Financial Services

Singapore Exchange seeks comment on proposed rules

SGX wants to know public view on planned acceptance of banks as securities trading members.

Singapore Exchange seeks comment on proposed rules

SGX wants to know public view on planned acceptance of banks as securities trading members.

China banking crisis inevitable: Andy Xie

When the property market busts, which it will, Chinese banks will see non-performing loans zoom to 20%, forcing a Chinese TARP.

StanChart appoints Sean Wallace head of client relationships

Sean Wallace has record performance in accelerating the growth of lender’s Corporate Finance business.

Moody's: Singapore monetary policy tightening positive for banks

Country's 3 biggest domestic banks will mostly benefit from the increasing interest rates.

ACRA launches initiatives promoting voluntary compliance amongst companies

Agency intends to develop voluntary compliance on corporate regulatory requirements through non-penal measures and public education.

Manulife Singapore hires Annette King as President & CEO

Her 20-yr all-around experience and track record of outperforming targets made her qualified for the position.

CapitaMalls puts up S$2bln EMTN Programme

The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by...

DBS hires Morgan Stanley banker Tan Su Shan

Tan joins DBS as Managing Director and Head of Private Banking, succeeding DBS Hong Kong CEO Amy Yip.

Chinese version of “Guidebook for Audit Committees” launched

Chinese-speaking directors in Singapore and abroad can now access tools to improve auditing assessment and management.

Russell Investments appoints Edmund Teo as Regional Director Sales and Marketing

Company says Edmund’s experience will help meet expected business growth in the year ahead.

SGX seeks views on Nikkei Dividend Index Futures

Comments on contract can be posted on SGX website from until 19 April.

Bankrupts celebrate as they can get an annulment and wipe the slate clean

Like an unhappily married partner, new laws will allow Singaporean bankrupts who have their bankruptcy anulled to have any record of it expunged from...

AXA Insurance introduces new international health insurance product

Product provides executives and their families S$4mln yearly health protection and access to medical treatment overseas.

Singapore Exchange to delist 5 companies under watch-list

Move was prompted by companies’ 3 consecutive years of financial losses.

Singapore Exchange to offer Nikkei Dividend Index Futures

New index aimed to meet investor demand and highlights 20-yr partnership between SGX and Nikkei. Singapore Exchange (SGX) said Mar. 29 that it will...

Manulife Singapore appoints Robert Elliott as SVP and CDO

Formerly the Vice President, Agency Operations of Manulife (International) Limited, Elliott is now Senior Vice President and Chief Distribution...

StanChart profits up 4% to $3.38bln on strong wholesale banking

Client income, which made up 74 percent of all Wholesale Banking revenue, grew 22 percent to US$6.88 billion.