Financial Services

Chinese structured finance grew 15% in 3Q

130 transactions worth CNY209bn were issued during the period.

Chinese structured finance grew 15% in 3Q

130 transactions worth CNY209bn were issued during the period.

YuuZoo unveils global e-wallet

It is designed for developed countries with low credit card penetration.

Singapore bank lending could turn cautious

Loans could only grow 0-2% by next year.

Japanese life insurers' credit quality under pressure: Moody's

Blame it on an ultralow interest rate environment.

GIC to invest in Indonesian theatre chain

It will be injecting $260m capital in PT Nusantara Sejahtera Raya.

China banks face capital pressures and structural risks: Fitch

Fitch-adjusted total social financing/GDP could reach 258% by year-end.

Singapore banks' credit quality deterioration not over yet

Credit costs could range 39-44bps from 2016-2018.

Demand pressure for analyst roles amongst the highest across Singapore workforce

There are 6 candidates available for each financial analyst role.

HSBC enables Apple Pay for Singapore cardholders

Customers can enjoy $5 off every transaction as a kick off promo.

MAS slaps StanChart, Coutts with $7.6m fine for anti-money laundering breaches

A prohibition order against Goldman Sach's ex-director is also underway.

MAS unveils up to $2b of savings bonds to be offered in 2017

The first bond will be issued on the January 3.

DBS axes 12 brokerage staff as trade volumes slump

But they will be redeployed within the bank.

Bank lending sees 1% growth in October

Following the 12 consecutive months of contraction.

Singapore financial firms under pressure to enhance crime mitigation

They're raising salaries for compliance roles by up to 15%.