Financial Services

MAS unveils up to $2b of savings bonds to be offered in 2017

The first bond will be issued on the January 3.

MAS unveils up to $2b of savings bonds to be offered in 2017

The first bond will be issued on the January 3.

DBS axes 12 brokerage staff as trade volumes slump

But they will be redeployed within the bank.

Bank lending sees 1% growth in October

Following the 12 consecutive months of contraction.

Singapore financial firms under pressure to enhance crime mitigation

They're raising salaries for compliance roles by up to 15%.

DBS, Bank of Singapore in acquisition mode

Acquisition this year amounted to $400m.

Bankers to get lowest pay rise in 2017

Their salaries are only projected to grow by 3%.

Interest rates uncertainties to drag Singapore banks' profits: MAS

The banking system's nonperforming-loan ratio has risen 2.1% in September.

Standard Chartered to slash investment banking staff in Singapore

It's part of the bank's 15,000 job-cut program in Asia.

DBS could gain the most from Fed rate hike: analysts

Its net profit could rise by 1.7% for every 10bps increase in SIBOR.

Outlook for Singapore's residential mortgage collateral bullish: Moody's

Average loan-to-value ratios only range between 50%-60%.

Daily Briefing: Singapore charges 3 with $5.6b market fraud; GIC hires big data expert

And here are the highlights of Singapore's first fintech festival.

Citi names Fabio Fontainha ASEAN head of consumer banking

Citi has appointed Fabio Fontainha ASEAN Head of Consumer Banking, effective December 1. Fabio will be based in Singapore and will report to Anand...

MAS eyes integrated insurance market in Southeast Asia

Find out what MAS is doing to achieve this integration.