Financial Services
DBS posts S$2.06 billion net earnings for 2009
DBS outdoes itself by breaking records including growth in net interest income to S$4.46 billion and 17 percent rise in profit before allowances.
DBS posts S$2.06 billion net earnings for 2009
DBS outdoes itself by breaking records including growth in net interest income to S$4.46 billion and 17 percent rise in profit before allowances.
DBS inaugurates new headquarters building in Shanghai
Singapore's largest bank continues to grow its branch footprint in China with the inauguration of DBS Bank Tower located in Lujiazui.
How Banking should be more like water
The bottled water industry has figured out how to get to consumers and it’s through their hearts. Unlike banking which asks consumers to focus on the...
MAS plans crackdown on dodgy investment products
Under new proposals, MAS may have more power to investigate company figures, take regulatory action and demand compulsory advising before the sale of...
AXA Insurance Singapore appoints new CEO
AXA Insurance Singapore has appointed Alain Adiceom Chief Executive Officer in place of Henri Gurs.
UOB's life insurance unit to be purchased by Prudential
The life insurance unit of Singapore’s second-largest lender by market value will be purchased by Prudential Plc for S$428 million ($306 million).
MAS slaps new compensation and coverage laws on insurers
The Monetary Authority of Singapore announced today that it is reviewing two sets of measures to strengthen the protection of insurance policy owners...
Standard Chartered appoints Judy Hsu as Group Head, Wealth Management
Standard Chartered Bank today announced the appointment of Judy Hsu as Group Head, Wealth Management, with immediate effect.
SMX gets regulatory clearance
The Singapore Mercantile Exchange has received “in-principle” regulatory clearance from the central bank to start commodity derivatives trading in...
Goldmintz heads MasterCard's commercial payments
MasterCard Worldwide has appointed Kevin Goldmintz as Senior Business Leader, Corporate Payment Solutions, Asia/Pacific, Middle East & Africa.
Euleen Goh re-appointed ASC Chair for second term
Ms Goh will Chair the the Accounting Standards Council from 1 November 2009 to 31 October 2011. 14 other members representing various sake holder...
Steve Sargent is GE Capital's new President & CEO for APAC
General Electric Company's financial services segment GE Capital has appointed Steve Sargent as president and CEO of its business operations in Asia...
Why ban the financial institutions now?
Not all the cranes dottting Singapore’s Marina Bay skyline are building the the integrated resort. Many are, in fact, building ever more grade-A...
Rebuilding trust in Asia
RBS Head of Trade in Asia tells us that trust is the key to rebuild trade. As the credit crisis impacted Asia’s supply chains, trust was badly...
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