Financial Services
Probe points to skimming operation: DBS
Probe points to skimming operation: DBS
Following unauthorised withdrawals in Malaysia, investigations revealed about 400 customers have been affected.
DBS investigates fraudulent withdrawals
The bank assured customers will be fully compensated for any fraudulent transactions within 24 hours of notifying DBS.
Asia FX appreciation is not necessarily guaranteed: BofA Merrill Lynch
The RMB may appreciate this year, but it's not going to be easy for Asian currencies.
Analyst sees stunted loan growth for 2012
Loan growth this year will be “sharply lower” than DMG Research’s ~30% estimate for 2011.
New posts at Bank Sarasin reflect bullish outlook on China and SEA
The bank will now have a Vice Chair for Client Advisory in Southeast Asia and a banking head for China.
Sakari Resources appoints Chatchawal Eimsiri as Director
Mr. Chatchawal assumed executive positions within the PTT Group and brings experience to Sakari Resources.
Singapore rakes in second highest M&A deals in SE Asia
Can you guess who topped the list with an $18 billion haul?
How will Singapore banks fare in 2012?
The weak economic outlook is casting a shadow over the banking sector.
Bank of Singapore expands management team
Changes aimed to position company for long term growth.
Singapore fourth in Financial Development Index
Guess which topped the index, overtaking the US and the UK.
DBS offers RMB-denominated endowment plan
2.85% yield per annum rests on RMB-vs-USD appreciation in next 5 years.
OCBC Bank appoints Darren Tan as Chief Financial Officer
Mr Tan succeeds Mr Soon Tit Koon who has he has efficiently managed OCBC Bank’s capital.
Asian men easily squander money
It’s the women who have better skills in money management, says MasterCard’s latest survey.
Managing Director of Uni-Asia Finance retires
Mr Kitaro Onishi was responsible for property fund management and investments of the Group.
Outlook for Singapore banks stable: Fitch
It said DBS, OCBC, and UOB should be able to keep their credit profiles intact, even with the probability of a fresh global downturn.
Companies' decreasing capex plans dispel robust loans growth
System loans had the highest MoM drop since December 2008 - but by how much did it fall?
Ion Orchard and China UnionPay extend partnership deal
The deal will enable ION Orchard tenants to provide access the over 2.7 billion UnionPay cardmembers worldwide.
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