Financial Services

45% of finance professionals worldwide say their government is inefficient

And 49% had lost confidence in the economic prospects of their own organizations.

45% of finance professionals worldwide say their government is inefficient

And 49% had lost confidence in the economic prospects of their own organizations.

European debt crisis pulls Singapore shares down

Fears of worsening European debt crisis caused steep losses in Wall Street overnight and pulled Singapore shares 3.45 percent lower.

Institute of Certified Public Accountants of Singapore appoints Tham Kah Poh as CEO

Prior to joining ICPAS, Dr Tham was Director of Strategic Planning and Policy and Chief Information Officer (CIO) of the National Heritage Board.

Proceeds from dim sum bond reaches RMB120.2b this year

And guess which was the busiest month with a total 40 issues?

UOB plans doubling cross-border business lending

The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.

Temasek Holding's president quits

But Hsieh Fu Hua will remain on the group’s board of directors.

Mazars issues disclaimer on Sun East’s audited finances

The company states that it has not been able to obtain sufficient appropriate audit evidence to provide basis for an audit opinion.

Meet Rodyk & Davidson’s new hires in Corporate Finance Practice

Ng Eng Leng, one of the new hires, acted for one of the biggest M&A transactions worth S$10 billion.

SG banks sustain momentum with double-digit loan growth

DBU loans grew 29.7% yoy while loan-to-deposit ratio reached an all-time high of 83.7%.

How enterprise transparency can help your bank?

Virtually every activity within an organization in Singapore involves business content. The majority of operational activities involve creating...

We’ll be tougher: Atty Gen Sundaresh Menon

Tougher penalties will be in place to combat tax evasion and money laundering in Singapore, which has $1.2t worth of assets under management.

Sharply lower loan growth awaits, warns analyst

Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.

Bank lending up 3% in August

MAS data showed bank lending grew from S$381.8b in July to S$393.2b last month.

EZ-Link appoints Nicholas Lee as chief executive officer

His new role will take effect from 1 October 2011.

RQAM cites MBFC's role as Singapore's business and financial hub

The Marina Bay Financial Centre plays a vital role in advancing Singapore’s growth as a global business and financial hub, says chief executive of...

DBS to move headquarters to Marina Bay Financial Centre Tower 3

DBS will occupy 18 floors of the 46-storey building. Singapore’s biggest bank will be the anchor tenant at MBFC Tower 3.

Comments? MAS issues consultation paper on regulatory regime for fund management companies

One proposal is to require FMCs to put in place a risk management framework over their fund management operations.