Financial Services

DBS invests in Taipei hub and new Taiwan headquarters

DBS invests in Taipei hub and new Taiwan headquarters

The lender to set up subsidiary in 2011, in line with commitment to growing in Taiwan.

Bank of Singapore Appoints New Division Heads

The bank names Jean Lee as Executive Director and Head of Human Resource and Ambrose Law as Executive Director and Chief Finance Officer.

HSBC announces new Private Banking leadership in Asia and EMEA

Two Private Banking heads for Greater China and Singapore will succeed Monica Wong as Chief Executive of Private Banking in Asia.

Great Eastern subsidiary and Malaysian company establish JV

i-Great and KAT forms a takaful company that was awarded a Family Takaful licence.

DBS Bank prices S$1.7bln preference shares

The securities to pay a non-cumulative fixed dividend rate of 4.70% per annum.

ICICI Bank signs up as special clearing member of SMX

The Indian bank’s Singapore branch will clear and settle trades for its regional and international customers.

DBS targets 20-30% assets growth in major Asia markets

Lender expects to expand S$35bln private banking opertions by adding China, Indonesia, and India market.

How to Reduce Risk in Infrastructure Project Finance

The global financial crisis has impacted on the margins and risk profile on which many infrastructure project finance business plans were based.

Straits Times Index now available in streaming technology

Enables investors and traders to receive intra-second updates for better reflection of market performance and transparency.

DBS upgrades Treasury and Market capabilities with SMU

Partnership to create corporate treasury course to bridge talent gap and make Singapore T&M learning hub.

CIMB Bank Singapore opens new Orchard Branch

Lender's deposit base up 222%, home loans surpassed S$1bln, 61,500 credit cards issued in first year.

DBS invests S$200mln in DBS Asia Hub

Bank's multi-market strategic occupancy plan to deliver improved regional connectivity and greater customer value across Asia.

First Advisory Group expands to Asia

Liechtenstein-based financial services company First Advisory Group, Vaduz is opening offices in Singapore and Hong Kong.

DBS to invest S$250mln in Asian treasury & markets business

Move underscores T&M’s ambition to be leading Asian currency and fixed income house following exponential growth.

Korvac receives S$30mln investment from Ingenico

Ingenico poised to tap synergies to expand product offerings and operations in Southeast Asian market.

Banks fall short on customer loyalty in Asia Pacific

Customers feel unappreciated, unrecognized and under rewarded by their banks.

MAS supports global agreement on higher minimum capital standards

The new agreements will enhance global capital standards, promote a more resilient banking sector and support global economic growth.