Financial Services

UOB prices US$500 million 2.25% fixed rate senior notes

UOB announced that it intends to issue US$500 million 2.25% fixed rate senior notes due 2017.

UOB prices US$500 million 2.25% fixed rate senior notes

UOB announced that it intends to issue US$500 million 2.25% fixed rate senior notes due 2017.

Banks’ asset quality is as good as it gets: CIMB

And this is the key negative for Singapore’s banking sector.

Currency Briefing - what you need to know for Thurs March 1, 2012

Singapore dollar showed resilience and avoided a steeper decline.

DBS' smashing US$ deposits revealed

US$ deposits grew by S$6.3bn and the US$ funding gap shrunk to S$21bn.

UOB's soaring credit costs drag its growth

But the bank's strong net interest income was spurred by an upturn in margins.

Standard Chartered Bank posts record income of US$2b in FY11

Thanks to its consumer and wholesale banking business which accounted for 42% and 58% of the income, consecutively.

Currency Briefing - what you need to know for Wed Feb 29, 2012

The Singapore dollar was up 1.2478 Tuesday night.

St. James Holdings appoints Gordon Foo Chuan Wei as Business Development Manager

The resignation of the company's COO will give Mr. Foo greater roles and responsibilities.

Currency Briefing - what you need to know for Tues Feb 28, 2012

There was weakness in the local currency amidst concerns from the G20 meeting.

Currency Briefing - what you need to know for Mon Feb 27, 2012

Weak economic data caused the Singapore dollar to slip against the US dollar.

UOB’s FY11 net profit disappoints market expectations

But the corporate banking business is seen to drive UOB’s growth in FY12.

Card skimmers attack DBS Singapore

DBS reports a total of SGD23,000 worth of unauthorized withdrawals last Sunday, Feb 19.

Currency Briefing - what you need to know for Fri Feb 24, 2012

The US dollar weakened against the G10 amidst downward pressure on risk assets including many Asian currencies.

Currency Briefing - what you need to know for Thurs Feb 23, 2012

The Singapore dollar slipped against the US dollar amidst global economic uncertainty.

Currency Briefing - what you need to know for Wed Feb 22, 2012

There was a boost in Asian currencies, including the Singapore dollar, but it didn’t linger.

OCBC appoints Ooi Sang Kuang as Director

His qualification and experience was given merit by the Nominating Committee.

Currency Briefing - what you need to know for Tues Feb 21, 2012

The Singapore dollar along with other Asian currencies were stronger against the US dollar.