Singapore

Why changing the mindset is as vital for banks as knowing the customer

It’s fair to say that, at the moment, consumer protection high on the agenda of many national regulators and central banks. The global financial crisis has severely dented consumer trust, with the most recent scandal – the LIBOR rate manipulation – dealing a further blow to consumer confidence.

Here's why Asian banks' NIMs will slump

Find out what the two key factors are.

Visa's Ooi Huey Tyng aggressively eyeing a cashless society

Find out what the new country manager for Singapore and Brunei will do differently in her position.

Deutsche Bank launches dbIntegrate

It is an outsourced solution providing end-to-end execution, settlement and custody services.

Banque Internationale à Luxembourg signs MOU with Deutsche Bank

BIL will utilize Deutsche Bank’s Autobahn App Market.

Asian banks urged to build AML compliance programs

Asian banking operations face increasing exposure from regulators around the world to AML regulations – though the pressure locally is diverse in approaches and lacks enforcement. This is particularly challenging because regulators from different Asian countries have different approaches - principle-based versus rules-based - and maturity in their regulatory oversight.

OCBC to suffer from rising earnings headwinds

Higher-yielding unsecured personal lending will not be enough to offset higher funding costs.

UOB set to grow in Malaysia, Thailand, Indonesia

But the bank may suffer from currency translation losses.

Singapore banks' deposit market share under threat from foreign banks

They have already increased fixed deposit rates at ~1%.