Financial Services
We are not spoilt: Asia’s next generation of rich
Survey shows majority of Asia’s next generation of business leaders spend most of their time working.
We are not spoilt: Asia’s next generation of rich
Survey shows majority of Asia’s next generation of business leaders spend most of their time working.
Singapore banks’ earnings cut by 4-5% on fears of looming recession
But the banks are stronger now compared to 2008 in terms of asset quality and capital.
Transaction failed? Not anymore as OCBC restores its Singapore network
After having some glitches with its ATM and internet banking services, OCBC managed to restore their system as of 1:15PM today.
HSBC eclipses DBS as top raiser of debt in South East Asia
DBS has fallen all the way back to 8th place with just 23 deals compared to HSBC’s 48.
Macquarie Bank expands its operations in Singapore
The activities of Macquarie Private Wealth Asia will operate through the MBL Singapore Branch from September 8.
Senior private bankers in Singapore earn more than their Swiss counterparts
Estimates show those in Singapore earn between $160,000 and $410,000 a year, while in Switzerland the range is $152,000 to $210,000 annually. This is...
MasterCard appoints Debbie Goldingham as marketing head for South East Asia
Goldingham will take up her new role in early November 2011.
Singapore to become World Bank’s knowledge and financial activities hub
The partnership will provide solutions addressing urban development challenges, infrastructure financing, information communications technology and...
Hong Kong’s US$11bn private equity problem
The money has been raised, but competing with larger Chinese domestic funds is challenging as Isabelle Ulanday reports.
We will not tolerate the use of the financial system for criminal acts: MAS
The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown...
Asia-Pac disasters to propel property catastrophe reinsurance premiums up
Expect tighter terms and conditions as well as international reinsurers attempt to claw back some of the losses.
Maybank launches savings management tool
Maybank Singapore's new savings management tool will help depositors allocate funds towards their savings goals, all within the convenience of one...
American Express Singapore appoints Yoshimi Nakajima as country manager
She will head the consumer card business in Singapore, and become the Singapore Country Manager of American Express International Inc.
Singapore bank loans grew 2% in July
75% of the S$7.5b rise in loans came from the business segment.
Singapore ties up with SMBC to lure Japanese investments
Sumitomo Mitsui Banking Corp. has agreed with the government of Singapore to jointly support Japanese companies planning to do business in the city...
Singapore banks may be vulnerable to external shocks amid looming recession
But, there remain various reasons to assure investors that Singapore banks are likely safe in the event of a global economic slowdown.
Busted: Fraud cases in Singapore surge 13% to 2,068
Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.
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