Cash Management
What you need to know about Lombard Odier’s new hires in AsiaPac
What you need to know about Lombard Odier’s new hires in AsiaPac
Lombard Odier has expanded its institutional sales team with the appointment of three new members in Asia-Pacific.
HSBC Global Asset Management appoints Elizabeth Allen as director and head of credit research
She will head the Asia-Pacific operations, effective immediately.
Nikko Asset Management acquires DBSAM Singapore for SGD 137m
DBS has in turn acquired a 7.25% interest of the enlarged Nikko AM.
ICBC cash canagement customers exceed 600,000
ICBC secured more than 600,000 cash management customers by end of June, an increase of nearly 20% over the end of previous year. This allows ICBC...
ICBC personal pension accounts exceed 9.5 million
ICBC secured its leading market position by having 9,520,000 personal pension accounts under management, RMB 43.5 billion of pension fund under trust...
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...
Australians in looming debt spiral
NAB study shows 2.6mn Australians would have difficulty raising $3000 in an emergency while many lack access to basic banking services.
Vietnam first in Asia Pacific for HSBC's receivables management solution
Vietnam is the first Asia Pacific market in which HSBC has launched the Integrated Receivables Solution service consisting of VirtualAccount...
Disaster in Japan: impact on Cash Investment Strategies
Almost a month since the 11 March 2011 earthquake in Japan, and we continue to examine its impact of the damage on industries.
Consumers spending remains strong
Retail sales value growth eased to 8.6% in February, due to the Lunar New Year holidays.
BNP Paribas and Sacombank signed Service Agreement in Cash Management
Under the Agreement, BNP Paribas will offer cash management services to its local and multinational customers through Sacombank’s branch networks in...
ICBC posts 500,000 cash management customers for 2010
ICBC secured the first place in the ranking of Chinese cash management banks by scoring more than 500,000 customers as of the end of 2010.
Siam Commercial Bank selects Transoft Cash Management
The bank to maximize use of Transoft’s OptiCash applications suite for its next generation currency management
PACRA upgrades Bank AL Habib rating
PACRA has upgraded the long-term rating of Bank AL Habib Limited to “AA+”. It also maintained the short-term rating at “A1+”. Meanwhile, the ratings...
GRG Banking to launch cassettes management solution
The cash processing & self-service solution provider has developed a new solution transforming cash management into cassettes management.
DBS forges new saving scheme for parents
DBS launches EduSmart to address concerns and uncertainties that parents face today on deciding how much they need to provide for their children’s...
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Why high capital levels are a double-edged sword for Singapore banks