Financial Services

CSFI/PwC report warns of Asian banking risks

PricewaterhouseCoopers LLP Asia Financial Services Leader Dominic Nixon talks about the Banking Banana Skin Survey 2010 and what bankers in Asia fear...

CSFI/PwC report warns of Asian banking risks

PricewaterhouseCoopers LLP Asia Financial Services Leader Dominic Nixon talks about the Banking Banana Skin Survey 2010 and what bankers in Asia fear...

Julius Baer hires Eddy Tai as Asia Head IT

Eddy Tai's role in Asia & Middle East strengthens bank's regard to Singapore as Asia hub.

CSFI/PwC report warns of Asian banking risks

Over-reaction of regulators ranked as the biggest fear of Asian bankers.

Singapore lifts ban on sales of structured notes by DBS, Maybank and RBS

Singapore's central bank said on Thursday it will lift the ban on sales of structured notes for DBS Bank, Malayan Banking Bhd and Royal Bank of...

UniCredit pulls trade team out of Singapore

The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.

Great Eastern profits up 90% on investment returns

Great Eastern Holdings Limited reported Wednesday a full-year 2009 net profit of $516.7 million.

DBS interested in investing in Chinese bank

Possible investment in a mainland lender is part of DBS' aggressive expansion plan.

MasterCard announces double digit Q4 growth in Asia/Pacific

APMEA region showed strong 20.3 percent rise in gross dollar volume and 18.6 percent in purchase volume.

DBS expands in China and India, cuts dependence on Singapore

In a bid to reduce reliance on its Singapore home market, DBS Group Holdings Ltd., Southeast Asia's biggest bank, is instead looking at expanding its...

DBS posts S$2.06 billion net earnings for 2009

DBS outdoes itself by breaking records including growth in net interest income to S$4.46 billion and 17 percent rise in profit before allowances.

DBS inaugurates new headquarters building in Shanghai

Singapore's largest bank continues to grow its branch footprint in China with the inauguration of DBS Bank Tower located in Lujiazui.

How Banking should be more like water

The bottled water industry has figured out how to get to consumers and it’s through their hearts. Unlike banking which asks consumers to focus on the...

MAS plans crackdown on dodgy investment products

Under new proposals, MAS may have more power to investigate company figures, take regulatory action and demand compulsory advising before the sale of...

AXA Insurance Singapore appoints new CEO

AXA Insurance Singapore has appointed Alain Adiceom Chief Executive Officer in place of Henri Gurs.

UOB's life insurance unit to be purchased by Prudential

The life insurance unit of Singapore’s second-largest lender by market value will be purchased by Prudential Plc for S$428 million ($306 million).

MAS slaps new compensation and coverage laws on insurers

The Monetary Authority of Singapore announced today that it is reviewing two sets of measures to strengthen the protection of insurance policy owners...

Standard Chartered appoints Judy Hsu as Group Head, Wealth Management

Standard Chartered Bank today announced the appointment of Judy Hsu as Group Head, Wealth Management, with immediate effect.