Financial Services

Life Insurance Association re-elects Tan Hak Leh as President

Tan Hak Leh has been re-elected for a second one-year term.

Life Insurance Association re-elects Tan Hak Leh as President

Tan Hak Leh has been re-elected for a second one-year term.

Bank Julius Baer appoints Peter Siber as Chief Risk Officer Asia and Middle East

The appointment is in line with the Bank's commitment to grow Asia as its second home market.

Credit card bad debts fell to $13.8mn in January 2011

Billings fell 11.9% month-on-month to $2.8 billion, according to OCBC.

Bank loans up 16.1% year-on-year in January 2011

The increase was boosted by business loans and consumer loans which increased 13.8% and 18.7% respectively.

DBS Private Bank hires veteran wealth advisor as new executive

Terry Alan Farris has been the bank’s Senior Vice President and Head of Family Office since January 2011.

UOB reports record $2.7bn full year profit

The full year after-tax profit soared 41.8% over last year's profit.

HSBC crosses 1 billion RMB milestone in Singapore

Over 1.25 bllion (S$250 million) in renminbi deposits has been raised since the Bank launched its suite of RMB savings and time deposit accounts in...

Chartis marks debut launch of Insurance App for iPhone in Singapore

The accelerating sales of the iPhones worldwide has kick-started the iPhone applications market.

Singapore finance minister tipped to chair IMF panel

Singapore Finance Minister Tharman Shanmugaratnam could be the next chairman of the top advisory body of the International Monetary Fund.

Great Eastern 2010 profit down 1.84% to S$507.2mn

Yet year-on-year total weighted new sales rose 20% to S$723.8mn, driven by the strong growth of 34% in regular premium products.

ABS to absorb SIBA

The Singapore Investment Banking Association will come under the umbrella of the Association of Banks in Singapore from the second half of this year...

Kiasi Singaporeans splurging on insurance

The life insurance industry recorded a robust 16 per cent growth over the previous year.

DBS Private Bank announces new appointments for Indonesia team

Veterans from HSBC and Great Eastern Life Assurance will assume the two senior vice-president posts for one of the bank’s priority growth markets.

Singapore gold storage offered to risk-adverse rich

Switzerland's Palaedino Group and Euroasia Investment unveiled plans on Thursday to store and manage gold in Singapore. The service will be provided ...

Bank loans grew 1.3% in December 2010

Business loans and consumer loans continue to buoy the growth of bank loans.

China Yuchai extends loan agreement with HLGE

HLGE will have a loan extension of S$93,000,000 originally granted to refinance the zero coupon, unsecured, non-convertible bonds issued by HLGE in...

Is FIDReC fair?

Consumers depend on Fidrec, the Financial Industry Disputes Resolution Centre, and its job is to mediate disputes between customers and financial...