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%.
Daily Briefing: HDB flat owners to enjoy lower taxes next year; Singapore firms seek cyber insurance
And here's how credit card rewards in Singapore compare to United States.
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%.
Bank of Singapore completes acquisition of Barclays' investment business
It acquired the business for a lower price.
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.
Which Singapore bank will be hit the hardest by USD strength?
Its profits could decline by up to 1.7%.
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...
DBS' profits to increase by up to 4% on the back of a stronger USD
It has the largest USD loan exposure at 33%.
MAS eyes integrated insurance market in Southeast Asia
Find out what MAS is doing to achieve this integration.