Singapore
You won't believe how much retail banks will splurge on IT in 2013
IT spending will hit a massive US$118.6b.
You won't believe how much retail banks will splurge on IT in 2013
IT spending will hit a massive US$118.6b.
OCBC, UOB, DBS had the highest market share gains in the past 9 years
Followed by Korean and Indian large banks.
DBS S$760m 4Q12 income disappoints peers
They were expecting S$788m gains.
How will Asia Pacific banks fare in 2013?
Check out what Fitch and Moody's have to say.
Reasons why DBS can't be knocked off top spot
Return on equity is pegged at 11.2%.
3 challenges for better bank counterparty due diligence
Today, bank compliance departments are under greater pressure than ever before. As the global economy struggles to recover, many banks are experiencing decreasing budgets and fewer resources dedicated to compliance functions.
Crédit Agricole Suisse appoints Sen Sui as chief executive for its SIngapore branch
Victor Choi was also promoted to head of markets and investment solutions in Asia.
Bank of Singapore appoints Fidelis Oruche as head of trading advisory and product development
He reports to Mr Marc Van de Walle, Global Head of Products.
BofAML revamps global transaction services leadership structure in AsiaPac
See who will be leading which department.
Here's what Asia Pacific banks will become in 2013
Fitch Ratings’ outlook for Asia-Pacific (APAC) banks is a broad reflection of their ability to handle the risks of a less favourable external environment.
Trends in private equity hiring in Asia
While private equity (PE) firms tend to be cautious and meticulous recruiters, rapidly growing players in Asia are willing to take a longer term view on hiring.
DBS appoints Vivek Batra as global head of sales for transaction banking
Batra replaces Ken Stratton who has decided to go into semi-retirement after 32 years in banking.
Singapore banks' net profit may have declined 9% in 4Q12
Decreasing NIM is the culprit.
Myanmar Oriental Bank cooperates with Visa for first payment service for POS transactions
Visa cardholders can now use their Visa cards to pay for transactions at select merchants in Myanmar.
OCBC's focus on higher-yielding unsecured personal lending may be futile
It's not enough to offset higher funding costs.
2 risks that could drag UOB down
Worse-than-expected margin deterioration is one risk.
Singapore banks must brace for flat underlying earnings growth in 2013
Mild uptick in credit costs offsets single-digit revenue growth, says Barclays.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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