Financial Services
J.P. Morgan appointed depositary bank of one of China's leading IELTS examiner
Global Education and Technology Group Ltd expects to use the capital from the 7,331,250 ADSs it has issued – priced at USD 10.50-- to expand its...
J.P. Morgan appointed depositary bank of one of China's leading IELTS examiner
Global Education and Technology Group Ltd expects to use the capital from the 7,331,250 ADSs it has issued – priced at USD 10.50-- to expand its...
Sarasin forms Wealth Management Solutions division for Asia
The team, which will be headed by Anne Luke as a Managing Director, will be responsible for originating, structuring and executing sophisticated...
Fitch assigns expected 'A+' rating to OCBC's subordinated notes
The rating on the Subordinated Notes—due 2022 callable in 2017—is one notch below OCBC's 'AA-' Long-term foreign-currency Issuer Default Rating (IDR)...
DBS Bank seen to defy analysts' year-end predictions
With record net profit of S$1.97b for 9M10 and revenue growth of 14.7% y-y, the bank’s full year earnings for FY10 is likely to exceed the S$6.9b...
DBS Bombshell results: killer new strategy pays off
The bank's 3Q earnings rise 28% from 2009 to a record S$722m while net interest income rose 1% from the previous quarter to S$1.08 billion as the...
DBS Bank's "A" rating now for good
Fitch Ratings has assigned a final rating of 'A' to the bank's dollar Non-Cumulative Non-Convertible Non-Voting Preference Shares Callable in 2020...
OCBC nine months' profit up 20% to S$1.75bln
OCBC’s revenue momentum remains strong behind loan growth, robust fee revenues, and healthy contributions from Great Eastern and Bank of Singapore.
Great Eastern profit up threefold to $168.6mln
Strong profit from the Group’s focus on regular premium and protection products drove its stellar performance.
Lion Global Investors appoints Gerard Lee CEO
Board hires Lee to replace Daniel Chan behind latter's extensive experience in Singapore's fund management businesses.
DBS invests in Taipei hub and new Taiwan headquarters
The lender to set up subsidiary in 2011, in line with commitment to growing in Taiwan.
Bank of Singapore Appoints New Division Heads
The bank names Jean Lee as Executive Director and Head of Human Resource and Ambrose Law as Executive Director and Chief Finance Officer.
HSBC announces new Private Banking leadership in Asia and EMEA
Two Private Banking heads for Greater China and Singapore will succeed Monica Wong as Chief Executive of Private Banking in Asia.
Great Eastern subsidiary and Malaysian company establish JV
i-Great and KAT forms a takaful company that was awarded a Family Takaful licence.
DBS Bank prices S$1.7bln preference shares
The securities to pay a non-cumulative fixed dividend rate of 4.70% per annum.
ICICI Bank signs up as special clearing member of SMX
The Indian bank’s Singapore branch will clear and settle trades for its regional and international customers.
DBS targets 20-30% assets growth in major Asia markets
Lender expects to expand S$35bln private banking opertions by adding China, Indonesia, and India market.
How to Reduce Risk in Infrastructure Project Finance
The global financial crisis has impacted on the margins and risk profile on which many infrastructure project finance business plans were based.
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