Financial Services

UOB plans doubling cross-border business lending

The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.

UOB plans doubling cross-border business lending

The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.

Temasek Holding's president quits

But Hsieh Fu Hua will remain on the group’s board of directors.

Mazars issues disclaimer on Sun East’s audited finances

The company states that it has not been able to obtain sufficient appropriate audit evidence to provide basis for an audit opinion.

Meet Rodyk & Davidson’s new hires in Corporate Finance Practice

Ng Eng Leng, one of the new hires, acted for one of the biggest M&A transactions worth S$10 billion.

SG banks sustain momentum with double-digit loan growth

DBU loans grew 29.7% yoy while loan-to-deposit ratio reached an all-time high of 83.7%.

How enterprise transparency can help your bank?

Virtually every activity within an organization in Singapore involves business content. The majority of operational activities involve creating...

We’ll be tougher: Atty Gen Sundaresh Menon

Tougher penalties will be in place to combat tax evasion and money laundering in Singapore, which has $1.2t worth of assets under management.

Sharply lower loan growth awaits, warns analyst

Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.

Bank lending up 3% in August

MAS data showed bank lending grew from S$381.8b in July to S$393.2b last month.

EZ-Link appoints Nicholas Lee as chief executive officer

His new role will take effect from 1 October 2011.

RQAM cites MBFC's role as Singapore's business and financial hub

The Marina Bay Financial Centre plays a vital role in advancing Singapore’s growth as a global business and financial hub, says chief executive of...

DBS to move headquarters to Marina Bay Financial Centre Tower 3

DBS will occupy 18 floors of the 46-storey building. Singapore’s biggest bank will be the anchor tenant at MBFC Tower 3.

Comments? MAS issues consultation paper on regulatory regime for fund management companies

One proposal is to require FMCs to put in place a risk management framework over their fund management operations.

OCBC’s earnings to slump 6-8%, warns analyst

CIMB cuts its FY11-13 earnings estimate for OCBC by 6-8% mainly from insurance and trading-related income.

Meet Manulife’s new senior management appointees

Manulife Singapore appoints key people in wealth management, marketing, and human resources who will all report to CEO Annette King.

DBS Bank unveils innovative recruitment strategy to woo talent

“Behind the Scenes@ DBS” initiative underlines the bank’s commitment to identifying and nurturing future leaders.

Bank of China sets up forfaiting and commodity units in Singapore

The lender is the first from China to offer the services overseas.