Financial Services
Moody's: Singapore monetary policy tightening positive for banks
Country's 3 biggest domestic banks will mostly benefit from the increasing interest rates.
Moody's: Singapore monetary policy tightening positive for banks
Country's 3 biggest domestic banks will mostly benefit from the increasing interest rates.
ACRA launches initiatives promoting voluntary compliance amongst companies
Agency intends to develop voluntary compliance on corporate regulatory requirements through non-penal measures and public education.
Manulife Singapore hires Annette King as President & CEO
Her 20-yr all-around experience and track record of outperforming targets made her qualified for the position.
CapitaMalls puts up S$2bln EMTN Programme
The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by...
DBS hires Morgan Stanley banker Tan Su Shan
Tan joins DBS as Managing Director and Head of Private Banking, succeeding DBS Hong Kong CEO Amy Yip.
Chinese version of “Guidebook for Audit Committees” launched
Chinese-speaking directors in Singapore and abroad can now access tools to improve auditing assessment and management.
Russell Investments appoints Edmund Teo as Regional Director Sales and Marketing
Company says Edmund’s experience will help meet expected business growth in the year ahead.
SGX seeks views on Nikkei Dividend Index Futures
Comments on contract can be posted on SGX website from until 19 April.
Bankrupts celebrate as they can get an annulment and wipe the slate clean
Like an unhappily married partner, new laws will allow Singaporean bankrupts who have their bankruptcy anulled to have any record of it expunged from...
AXA Insurance introduces new international health insurance product
Product provides executives and their families S$4mln yearly health protection and access to medical treatment overseas.
Singapore Exchange to delist 5 companies under watch-list
Move was prompted by companies’ 3 consecutive years of financial losses.
Singapore Exchange to offer Nikkei Dividend Index Futures
New index aimed to meet investor demand and highlights 20-yr partnership between SGX and Nikkei. Singapore Exchange (SGX) said Mar. 29 that it will...
Manulife Singapore appoints Robert Elliott as SVP and CDO
Formerly the Vice President, Agency Operations of Manulife (International) Limited, Elliott is now Senior Vice President and Chief Distribution...
StanChart profits up 4% to $3.38bln on strong wholesale banking
Client income, which made up 74 percent of all Wholesale Banking revenue, grew 22 percent to US$6.88 billion.
Actis appoints Lionel Soh as Singapore office director
Company expects Soh's extensive work experience in different Asian countries could enhance its regional network.
Monetary Authority of Singapore tells insurers to remain vigilant
In a speech by Mr Low Kwok Mun, the Executive Director stressed the need for insurers to strengthen their risk management capabilities and corporate...
UOB operating profits up to S$3.33bln on stable core franchise
Bad news though is the 38.9% rise in impairment charges which negated the bank's strong operating performance.
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