Financial Services

HSBC crosses 1 billion RMB milestone in Singapore

Over 1.25 bllion (S$250 million) in renminbi deposits has been raised since the Bank launched its suite of RMB savings and time deposit accounts in...

HSBC crosses 1 billion RMB milestone in Singapore

Over 1.25 bllion (S$250 million) in renminbi deposits has been raised since the Bank launched its suite of RMB savings and time deposit accounts in...

Chartis marks debut launch of Insurance App for iPhone in Singapore

The accelerating sales of the iPhones worldwide has kick-started the iPhone applications market.

Singapore finance minister tipped to chair IMF panel

Singapore Finance Minister Tharman Shanmugaratnam could be the next chairman of the top advisory body of the International Monetary Fund.

Great Eastern 2010 profit down 1.84% to S$507.2mn

Yet year-on-year total weighted new sales rose 20% to S$723.8mn, driven by the strong growth of 34% in regular premium products.

ABS to absorb SIBA

The Singapore Investment Banking Association will come under the umbrella of the Association of Banks in Singapore from the second half of this year...

Kiasi Singaporeans splurging on insurance

The life insurance industry recorded a robust 16 per cent growth over the previous year.

DBS Private Bank announces new appointments for Indonesia team

Veterans from HSBC and Great Eastern Life Assurance will assume the two senior vice-president posts for one of the bank’s priority growth markets.

Singapore gold storage offered to risk-adverse rich

Switzerland's Palaedino Group and Euroasia Investment unveiled plans on Thursday to store and manage gold in Singapore. The service will be provided ...

Bank loans grew 1.3% in December 2010

Business loans and consumer loans continue to buoy the growth of bank loans.

China Yuchai extends loan agreement with HLGE

HLGE will have a loan extension of S$93,000,000 originally granted to refinance the zero coupon, unsecured, non-convertible bonds issued by HLGE in...

Is FIDReC fair?

Consumers depend on Fidrec, the Financial Industry Disputes Resolution Centre, and its job is to mediate disputes between customers and financial...

Bank Julius Baer appointed David Lim as CEO

David Lim's appointment as CEO of Bank Julius Baer Singapore will reinforce the Bank's commitment to Singapore and the region.

Brand Finance Singapore appoints Shauna Li Roolvink as director

Shauna Li Roolvink will be the Director of Brand Strategy for Brand Finance in Asia.

Randy Guy gets head job

Financial services firm Omgeo has appointed Randy Guy as new global head of technology.

BNP Paribas appoints new Asia Pacific head

12-year banking veteran Eric Reynaud will also be the Chief Executive Officer for Corporate and Investment Banking in the region.

HSBC names Mohit Singh Head of Sales for Global Markets

Mohit has wealth of experience in sales that the bank needs to increase its Global Markets penetration with its Commercial Banking and Global Banking...

MAS spends US$16.8bn to stop SGD strengthening

The central bank pumped US$8.2bn in the spot market and US$8.6bn in the forward market in October to keep the currency from appreciating beyond the...