Financial Services
CSFI/PwC report warns of Asian banking risks
CSFI/PwC report warns of Asian banking risks
PricewaterhouseCoopers LLP Asia Financial Services Leader Dominic Nixon talks about the Banking Banana Skin Survey 2010 and what bankers in Asia fear...
Julius Baer hires Eddy Tai as Asia Head IT
Eddy Tai's role in Asia & Middle East strengthens bank's regard to Singapore as Asia hub.
CSFI/PwC report warns of Asian banking risks
Over-reaction of regulators ranked as the biggest fear of Asian bankers.
Singapore lifts ban on sales of structured notes by DBS, Maybank and RBS
Singapore's central bank said on Thursday it will lift the ban on sales of structured notes for DBS Bank, Malayan Banking Bhd and Royal Bank of...
UniCredit pulls trade team out of Singapore
The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.
Great Eastern profits up 90% on investment returns
Great Eastern Holdings Limited reported Wednesday a full-year 2009 net profit of $516.7 million.
DBS interested in investing in Chinese bank
Possible investment in a mainland lender is part of DBS' aggressive expansion plan.
MasterCard announces double digit Q4 growth in Asia/Pacific
APMEA region showed strong 20.3 percent rise in gross dollar volume and 18.6 percent in purchase volume.
DBS expands in China and India, cuts dependence on Singapore
In a bid to reduce reliance on its Singapore home market, DBS Group Holdings Ltd., Southeast Asia's biggest bank, is instead looking at expanding its...
DBS posts S$2.06 billion net earnings for 2009
DBS outdoes itself by breaking records including growth in net interest income to S$4.46 billion and 17 percent rise in profit before allowances.
DBS inaugurates new headquarters building in Shanghai
Singapore's largest bank continues to grow its branch footprint in China with the inauguration of DBS Bank Tower located in Lujiazui.
How Banking should be more like water
The bottled water industry has figured out how to get to consumers and it’s through their hearts. Unlike banking which asks consumers to focus on the...
MAS plans crackdown on dodgy investment products
Under new proposals, MAS may have more power to investigate company figures, take regulatory action and demand compulsory advising before the sale of...
AXA Insurance Singapore appoints new CEO
AXA Insurance Singapore has appointed Alain Adiceom Chief Executive Officer in place of Henri Gurs.
UOB's life insurance unit to be purchased by Prudential
The life insurance unit of Singapore’s second-largest lender by market value will be purchased by Prudential Plc for S$428 million ($306 million).
MAS slaps new compensation and coverage laws on insurers
The Monetary Authority of Singapore announced today that it is reviewing two sets of measures to strengthen the protection of insurance policy owners...
Standard Chartered appoints Judy Hsu as Group Head, Wealth Management
Standard Chartered Bank today announced the appointment of Judy Hsu as Group Head, Wealth Management, with immediate effect.