Financial Services
MAS shakes up banks' reporting standards
It will require data collection of RMB business activities and deposit rates to be rationalised.
MAS shakes up banks' reporting standards
It will require data collection of RMB business activities and deposit rates to be rationalised.
Singapore private banking bonuses up by as much as 7% in 2017
Gone are the days of pure cash bonuses as bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares.
This Singapore bank is best-placed to cash in on the property boom
It has the greatest percentage share exposure to housing loans at 27.6%.
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
Chart of the Day: Can Singapore banks handle credit growth in 2018?
Loan/deposit ratios remained below 100%, allowing the banks to accommodate credit growth.
Daily Briefing: Carousell to launch digital wallet; Singapore-grown SEA's e-commerce losses doubled
And here's what you could have missed on Noble's debacle with shareholders and creditors.
Australian bank inquiry could cut 8% of the country's finance jobs
Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.
Indonesia eyes tighter fintech regulations to curb loan shark activity
Fintech firms will be compelled to be registered with authorities.
Japanese banks reportedly mulling joint ATMs to cut massive losses
Declining loan demand is squeezing the profits of the country's lenders.
Bad loans bog down Indian state banks with $1.4b loss in Q4
The banking sector is saddled with a massive $210b in problematic loans.
Chart of the Day: DBS, OCBC, and UOB Q1 loan growth up 5%-10%
Domestic loan growth was higher across all three banks compared to the last quarter.
Singapore invites new business models for moneylending
It will issue licenses for up to 16 outlets that will implement their business models.
Chart of the Day: OCBC and UOB's domestic bad loans dipped in Q1
Moody's said this could boost their asset performance in the coming quarters.
AIA unveils medical case management package
A partnership with Medix makes the plan available to the insurer’s 230,000 policyholders.
Wealth management fees buoy Singapore banks earnings in Q1
DBS, OCBC, and UOB all registered double-digit growth in fee income.
UOB to offer cloud-based solutions for SMEs
UOB BizSmart can help businesses automate administrative processes.
UOB buys 28.66% stake in Hoe Leong for $18.52m
The spare parts distributor is going through financial restructuring.
Read Here
Advertise
Sign Up
