Financial Services
Banks building tougher buffers to ward off bad debts
The credit outlook is dimming.
Private banks turn to fintech experts to lure more high net worth clients
Digital wealth management specialists are in high demand.
Fiscal largesse to help Singapore's "sandwiched" class cope with rising costs of living
Expect CPF, S&C rebates, and more top-ups.
Daily Briefing: Beware financial losses this Chinese New Year; These 10 cafes are open during the holidays
And did you know the Yan Dao cop almost never existed?
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...
UOB's net profit up 8% to $3.2b in FY14
Driven by broad-based growth.
Possible collapse in asset quality puts OCBC’s stellar performance at risk
Loans could fall as fast as they surged.
Hiring activity for finance, tech professionals jumps to three-year high
Half of firms in these sectors will add staff in 1H15.
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.