Singapore

Standard Chartered appoints Zhang Su as equity research analyst for emerging companies

Standard Chartered announced the appointment of Zhang Su as Equity Research Analyst, Emerging Companies. Su is based in Hong Kong and reports jointly to Jeremy Sutch, Head of Emerging Companies Research, and Erwin Sanft, Head of Hong Kong/China Equity Research. In this role, Su will be responsible for covering Emerging Companies in China and Hong Kong. His appointment follows that of Sumit Choudhary, Head of Emerging Companies Research in India, as the Bank rounds up our regional Emerging Companies team. Su joins Standard Chartered from Exane BNP Paribas in London, where he most recently worked as an equity strategist focusing on China. He was previously located in Shanghai, where he held roles at Standard Chartered and Pricewaterhouse Coopers. Commenting on Su’s appointment, Jeremy Sutch said, “We are very pleased to welcome Zhang Su back to the Bank, bringing with him best practices from other institutions. I look forward to his contribution as we continue to expand and deepen our equity research capability to meet increasing demands from our clients.”

Citi launches Virtual Card Accounts in 6 Asian markets

Including Singapore, Malaysia, and South Korea.

SWIFT revamps APAC relationship management organisation, appoints Patrick de Courcy deputy CE

According to a statement, SWIFT is maintaining its strategic programmes in greater China, India and ASEAN, while investing more staff in its core competency of supporting the backbone of the financial industry – market infrastructures – not just in mature and growing economies but also in frontier markets.

Islamic banking continues Singapore expansion

Middle East banks in Singapore now offering Islamic banking.

What JP Morgan's Jamie Dimon means for the Asian banking sector

Like or not, Jamie Dimon, JP Morgan Chase’s (NYSE: JPM) iconic Chairman & CEO, survived a referendum vote of his leadership over his bank. On May 21, the combative leader of the bank just scored a resounding victory. In what has to be considered something of a shocker, just 32.2 percent of shareholders voted in favor of the split, compared with 40 percent last year.

What Asian banks need to know about customers' trust and fair treatment (Part 2)

In Part Two of a special series of reports regarding conduct risk and consumer protection regulations, we continue with a brief history on the principles of fair treatment.

Why strong 'mind share' is important in Asian transaction banking

Asian banking success is traditionally measured by Market Share, Wallet Share and Customer Satisfaction rankings. Yet an oft-overlooked metric is ‘Mind Share’. How can banks that are operating in highly competitive and increasingly interconnected Asian markets garner greater support and advocacy of their products and services? This strategic and commonly misunderstood challenge is a clear differentiator between some of the key banks in Asia, and their competitive position against rivals. The concept also offers a valuable opportunity for growth and overall competitive positioning fulfilment.

Creating value in Asian private equity transactions in 2013

At the risk of generalising, whilst buyout deals do exist (but are rare), most Private Equity Funds in Asia typically take minority stakes in companies (about 20%) and work with the founders to grow these companies for IPO or for trade sales. This means that in Asia, the PE Firm cannot replace the management of such companies easily and thus in Asia it usually takes more than mere capital to grow a company and prepare the target company for an exit.

Singapore eager for more renminbi business

First MAS representative office in Beijing good for commercial banks.

MAS opens office in Beijing

It’s the third overseas representative office of the Monetary Authority of Singapore.

Moody's reaffirms OCBC Aa1 rating with a stable outlook

Rating reflects OCBC’s strong capital position.