Financial Services

Does your company have an effective risk transfer program?

Following the global financial crisis, organisations are seeking new ways to reduce costs while still retaining their service and corporate...

Does your company have an effective risk transfer program?

Following the global financial crisis, organisations are seeking new ways to reduce costs while still retaining their service and corporate...

DBS sets up US$5bn Euro-Commercial Paper Programme

Proceeds to be used for the general business purposes of DBS and its subsidiaries.

HSBC to cut 25,000 jobs by 2013

And it will exit operations in 20 countries as it looks to save billions of dollars.

Countless credit: Loans in Singapore reached a whopping $374b in June

Guess which sector was in dire need of cash and accounted for 56% of the total loans?

DBS’ trading income volatility set to persist

In Q2 2011, trading income slumped 43% to $146 million.

DBS’s profit up to S$735m

But the second quarter result is only a 2% increase compared to 2010.

MAS and China’s banking regulator ink supplemental MOU

Latest pact addresses the need for greater international cooperation to manage crises.

Corporate shocker: Fitch warns investors on risks from Indian perpetual bonds

Though these bonds invariably have equity-like features, Fitch says they should be treated with considerable caution.

How can persons with special needs ensure financial security?

The Special Needs Trust Company provides trust services to persons with special needs in Singapore, so don't fret.

Hong Leong Finance opens fourth SME Centre

SME Centre@Yishun completes foundation network for SME customer services.

Singapore banks’ loan growth jumped 20% in 5 months

Kim Eng says DBS may profit the most with $719m in 2Q11.

Think tank: Deloitte and EDB launch $10m Data Analytics Institute

The Institute is the second one to be established by Deloitte, joining its flagship facility in the US.

GIC’s 20-year annualised rate of return reaches 3.9%

This rate for year ended March 2011 has improved from 3.8% of the year ended March 2010.

Analyst warns MAS likely to make further losses

MAS’ FX intervention policy has become extremely costly.

Southeast Asian banks likely to remain resilient: S&P

Banks in the region are expected to remain healthy despite varying risks and profitability.

Macquarie launches Warrant Hotshot Contest with free ice cream

It’s giving away free ice cream at Raffles Place to get people to sign up for a warrant trading competition.

First Data appoints Marc Mathenz as Senior VP

He will also be leading all business initiatives and operations as Head of Asia Pacific.