Financial Services

How can persons with special needs ensure financial security?

The Special Needs Trust Company provides trust services to persons with special needs in Singapore, so don't fret.

How can persons with special needs ensure financial security?

The Special Needs Trust Company provides trust services to persons with special needs in Singapore, so don't fret.

Hong Leong Finance opens fourth SME Centre

SME Centre@Yishun completes foundation network for SME customer services.

Singapore banks’ loan growth jumped 20% in 5 months

Kim Eng says DBS may profit the most with $719m in 2Q11.

Think tank: Deloitte and EDB launch $10m Data Analytics Institute

The Institute is the second one to be established by Deloitte, joining its flagship facility in the US.

GIC’s 20-year annualised rate of return reaches 3.9%

This rate for year ended March 2011 has improved from 3.8% of the year ended March 2010.

Analyst warns MAS likely to make further losses

MAS’ FX intervention policy has become extremely costly.

Southeast Asian banks likely to remain resilient: S&P

Banks in the region are expected to remain healthy despite varying risks and profitability.

Macquarie launches Warrant Hotshot Contest with free ice cream

It’s giving away free ice cream at Raffles Place to get people to sign up for a warrant trading competition.

First Data appoints Marc Mathenz as Senior VP

He will also be leading all business initiatives and operations as Head of Asia Pacific.

Asia Pac wealth management industry's IT spending to top $4.6b by 2015

Ovum predicts a growth rate of 8% over a five year period.

OCBC’s net interest income set to be ‘unexciting’

DMG is forecasting OCBC's 2Q11 net profit to be S$607m, a 3% QoQ decline.

NETS launches payment collection solution for small businesses

iNETS QuickPay aims to convert S$16 billion worth of paper payment transactions to electronic payments.

UOB to grow private bankers headcount fivefold

The lender currently has only 40 private bankers.

DBS’ earnings to drop 10% in 2Q11

CIMB expects the bank’s earnings to total S$727m.

MasterCard appoints Philip Yen as emerging payments group head

He will be responsible for driving product strategies to ensure maximum penetration of market segments and working with customers to identify...

UOB to set up $400m US property fund

The bank is partnering with UK asset management company Hermes.

DBS Bank launches account for start-ups

DBS can now lend support to over 50,000 companies established in Singapore each year.