Financial Services
StanChart profits up 4% to $3.38bln on strong wholesale banking
Client income, which made up 74 percent of all Wholesale Banking revenue, grew 22 percent to US$6.88 billion.
StanChart profits up 4% to $3.38bln on strong wholesale banking
Client income, which made up 74 percent of all Wholesale Banking revenue, grew 22 percent to US$6.88 billion.
Actis appoints Lionel Soh as Singapore office director
Company expects Soh's extensive work experience in different Asian countries could enhance its regional network.
Monetary Authority of Singapore tells insurers to remain vigilant
In a speech by Mr Low Kwok Mun, the Executive Director stressed the need for insurers to strengthen their risk management capabilities and corporate...
UOB operating profits up to S$3.33bln on stable core franchise
Bad news though is the 38.9% rise in impairment charges which negated the bank's strong operating performance.
Rabobank appoints Soh Hang Kwang CEO of Singapore branch
Under Head of Asia for Rabobank International Robert Jan van Zadelhoff, Soh Hang Kwang will also lead Representative Markets.
MasterCard Worldwide appoints Denzil Lawson head of Regional Business Development
Lawson, who last held the position of General Manager for Middle East and Levant, will now handle business development of the Asia/Pacific, Middle...
Moody's gives Aaa to Temasek's 15yr, 25yr notes
Disciplined management and committed goal of maximising long-term shareholder results translated to company’s Aaa rating.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
CSFI/PwC report warns of Asian banking risks
PricewaterhouseCoopers LLP Asia Financial Services Leader Dominic Nixon talks about the Banking Banana Skin Survey 2010 and what bankers in Asia fear...
Julius Baer hires Eddy Tai as Asia Head IT
Eddy Tai's role in Asia & Middle East strengthens bank's regard to Singapore as Asia hub.
CSFI/PwC report warns of Asian banking risks
Over-reaction of regulators ranked as the biggest fear of Asian bankers.
Singapore lifts ban on sales of structured notes by DBS, Maybank and RBS
Singapore's central bank said on Thursday it will lift the ban on sales of structured notes for DBS Bank, Malayan Banking Bhd and Royal Bank of...
UniCredit pulls trade team out of Singapore
The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.
Great Eastern profits up 90% on investment returns
Great Eastern Holdings Limited reported Wednesday a full-year 2009 net profit of $516.7 million.
DBS interested in investing in Chinese bank
Possible investment in a mainland lender is part of DBS' aggressive expansion plan.
MasterCard announces double digit Q4 growth in Asia/Pacific
APMEA region showed strong 20.3 percent rise in gross dollar volume and 18.6 percent in purchase volume.
DBS expands in China and India, cuts dependence on Singapore
In a bid to reduce reliance on its Singapore home market, DBS Group Holdings Ltd., Southeast Asia's biggest bank, is instead looking at expanding its...
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