Sri Lanka says US$1b stashed in Dubai

Sri Lanka said it had traced more than a billion US dollars in public funds allegedly stolen by members of the former regime to a bank in Dubai


Vontobel intensifies network race with new clients

Vontobel­owned structured product platform Deritrade has signed up four buyside clients, in the latest attempt to move ahead of rival Contineo in the race for private banking clients in Asia.


Outgoing StanChart boss received $5.1m for 2014

He may have forgone his bonus for 2014 but Peter Sands, who will shortly be replaced as Standard Chartered's chief executive by Bill Winters, still took home $5.1m last year.


HSBC `won’t cut jobs’ in Hong Kong

HSBC Holdings Asia-Pacific chief executive Peter Wong Tung-shun said the bank is under no pressure to cut jobs in Hong Kong and will not freeze employees’ wages