Singapore
Singapore banks’ loan growth jumped 20% in 5 months
Kim Eng says DBS may profit the most with $719m in 2Q11.
Singapore banks’ loan growth jumped 20% in 5 months
Kim Eng says DBS may profit the most with $719m in 2Q11.
Asian Banking & Finance Retail Banking Awards 2011 winners announced
The region's best banks were recognised at this year's awards held in Singapore. More than 150 bankers from around Asia were on hand to cheer on the winners at Asia's most prestigious retail banking awards.
United Overseas Bank to beef up private banking unit
The lender seeks to add its private bankers to 200 by 2016 from more than 40 at present to tap Singapore’s growing ultra-rich population.
DBS Bank targets to step up India presence
The lender to set up four branches immediately after India’s central bank gives nod to expansion plan.
Temasek still keen on China despite $3.6bn shares sale
China accounts for 20% of the Singapore state investor’s portfolio despite sale of shares in two Chinese banks.
StanChart appoints Neeraj Swaroop as Southeast Asia head
Current India and South Asia chief may relocate in next three months to Singapore, replacing Ray Ferguson.
Singapore banks show stunning loan growth at 24.2% YoY
And this is driven by business loans which expanded 27.5% in May.
Maybank Singapore launches the first Syariah-compliant savings account
This account caters to the local population of around 450,000 Muslims.
Singapore Banks may have to make less risky loans to meet new capital requirements
But analysts breathe a sigh of relief that new capital levels not too tight.
Singapore Banks may have to make less risky loans to meet new capital requirements
But analysts breathe a sigh of relief that new capital levels not too tight.
Singapore’s big 3: New capital rules no big deal
Robust capital and financial standing of DBS, OCBC and UOB make them easy to comply with the new MAS ruling.
GRG launches innovative cash management solution
GRG’s AutoDepot P2801L is an intelligent cash deposit machine that can automate transactions by counting, identifying, sorting and saving independently.
StanChart names Peter Heidinger as global head of Financial Institutions
The former Citigroup's Private Bank head of investment finance in Asia Pacific will be responsible for deepening relations with the bank's important financial and government institutional clients.
OCBC private banking unit increases managed assets
Bank of Singapore aims to tap the growing number of affluent Chinese and Indians by establishing local offices in their respective countries.
Global banking regulators to increase capital charge for banks by up to 2.5%
An additional 1% surcharge would also be imposed if a bank becomes significantly bigger, according to Reuters.
Risk of bank debt rising as regulators 'dreaming'
Ringfencing is on the agenda but regulators may be dreaming if they think it will stop contagion, warns Fitch Ratings.
Temasek CEO Ho Ching may resign in August
Analysts see no disruption in the company’s operations, knowing that it had always executed smooth transition of its leaders.
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