Financial Services

How will negative interest rates affect Japanese banks?

Moody's estimates a 4%-7% decline in aggregate net income.

How will negative interest rates affect Japanese banks?

Moody's estimates a 4%-7% decline in aggregate net income.

Singapore private banks buck the declining trend in assets under management in Asia

DBS Private Bank moved three spots to fifth in a regional ranking of banks based on AUM.

DFCC Bank appoints Mr. H.A. Ariyaratne as a member of board

His appointment became effective on October 10, 2016.

Thai banks' earnings to bottom out next year

Earnings may grow 15% after two consecutive years of slump.

Dutch Bank ING said to shut equity derivatives business in Singapore

It's the first large European lender moving staff to UK post-Brexit.

China's declining foreign reserves to persist

Total foreign reserves shrank by USD18.8bn to USD3,166.4bn in September.

China property and casualty insurance sector headed for moderation

Premium growth is projected to slow to high-single digit levels.

Chinese banks beef up lending to Singapore metal traders as the sector bottoms out

Some offers an annual flexible credit line at 1-1.5% over LIBOR.

Here's how Falcon Bank neglected 1MDB’s red flags

"Head Office is watching you," a senior manager warned.

Here's why CNY internalisation will be a long-term process

Yuan's share in terms of wordwide payment stood at only 1.9% in August.

Korean regulatory change may expose banks to IFRS 9: Fitch

Less conservative loan-loss provisioning poses risk.

Should Singapore banks be worried about escalating oil & gas default risks?

Another Malaysian O&G firm defaulted on bonds worth $125m.