Financial Services
We will not tolerate the use of the financial system for criminal acts: MAS
The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown...
We will not tolerate the use of the financial system for criminal acts: MAS
The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown...
Asia-Pac disasters to propel property catastrophe reinsurance premiums up
Expect tighter terms and conditions as well as international reinsurers attempt to claw back some of the losses.
Maybank launches savings management tool
Maybank Singapore's new savings management tool will help depositors allocate funds towards their savings goals, all within the convenience of one...
American Express Singapore appoints Yoshimi Nakajima as country manager
She will head the consumer card business in Singapore, and become the Singapore Country Manager of American Express International Inc.
Singapore bank loans grew 2% in July
75% of the S$7.5b rise in loans came from the business segment.
Singapore ties up with SMBC to lure Japanese investments
Sumitomo Mitsui Banking Corp. has agreed with the government of Singapore to jointly support Japanese companies planning to do business in the city...
Singapore banks may be vulnerable to external shocks amid looming recession
But, there remain various reasons to assure investors that Singapore banks are likely safe in the event of a global economic slowdown.
Busted: Fraud cases in Singapore surge 13% to 2,068
Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.
Friends Provident International appoints Ian Black as regional sales manager
Mr. Black will take over from David Scammell in Singapore.
Singapore banks face double threat
Analyst warns there will be continued pressure on net interest margin, and loan growth is seen coming to a standstill.
Singapore to retain monetary policy, says MAS
The Monetary Authority of Singapore noted that interest rates are market-determined and that the current monetary policy stance remained appropriate...
RHB wins three-year currency exchange tender at Changi Airport
This means that RHB will increase the number of its currency exchange counters from 2 to 15, located across all the terminals at the Changi Airport.
Commercial payment solutions in AsiaPac grow 22.9%
Steady business travel within the region largely contributed to the rise in gross dollar volume for the first half of 2011.
SimCorp appoints Nigel Ford as sales team leader in Asia
He will manage growth opportunities in the wealth and investment management centres of Hong Kong and Singapore.
Bond funds under Central Provident Fund Investment resilient in H1 2011
Despite global economic turmoil, CPFIS-included funds only recorded a 1.89% loss on average for the 6-month period ended June 2011.
What you need to know about Bank of Singapore's new hires
The new members will be responsible for expanding Bank of Singapore’s business in South East Asia, with a focus on the Indonesian market.
What you need to know about Royal & Sun Alliance Insurance’s new hires
RSA has new senior management appointments in its Specialty unit across Asia & Middle East.
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