Financial Services

Brand Finance Singapore appoints Shauna Li Roolvink as director

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

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...

Housing loans up 22.5%

Bank loans growth jumped from 12.2% yoy in September to 13.8% yoy in October. According to OCBC, the increase was buoyed by both business (10.1%yoy...

Singaporeans racking up more credit card debt

Credit card bills increased by 16.6% mom to $2.6b, according to OCBC. On the other hand, bad debts fell to 10.6% mom to $14.3m. Monetary aggregates...

DBS customers with StarHub plans to initially use NFC Mobile Payment Solution

Trialists can make everyday mobile payments, including bus and train fares, with their existing mobile handsets.

BNP Paribas partners with Thai retail brokering giant

The bank signed a Cooperation Agreement with Finansia Syrus Securities Public Company Limited and its subsidiary, ACL Securities Co.support...

Civil Servants to get biggest bonus since 1993

Civil servants will receive at least 3 months in bonus payments at the year-end, according to PSD, in addition to the ½ month bonus and $300 received...

Great Eastern appoints Christopher Wei Group CEO

Wei’s wide range of experience in product development, bancassurance, marketing and branding, customer value management, strategy and risk management...

HSBC names new head for commercial banking in Singapore

Willie Tham, currently the Chief Executive Officer of HSBC in Thailand, will assume the post effective January 2011.

Singapore banks stay attractive by lagging behind

With Singapore banks still trading at 1.4xFY11 P/BV, DBS says there is no reason to ignore them, and they are in fact are inexpensive relative to...

DBS 4.70% preference shares offer more than 3.5 times subscribed

Offer attracts total applications amounting to more than S$1.8bln behind strong retail demand.

DBS Bank opens Ho Chi Minh branch

Branch to meet increasing demand for banking services as companies expand in Vietnam and across Asia.

SGX pioneers OTC clearing for financial derivatives in Asia

Nine banks were admitted as SGX Bank Clearing Members for the clearing of OTC traded financial derivatives products, which started with clearing of...

HSBC appoints chief economist for India and ASEAN

Leif Eskesen will assume responsibility for macroeconomic research on India and Singapore, and will coordinate HSBC’s economic research team for...