Financial Services

Currency Briefing - what you need to know for Thurs March 22, 2012

The British pound and the Japanese Yen were the only currencies to outperform the US dollar.

Currency Briefing - what you need to know for Thurs March 22, 2012

The British pound and the Japanese Yen were the only currencies to outperform the US dollar.

Lehman Brothers Singapore subsidiaries announce voluntary liquidation

One subsidiary has also submitted its resignation from the Singapore Exchange.

RBS closes cash equities operations in Singapore

Other Asian units affected are those in South Korea and Indonesia.

Currency Briefing - what you need to know for Wed March 21, 2012

The local currency is currently trading at $1.2616, the level it is expected to trade at by the end of 2012.

Citi, JP Morgan and StanChart losing to DBS in SME transaction banking : CIMB

CIMB claims DBS' transaction business which account for 14% of revenue is growing at the expense of rivals.

Currency Briefing - what you need to know for Tues March 20, 2012

The local currency has gained a little on the US dollar, thanks to better-than-expected export numbers.

Meet Manulife's newest senior appointments

Leo Ng, Carolyn Pritchard, and Nicola Vincent will now be holding new positions.

Singapore covered bonds plan positive, supply may be low

The Monetary Authority of Singapore's proposal to introduce rules for covered bond issuance would be positive for Singaporean banks if enacted, as...

Currency Briefing - what you need to know for Mon March 19, 2012

Last week the Singapore dollar traded as high as $1.27, and the US dollar has slipped against the local currency.

MAS inks supervisory deal with Euro market regulators

Singapore’s regulatory framework for credit rating agencies are also to be in line with EU’s rules.

Currency Briefing - what you need to know for Fri March 16, 2012

The US dollar came off its recent high against the Singapore dollar.

Chart of the Day: US 5-year swap rate tests but fails to close above 200-day MA

On 15 March 2012 the growth oriented currencies rallied against the US dollar.

Singaporeans dissatisfied with insurance transparency

And 18% of survey respondents are not even sure if the life insurance they have is right for their needs.

Currency Briefing - what you need to know for Thurs March 15, 2012

There was a shift in sentiment away from Asian currencies while the US dollar strengthened against the G10.

UOB’s net profit could have been S$70m higher in 4Q11

That is if we back out the EU debt related losses.

MAS urges Islamic banks to embark on trade finance

It’s a model that fits well with Shariah principle, says MAS exec director Tai Boon Leong.

Currency Briefing - what you need to know for Wed March 14, 2012

Recovery signs in American economy helped the US dollar strengthen against the Singapore dollar.