Singapore
CIMB-TrustCapital Singapore acquires 850 Collins Street in Melbourne
CIMB-TrustCapital Singapore acquires 850 Collins Street in Melbourne
850 Collins Street is an A-grade commercial office building that is currently under construction and is scheduled for completion in October 2012.
OCBC and LionGlobal to launch new unit trust
The LionGlobal New Target Return Fund has an investment time frame of five years.
Busted! Goldman Sachs ex-director Gupta screwed for fraud
And it’s not one, not two, but five counts of securities fraud plus one count of conspiracy - now isn’t that something?
OCBC Bank offers innovative online banking experience
Upgrades in user interfaces and features offering simple and intuitive solutions pave the way to the next generation of banking experience.
8 out of 10 CMO’s to increase social media use in 3-5 years
And nearly 1,700 chief marketing offers believe that the digital media era is evolving the field.
GRGBanking to develop Myanmar’s national financing switching
GRG also signed the agreement with MIT to develop the Myanmar Payment Union.
World's biggest banks brace for asset reductions and job cuts
UBS, Deutsche Bank, Barclays, and Credit Suisse feel the heat of slashing costs.
Standard Chartered employs Juniper networks infrastructure
The bank has also deployed Juniper Networks SRX1400, SRX3400 and SRX3600 Services Gateways for its security capability set.
Bad mortgages reach a whopping $69b since 2007
Blame it on JP Morgan’s recent disclosure of its $1.3b new expenses related to faulty mortgages and foreclosures.
Citigroup to pay $285m penalty for misleading investors
This is the third-biggest fine for such conduct and SEC’s latest action against banks.
Morgan Stanley raises investment banking compensation to $5.74b
Morgan Stanley still increased its compensation by 8% despite the division's poor performance.
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.
Julius Baer to refer its investment banking transactions to Macquarie
In turn, Macquarie will refer its clients who need private banking services to Julius Baer.
JP Morgan's earnings may drop 2%
This despite the bank's four straight quarters of beats, according to a Reuters report.
DBS beefs up debt issuance program to $15bn
The $5bn update seen to boost the program whose preceeds will be used to fund the bank’s general business.
Maybank Singapore to launch all-in-one Mastercard
Maybank’s Platinum Debit MasterCard will allow cardholders to pay for public transport and purchase items at over 15,000 retail points.
Singapore central bank to continue 'judicious management' of its currency
The Lion City expects its economy to probably expand at a slower pace in the next few years, according to a Bloomberg report.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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