Financial Services
MAS and European Securities and Markets Authority to cooperate on CCPs
To let local CCPs provide clearing services to EU participants and trading venues.
MAS and European Securities and Markets Authority to cooperate on CCPs
To let local CCPs provide clearing services to EU participants and trading venues.
SGX opens new Hong Kong office to boost presence in Greater China
It will focus on derivatives trading.
RHB Investment Bank expands Singapore operations with acquisition of DMG & Partners
The company has been rebranded as RHB Securities Singapore.
Daily Briefing: Singapore is fastest growing city for ultra-rich; Super luxury bungalow prices rise to $1,428 psf
And 1 in 5 foreign domestic workers in Singapore vulnerable to mental health issues.
Higher rates for Singapore banks offer huge operating leverage
Analysts believe they can rerate further.
DFCC Bank names SR Thambiayah as director
She was joint managing director of Renuka Hotels and Renuka City Hotels.
MAS inks deal with Malaysia, Thailand for streamlined cross-border prospectus review framework
The deal will enhance market efficiency.
iFAST’s net profit jumped 33.7% to $10.5m in FY14
Assets under administration rose to a record high.
Local banks gear up for testing times as credit outlook dims
The big three are fattening up their buffers.
Banks, securities firms team up to launch online portal on unlisted specified investment products
The portal is free for all investors.
Domestic bank lending slips to $607.5b in January
Due to lower general commerce loans.
Stanley Cheong Kok Yew quits as TIH Ltd director
He intended to pursue other career opportunities and personal interests.
Over half of financial services execs alarmed over intensifying regulatory pressures
Tighter competition is also a key challenge.
CPF Investment Scheme funds trailed behind global benchmarks in 2014
CPFIS-included funds rose 7.4%.
Local banks grapple with intensifying cyclical risks
Asset quality and profitability are under pressure.
Analysts laud comprehensive “people’s budget”
It will set the course for the next 50 years.
OCBC sweeps 2014 earnings race with 38.8% profit surge
Guess which of the top SG banks reported the smallest increase?