UBS

Boer, who has held senior roles at UBS and Credit Suisse, will take up the position on Sep 17

Appointed cross-currency dealers can settle bilateral transactions in rupiah and Singdollar

This will bring the lender’s local wholesale, retail and private banking operations under one roof

Lender sees digital assets moving beyond experimentation, even as cryptocurrency prices remain under pressure

The newly created senior position will oversee seven markets

Success in building Singapore’s financial system makes it easy to ‘focus too much on stability’

The average lump-sum investment among young adults is now about S$4,000; among young professionals, it almost S$8,000

Lender’s full-year cash profit rises 7.1% to record A$10.98 billion; it warns of a slowing economy

DBS and OCBC upgraded parts of their full-year outlook, while UOB turned more cautious on fees