Financial Services

Analyst warns DBS will continue to lag

Culprits cited are limited margin improvement, rising liquidity risks, and potentially higher credit costs overseas.

Happy with how your company is run?

If not, then read on to see how things are about to change as proposed revisions to the Code of Corporate Governance have been submitted.

75% of directors worldwide shaken by heightened risk in tax legislation

And oh, companies now fear entering emerging markets due to higher risk of tax controversy.

21% of Singapore's wealthy don't trust their kids not to blow the inheritance

Amazingly, the rest trust their kids not to blow the family fortune.

Gone: Bank of Singapore Asset Management

It ceased to be a subsidiary of OCBC Bank.

CPF members to receive 2.5% interest rate on Ordinary Accounts

The risk-free interest rate will be applicable from 1 January 2012 to 31 March 2012.

OCBC launches designer credit cards

There are over 130 designs available for ‘FRANK by OCBC’ credit cards.

Tax talks: 75% of companies worldwide shocked by more aggressive tax audits

Better beware as 97% of tax administrators say they will increase focus to scrutinize tax transactions in the next three years.

63% of Chinese women lead financial planning in households

It’s mom who gets a say on how to spend the family income.

DBS joins forces with SingPost to add number of banking outlets to 140

Alliance offers greater banking convenience to customers of both companies.

What secrecy? Transparency is the way to protect your wealth

Looks like confidentiality has gone obsolete as wealthy families may just place a greater emphasis on proper tax planning than on banking secrecy.

Institute of Certified Public Accountants of Singapore launches financial guide for SMEs

The guide for financial reporting is an optional standard effective for annual periods beginning on or after 1 January 2011.

What you need to know about loans in Singapore banks

UOB remains an analyst’s best pick being the least aggressive lender over the past 36 months.

Busted!: IRAS sends Mr Tan Kim Teck to jail after defrauding GST Comptroller

Tan failed to evade punishment even after burning his business records to destroy evidence of fraud.

No sickness for Singapore's Life insurers as sales grow 18% in 3Q11

The industry registered an amazing $523m in new business premiums.

Ernst & Young appoints Lim Hwee Hua as a global independent non-executive

Mrs. Lim was a former Singapore Minister in the Prime Minister’s Office.