Financial Services
All positive for Asia’s 40 largest banks
92.5% of the largest banks in Asia Pacific have stable outlooks despite the global financial crisis.
All positive for Asia’s 40 largest banks
92.5% of the largest banks in Asia Pacific have stable outlooks despite the global financial crisis.
1500 banking bean counters wanted for Ernst & Young’s new Financial Services Organisation
It’s billed as the first such centre in the region and will be spearheaded by Keith Pogson.
CIMB ceases merger talks with RHB
“Based on our various discussions and our assessment of the present expectations of key stakeholders, we do not believe that we will be able to...
CapitaLand to appoint Arthur Lang as Group CFO
Currently Morgan Stanley’s Co-Head of Investment Banking in South-east Asia, Mr Lang will join CapitaLand in September.
Bank of Singapore Centre opens at Raffles Place
BoS expands as its earning asset base delivers strong growth in the first five months of 2011, reaching US$36.3 billion.
Singapore conquers wealth management in Asia
The country is expected to rise as the new center of wealth management in the world, overtaking Switzerland and London in the next two years, says...
OCBC’s Bank of Singapore eyes China operation
The private banking operation will be targeting mostly entrepreneurs who are looking at wealth-boosting investment opportunities.
MAS seeks views on residential property loans fact sheet
Among the proposed inclusions in the fact sheet are past trends in the benchmark rate of the loan.
Raffles City issues US$645 million bond
The five-year floating rate notes by Silver Oak is expected to mature by 21 June 2011.
Japanese banks profits to remain flat through 2012
But Japanese banks should have little problem getting their tier 1 capital up to 7% through profits, says Fitch.
Chinese banks’ aggregated net profit up 33% to RMB 687.3 billion in 2010
The average ratio of non-performing loans of the 17 listed banks reduced from 1.58% at the end of 2009 to 1.14% at the end of 2010, says Ernst &...
Westpac Private Bank offers Australian inflation-linked term deposits in Singapore
It is targeted at accredited investors and require a minimum deposit of A$100,000.
58% of Singaporeans with financial plans have more retirement assets
They have more than twice the amount of assets than those without financial plans.
Foreign Financial Talents name Singapore as their preferred workplace over Hong Kong
18% of finance professionals picked Singapore vs 14% for Hong Kong, but which Asia city was picked ahead of Singapore at 23%?
Chinese insurers dipping into Dim Sum bond market
Value Success International's recent Hong Kong issuance of RMB2billion in 3-year "dim sum" bonds was a success, says Moody’s.
SingPost launches remittance service with SBI Singapore
Funds will be remitted securely through SBI platform at all the SingPost’s outlets.
AXA Life appoints Kwek Perroy Li Choo as Chief Marketing Officer
Chen Xia Ling has also been appointed as Chief Financial Officer.
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