Financial Services

Zeena Dang appointed regional business development manager for 1Cover

The travel insurance firm opened its office in Singapore last October and Ms Dang has spent the last three years working with a global leader in...

Zeena Dang appointed regional business development manager for 1Cover

The travel insurance firm opened its office in Singapore last October and Ms Dang has spent the last three years working with a global leader in...

Manulife launches two new plans

mPal and mEase cater to customers looking for protection solutions against accidents and critical illnesses.

Singapore will hire most bankers in the world this year: survey

37 % of bankers and hedge fund managers surveyed by recruitment firm said Singapore will add the most financial services jobs in 2011, followed by...

S$ strength could weaken banks’ loan growth:DMG

Overseas assets of Singapore banks will be translated to SGD at less favourable rates.

MAS launches Code of Conduct for private bankers

The Private Banking Code is applicable to financial institutions and their staff engaged in private banking activities in Singapore.

Mortage loans growth falls sharply as property measures bite

Housing loans growth falls sharply to just 1% in February, but could start contracting, warns DBS.

Consumer loans accelerate to 18.9% in 2011

This is the highest bank lending activity since November 2008, rising to 17.3% this year.

Bank lending surged 17% in February 2011

On a month-on-month basis, Singapore bank lending rose 1.6% last month.

OCBC banks launches "scan and pay" application for android phones

The feature allows customer to scan barcodes, obtain billing details and make payments from their accounts.

OCBC launches RMB200mn offshore certificate of deposit

The issue was fully taken up within the day of its launch, said OCBC.

SPRING provided $20mn worth of assistance last year

The money was used to assist 69 start-ups through various programmes.

Insurance underwriting profits up 4.4%

Singapore's general insurance industry recorded a gross premium income of S$3.03 billion in 2010, up 3.7 per cent from the previous year. This was...

Singapore bank loans to grow by 10%:Moody's

Banks are expected to produce solid profits during the next 12 to 18 months against a backdrop of moderate and sustainable GDP growth.

Bank of America global commodities staff exodus continues

Two senior executives of BofA have gone from Singapore including some sales staff according to Reuters.

DBS customers donated over $1mn to help victims of Japan quake disaster

These donations to the "Red Cross Japan Disaster" fund were made via DBS' ATM network and AXS Stations.

Government to toughen up on Credit Rating Agencies

The MAS released a proposal to regulate the CRAs to meet international standards and practices.

MasterCard appoints Maripi Jalandoni as Group Head of Marketing

Based in Singapore, she will ensure that the company's brand positioning is executed effectively across Asia Pacific, Middle East and Africa.