Financial Services

Private banks turn to fintech experts to lure more high net worth clients

Digital wealth management specialists are in high demand.

Valuemax profits down 3.9% YoY to $8.9m

Due to higher operating expenses and a one-off expense.

MoneyMax launches first online pawnbroking platform

Valuables can now be pawned using a mobile app.

Maxi-Cash's net profit down 18% to $1.86m in FY14

Due to lower revenue from its retail segment.

Singapore's financial institutions race to meet the FATCA deadline

By now most, if not all, Financial Institutions in Singapore are aware of FATCA. FATCA stands for Foreign Account Tax Compliance Act and was enacted...

OCBC's net profit up 11% to $791m in Q4

Net interest income rose to a record high.

DBS CEO Gupta not eyeing StanChart top spot

Says he’s “happy” to stay at DBS.

Hear what the experts have to say about the much-awaited Budget 2015

The jubilee budget will set the course for Singapore's next 50 years.

DBS’ net profit up 10% to $3.8b in FY14

On back of higher NIM, loan volume and fee income.

Chart of the Day: Prompt payments slide 7.6pp to 50.07% in 2014

Despite a rebound after 3 consecutive quarters of decline.