Financial Services
Singapore conquers wealth management in Asia
The country is expected to rise as the new center of wealth management in the world, overtaking Switzerland and London in the next two years, says...
Singapore conquers wealth management in Asia
The country is expected to rise as the new center of wealth management in the world, overtaking Switzerland and London in the next two years, says...
OCBC’s Bank of Singapore eyes China operation
The private banking operation will be targeting mostly entrepreneurs who are looking at wealth-boosting investment opportunities.
MAS seeks views on residential property loans fact sheet
Among the proposed inclusions in the fact sheet are past trends in the benchmark rate of the loan.
Raffles City issues US$645 million bond
The five-year floating rate notes by Silver Oak is expected to mature by 21 June 2011.
Japanese banks profits to remain flat through 2012
But Japanese banks should have little problem getting their tier 1 capital up to 7% through profits, says Fitch.
Chinese banks’ aggregated net profit up 33% to RMB 687.3 billion in 2010
The average ratio of non-performing loans of the 17 listed banks reduced from 1.58% at the end of 2009 to 1.14% at the end of 2010, says Ernst &...
Westpac Private Bank offers Australian inflation-linked term deposits in Singapore
It is targeted at accredited investors and require a minimum deposit of A$100,000.
58% of Singaporeans with financial plans have more retirement assets
They have more than twice the amount of assets than those without financial plans.
Foreign Financial Talents name Singapore as their preferred workplace over Hong Kong
18% of finance professionals picked Singapore vs 14% for Hong Kong, but which Asia city was picked ahead of Singapore at 23%?
Chinese insurers dipping into Dim Sum bond market
Value Success International's recent Hong Kong issuance of RMB2billion in 3-year "dim sum" bonds was a success, says Moody’s.
SingPost launches remittance service with SBI Singapore
Funds will be remitted securely through SBI platform at all the SingPost’s outlets.
AXA Life appoints Kwek Perroy Li Choo as Chief Marketing Officer
Chen Xia Ling has also been appointed as Chief Financial Officer.
SGX appoints Richard Teng as Head of Regulation
Other appointments include Mr Kelvin Koh as Head of Market Surveillance, Ms Annie Ong as Acting Head of Enforcement, and Ms Agnes Siew as Head of...
Bank Julius Baer appoints Lee Boon Keng as head of Investment Solutions Group
Mark Matthews was also named as Head of Research in Asia.
DBS to be overtaken by Maybank if acquisition pushes through
Malaysia’s--and potentially Southeast Asia’s--biggest lender plans to acquire RHB for a combined capitalisation of approximately $29 billion.
Fraudulent employee ordered to pay more than $2m
A high court ruling said the former EFG employee made 160 unauthorised trades in a client’s account.
Temasek CEO’s departure possible by August
Under Ho’s leadership, Temasek’s assets climbed 43% to $186 bn in 2010, according to a report from the Financial Times.
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