Financial Services
Possible collapse in asset quality puts OCBC’s stellar performance at risk
Loans could fall as fast as they surged.
Hiring activity for finance, tech professionals jumps to three-year high
Half of firms in these sectors will add staff in 1H15.
OCBC's net profit up 11% to $791m in Q4
Net interest income rose to a record high.
DBS CEO Gupta not eyeing StanChart top spot
Says he’s “happy” to stay at DBS.
Hear what the experts have to say about the much-awaited Budget 2015
The jubilee budget will set the course for Singapore's next 50 years.
DBS’ net profit up 10% to $3.8b in FY14
On back of higher NIM, loan volume and fee income.
Chart of the Day: Prompt payments slide 7.6pp to 50.07% in 2014
Despite a rebound after 3 consecutive quarters of decline.
Singaporeans' satisfaction with taxes slipped 8% in 2014
Satisfaction dropped for all age groups.
Hong Kong overtakes Singapore as Asia’s premier wealth management hub
The Lion City is a ‘stagnating’ centre, says Deloitte.
Singapura Finance's net profit up 8.6% to $1.5m in Q2
On back of higher net interest income.
Japan’s megabanks saw 22.3% profit surge to ¥718.86 in 4Q14
Thanks to lower credit costs and growing overseas business.
Budget 2015 to zoom in on Singapore’s struggling sandwich class
There will be goodies for middle-income residents.
Chart of the Day: Singapore banks to suffer from weak market-related income in 4Q14
Also, trade loans could fall faster than expected.
Expect muted fourth quarter results from Singapore’s three big banks
On back of lower trading-related income.
Don’t rank Singapore with delinquent debtors, Temasek tells S&P
S&P’s new credit rating framework gives rise to "serious concerns".
Speak English, please: MAS urges firms to use plain language in SGX prospectuses
The PHS requirement will be extended to more issuers.
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