Financial Services
OCBC's bad loans to hit 1.4% in 2016
Profits may grow 3% on O&M woes.
Few CFOs dream of becoming CEO
And only 12 % want a role outside of finance.
Daily Briefing: Singapore houses third most number of billionaires in Asia; Will Singapore stock prices drop in December?
And check out increasing investments in the fintech sector.
OCBC's nonperforming assets soar 34% to $2.59b
It was mostly driven by loans to oil and gas firms.
1 in 4 Singaporeans now use a digital wallet
And Apple Pay is the number 1 choice.
OCBC's Q3 net profit jumps 5% to $943m
The improvements came from wealth management, insurance, and Indonesia.
Great Eastern's net profit skyrockets 182% to $197.7m in Q3
On the back of stronger earnings in life insurance segment.
Daily Briefing: Property prices to slump amidst rising jobless rate; O&G impairment charges to curb Singapore banks' profits
And find out what Greyloft startup has to offer in the property market.
Singapore's banking giants brace for higher bad loan charges amidst O&G trouble
DBS could be worst hit.
Temasek injects $250m in a Chinese healthcare facility
It will form a 50-50 JV with Columbia Pacific.
Guess which big bank will suffer narrow NIMs in Q3
It is also expected to reflect biggest profit downturn.
Daily Briefing: SPH to slash 10% of its staffing; Property buyers sees prices to fall in a year
And here's what you need to consider before buying an insurance.
How will negative interest rates affect Japanese banks?
Moody's estimates a 4%-7% decline in aggregate net income.
India's draft bill on bank resolution will enhance systemic stability: Moody's
Here are for major changes proposed under the drat bill.
Singapore private banks buck the declining trend in assets under management in Asia
DBS Private Bank moved three spots to fifth in a regional ranking of banks based on AUM.
DFCC Bank appoints Mr. H.A. Ariyaratne as a member of board
His appointment became effective on October 10, 2016.
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