Bloomberg Oversea-Chinese Banking Corp.’s Chief Executive Officer Samuel Tsien said surging compliance costs are one factor spurring him to expand his Asian wealth-management business, at a time when some overseas competitors are retreating. That’s because the rapidly expanding costs of complying with anti-money laundering, tax-compliance and other regulatory requirements — rising by 35 percent annually across the whole bank ...

  Bloomberg As crude prices continue to get dragged down by a global glut that shows no signs of abating, oil traders may find some profit by going to sea. The market structure for Brent crude, the benchmark for more than half the world’s oil, now makes it viable to store supplies in a vessel to potentially lock in profits ...

  RIYADH / Reuters Saudi Aramco expects oil prices to rebound in the first half of 2017 and for demand to remain healthy following two years of painfully low prices, the state-owned producer’s Chief Executive Officer Amin Nasser said. “The gap between supply and demand is closing … Our anticipation now is that it will be balanced by the first ...