Singapore

Continued churn makes it a low-hire job market, not a no-hire one

Continued churn makes it a low-hire job market, not a no-hire one

The last 12 months have taught us that Asia Pacific is not immune to the redundancies that have swept through global financial services. There are also fewer roles available than a year ago: comparing Q2 2012 with Q2 2011, APAC opportunities on my company’s website have fallen 14%.

Singapore banks brace for weaker non-interest income

Trading-related income fell 39% qoq to S$764m in 2QFY12, says CIMB.

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Check out how DBS, OCBC, and UOB fared in 2Q12

Analysts' optimism for the sector is dampened as signs of slowing revenue growth in 2Q raise concerns.

Here’s how banks can stand out in a ‘commoditised’ trade finance setting

Find out what DBS’ Ken Stratton and Oliver Wymann’s Jason Ekberg have to say.

Is South Korea's banking industry headed for a breakdown?

Find out what Fitch Ratings has to say following various reports of South Korean banks' falling profits, cautious lending, and other anomalies.

Singapore banks surprise with tolerable Q2 results

Non-performing loan ratios were at or near all-time lows of 1% in the face of an extremely volatile market environment.

Here's why investment bankers have raised hackles of retail banks

A London-based banking analyst will give a glimpse on what's going on in universal banks.

Asian banks ramp up investment in key trade corridors

As intra-Asia trade increases, banks are ultimately urged to take different strategies to deliver end-to-end trade services to its clients.

Here's how the suggested 50% dividend cut will impact banks' capital generation

Find out how it could lift Tier 1 capital generation to current forecast levels.

DBS not giving up on acquiring Danamon

Singapore’s biggest bank by assets will push through with its planned US$7.3 billion acquisition of PT Bank Danamon Indonesia.

UOB posts solid second quarter results

United Overseas Bank Ltd reported a 12.1% increase in second quarter net profit to US$574 million.

Private sector credit in APAC to reach 148% of GDP by end-2012

The rapidly rising leverage will constrain the banks' upward rating momentum, says Fitch.

Asian banks urged to cut dividends by 50%: Barclays

Dividend cuts will be needed to fund regualtory capital increases.

OCBC faces squeeze from contracting interest margins

Strong loan growth helps boost the profit of the world’s strongest bank by 12% in the second quarter but its net interest margins continue to shrink.

Trade products’ capital weighting hit by Basel III regulations

Some guidelines now apply a 100% weighting of trade products which previously had only a 20% weighting.

Singapore's system loans inched up 1% in June

But Barclays reveals that system deposits were largely flat in June.