Previously sealed banknotes bearing the portrait of Sheikh Mujibur Rahman have begun re-entering active circulation in Bangladesh, signalling a pragmatic recalibration of monetary management under the country’s interim administration led by Muhammad Yunus. The development follows months of restriction during which older currency designs were withdrawn from routine circulation and progressively replaced with newly issued […]

JPMorgan Chase has further strengthened its Middle East operations with the appointment of experienced wealth manager Rony Chaker, signalling a continued push to capture a larger share of the region’s rapidly growing ultra-high-net-worth (UHNW) client segment. Mr Chaker joins from Barclays Private Bank, where he built an extensive career spanning nearly two decades. Based in […]

Algorithmic Insurance Services, operating under the name LIRG, has unveiled a $15 million quota-share reinsurance facility to support a pioneering cyber warranty programme developed by New York-based managing general agent DLT Alert. The arrangement signals a growing shift within the insurance market towards faster, data-driven solutions capable of addressing modern cyber threats, particularly those arising […]

Singapore Life Holdings Pte. Ltd. and its subsidiary, Singapore Life Ltd., have strengthened their governance framework with the appointment of Leo Mun Wai as an Independent Non-Executive Director across both boards, a move widely viewed as reinforcing oversight capabilities amid a more demanding regulatory climate. Mr Wai, an accomplished figure in financial regulation, brings more […]