bank Ltd. first-quarter profit dropped as lending and fee income both fell.

Singapore scored mostly high grades for the effectiveness of its system to combat financial crimes, but the Asian wealth hub’s anti money-laundering regime must be sharper to produce consistent results, according to a report from a global task force.

Oversea-Chinese Banking Corp. plans to expand its wealth-management staff in Hong Kong by 30% this year in response to growing clients’ demand for investments and financing.

Barclays Plc private bank will appoint Nikhil Jha as head of the Singapore-based operation focused on the Indian diaspora, according to people familiar with the matter.

Regulators in Hong Kong and Singapore sought clarity from Standard Chartered Plc following Chief Executive Officer Bill Winters’ unscripted “lower-value human capital” remarks, as the Asia-focused lender moves to contain fallout from the episode.

Singapore’s financial regulator is working with private banks to shorten account opening time using a “risk-appropriate” approach, as the city-state rises in importance as a wealth management hub.