Financial Services

Macquarie Bank expands its operations in Singapore

The activities of Macquarie Private Wealth Asia will operate through the MBL Singapore Branch from September 8.

Macquarie Bank expands its operations in Singapore

The activities of Macquarie Private Wealth Asia will operate through the MBL Singapore Branch from September 8.

Senior private bankers in Singapore earn more than their Swiss counterparts

Estimates show those in Singapore earn between $160,000 and $410,000 a year, while in Switzerland the range is $152,000 to $210,000 annually. This is...

MasterCard appoints Debbie Goldingham as marketing head for South East Asia

Goldingham will take up her new role in early November 2011.

Singapore to become World Bank’s knowledge and financial activities hub

The partnership will provide solutions addressing urban development challenges, infrastructure financing, information communications technology and...

Hong Kong’s US$11bn private equity problem

The money has been raised, but competing with larger Chinese domestic funds is challenging as Isabelle Ulanday reports. 

We will not tolerate the use of the financial system for criminal acts: MAS

The Monetary Authority of Singapore is keen to protect the financial system from illegitimate funds amidst the US and Europe’s tax evasion crackdown...

Asia-Pac disasters to propel property catastrophe reinsurance premiums up

Expect tighter terms and conditions as well as international reinsurers attempt to claw back some of the losses.

Maybank launches savings management tool

Maybank Singapore's new savings management tool will help depositors allocate funds towards their savings goals, all within the convenience of one...

American Express Singapore appoints Yoshimi Nakajima as country manager

She will head the consumer card business in Singapore, and become the Singapore Country Manager of American Express International Inc.

Singapore bank loans grew 2% in July

75% of the S$7.5b rise in loans came from the business segment.

Singapore ties up with SMBC to lure Japanese investments

Sumitomo Mitsui Banking Corp. has agreed with the government of Singapore to jointly support Japanese companies planning to do business in the city...

Singapore banks may be vulnerable to external shocks amid looming recession

But, there remain various reasons to assure investors that Singapore banks are likely safe in the event of a global economic slowdown.

Busted: Fraud cases in Singapore surge 13% to 2,068

Blame it on the delinquent credit card holders as credit card fraud cases rose from 132 to 192 in H1 2011.

Friends Provident International appoints Ian Black as regional sales manager

Mr. Black will take over from David Scammell in Singapore.

Singapore banks face double threat

Analyst warns there will be continued pressure on net interest margin, and loan growth is seen coming to a standstill.

Singapore to retain monetary policy, says MAS

The Monetary Authority of Singapore noted that interest rates are market-determined and that the current monetary policy stance remained appropriate...

RHB wins three-year currency exchange tender at Changi Airport

This means that RHB will increase the number of its currency exchange counters from 2 to 15, located across all the terminals at the Changi Airport.