M&A
Commonwealth Bank divests wealth unit to LGT, 40 staff move
It is expected to close by mid-2025.
Bank Australia eyes growth with AUB buy
Currently, AUL is expected to continue supporting AUB until the transfer is complete.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. DBS, UnionPay launch multi-currency debit card 3. Morgan Stanley opens Southeast Asia headquarters in Singapore 4. Southeast Asia’s digital banks – the road from good to great 5. Maybank rolls out green financial advisory service to SEA SMEsResource Center
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Principled AI key to transformation of financial services
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Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
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