Financial Services
Bank of Singapore shrugs off Brexit concerns, eyes London foothold
Bank of Singapore shrugs off Brexit concerns, eyes London foothold
CEO says London has become 20 % cheaper.
Daily Briefing: Viva Industrial Trust takes on $22m loan with UOB; BTO flat supply to gradually taper starting 2017
And here's how millennials in Singapore feel about work and money.
UOB allows customers to use phones as security token
It launched the UOB Mighty Secure feature.
Singapore banks to be affected by modestly higher risk-weight charges in 2017
But capitalisation remains stable.
Chart of the Day: Check out the banking sector's NPL ratios by sector
Overall NPL ratio increased to 2.1%, led by manufacturing, and transport, storage and communications.
Fitch bearish on Singapore banks amidst worsening asset quality
Total exposure to O&G sector stood at $16.1bn or 17% of core capital.
South Korean banks face increased performance uncertainty: Fitch
Blame it on higher credit costs from ongoing restructuring.
SaaS banking platform Mambu expands reach to Singapore
It sets up its first office in APAC region.
Singapore banks set for 11% earnings rebound next year
Thanks to an estimated 8-10bps rise in net interest margins.
Credit implications of China's corporate deleveraging mixed: Moody's
Onshore defaults likely to escalate.
Credit card usage in Singapore could collapse by 2020: study
Usage is expected to contract by nearly a quarter.
Infrastracture-driven economy to boost Indonesia's insurance
The country's infrasture budget for 2017 rose to IDR387t.
DBS profits could grow by up to 7% through 2018
Thanks to better than expected cost management.
Chinese structured finance grew 15% in 3Q
130 transactions worth CNY209bn were issued during the period.
YuuZoo unveils global e-wallet
It is designed for developed countries with low credit card penetration.
Singapore bank lending could turn cautious
Loans could only grow 0-2% by next year.
Japanese life insurers' credit quality under pressure: Moody's
Blame it on an ultralow interest rate environment.