Singapore
DBS launches second run of pre-accelerator programme for startups
DBS launches second run of pre-accelerator programme for startups
Applications are accepted until 1 April 2016.
UOB to invest US$10 million in global equity crowdfunding platform OurCrowd1
This collaboration is OurCrowd’s first foray into Asia.
Will bad mortgages put Singaporean banks at risks?
The home supply glut shouldn't be underestimated.
Undesirable lending practices uncovered at some local banks: Monetary Authority of Singapore
Credit underwriting standards need to be improve.
These charts summarise Singapore banks' worrisome O&G exposures
The banks will likely suffer from deteriorating asset quality.
Bank loyalty programmes pile on pleasure and personalisation
Banks must develop programmes with full-on pampering.
Should DBS worry about its SGD22bn oil and gas exposure?
DBS expects minimal specific provisions for this portfolio in 2016.
ANZ appoints David Green as CEO Singapore
He will report to Group Executive International, Farhan Faruqui.
This is a make-or-break year for OCBC’s management: analysts
It’s poised to see more asset quality deterioration.
DBS’ net profit jumps by 20% to $1b in 2015
On back of higher non-interest income.
SmartStream slashes cost of trade breaks due to bad data by around 90%
Three of the world’s biggest banks – Goldman Sachs, JPMorgan Chase and Morgan Stanley – are now founding members of SmartStream’s Reference Data Utility.
20% of UOB’s exposure to the oil & gas sector vulnerable to potential impairment
That is if oil prices remain depressed.
Regulatory hurdles Asian banks must watch out for in 2016
Banks will continue to feel the noose tighten in the form of additional crisis response regulation.
OCBC’s net profit inches up 2% to $3.91b in FY15
Thanks to associates’ increased contributions.
Standard Chartered names James Dolphin CIO for retail banking
The appointment will be effective in March 2016.
UOB’s FY15 net profits dip 1.2% to $3.21b
Due to a higher tax provisions write-back in FY14.
HSBC to invest further in the Pearl River Delta
But it will remain headquartered in the UK.