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global market updates apple tesla ford bank of america and byd news

Apple enhances AirPods Max with lossless audio and AI leadership changes, while Tesla faces regulatory hurdles in China and legal issues in the US. Ford is under investigation for gear shifts in F-150 trucks, and Bank of America appoints a new head for India. In Europe, SAP surpasses Novo Nordisk in market value, and Bayer's stock drops after a significant jury verdict. BYD reports a substantial profit increase, and Toyota delays its battery factory project while starting a recycling facility.

dbs expands wealth management team for wealthy russian clients amid sanctions

DBS Group Holdings has expanded its wealth management team to attract wealthy Russians, hiring two private bankers recently, despite many global banks retreating due to sanction risks. The Singapore lender now has at least nine Russian-speaking bankers and aims to double its wealth management fees by 2027, offering services to clients with a minimum of $20 million in assets. While it conducts rigorous risk assessments to ensure compliance with sanctions, DBS emphasizes that it does not specifically target Russian clients.
01:00 03.12.2024

top large cap stocks to watch in singapore 2024

Founded in 1984, Jardine Matheson Holdings Limited operates across various sectors, including automotive, financial services, and property, with a secondary listing on the Singapore Stock Exchange. In Singapore, notable large-cap stocks include DBS Group Holdings, OCBC, and Singtel, with market capitalizations exceeding S$10 billion, reflecting their stability and maturity in the market.
09:30 15.11.2024

asia pacific wealth management sector appointments and changes in august 2024

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