Financial Services

What you need to know about DBS' key hires

As at end-August 2011, DBS Wealth Management employs nearly 450 staff across the region.

What you need to know about DBS' key hires

As at end-August 2011, DBS Wealth Management employs nearly 450 staff across the region.

UBS Chief Gruebel faces pressure from Singapore board

Oswald Greubel may be forced to shrink the investment bank after the $2.3b loss from fraudulent trading last week, according to Bloomberg’s report.

We take this seriously: MAS on OCBC’s disruption of services

The Monetary Authority of Singapore will determine the appropriate regulatory action upon assessment of the investigation’s outcome.

DBS Bank's S$250mn investment to raise the bar of Asia’s private banking

The lender launches DBS Treasures Private Client and other moves to take Asian private banking to a new level.

Singapore’s loan growth slowdown may be more severe, warns analyst

FY12 loan growth is forecast to be between 8% and 8.5% which is sharply lower than FY11’s forecast of between 16% & 20%, but it doesn’t stop there.

UBS board to discuss $2.3b loss

Sacking looms as the bank’s directors will also meet in Singapore to review possible management changes.

UOB is the best managed among the Singapore banks for liquidity risks

Its capital buffers are also the highest compared to OCBC and DBS.

UOB on track towards ASEAN expansion

As 36% of its group profits in 1H 2011 came from markets outside Singapore.

We are not spoilt: Asia’s next generation of rich

Survey shows majority of Asia’s next generation of business leaders spend most of their time working.

Singapore banks’ earnings cut by 4-5% on fears of looming recession

But the banks are stronger now compared to 2008 in terms of asset quality and capital.

Transaction failed? Not anymore as OCBC restores its Singapore network

After having some glitches with its ATM and internet banking services, OCBC managed to restore their system as of 1:15PM today.

HSBC eclipses DBS as top raiser of debt in South East Asia

DBS has fallen all the way back to 8th place with just 23 deals compared to HSBC’s 48.

Macquarie Bank expands its operations in Singapore

The activities of Macquarie Private Wealth Asia will operate through the MBL Singapore Branch from September 8.

Senior private bankers in Singapore earn more than their Swiss counterparts

Estimates show those in Singapore earn between $160,000 and $410,000 a year, while in Switzerland the range is $152,000 to $210,000 annually. This is...

MasterCard appoints Debbie Goldingham as marketing head for South East Asia

Goldingham will take up her new role in early November 2011.

Singapore to become World Bank’s knowledge and financial activities hub

The partnership will provide solutions addressing urban development challenges, infrastructure financing, information communications technology and...