Singapore

Will Temasek take another bite at the Chinese Banks?

Once bitten perhaps not so twice shy. Temasek and a Goldman Sachs fund are reportedly looking at buying Bank of America’s $8.5 billion stake in Construction Bank of China.

Will Temasek take another bite at the Chinese Banks?

Once bitten perhaps not so twice shy. Temasek and a Goldman Sachs fund are reportedly looking at buying Bank of America’s $8.5 billion stake in Construction Bank of China.

Juroku Bank consolidates customer databases

Juroku Bank became the first Japanese bank to consolidate the databases of its marketing and management customers with that of its call centre. The new customer management system was implemented using technology from the Teradata Corporation— the world’s largest company solely focused on data warehousing and enterprise analytics.

Shariah compliance observed for new dollar product

The Islamic Bank of Asia launched its first Shariah-compliant liquidity product, which acts like a fixed deposit but is, of course, Sharia-compliant.

Andrew Morriss

“Nobody knows what’s going to happen,” said F1 guru, Bernie Ecclestone, when asked what the impact of the financial crisis will be on major sports sponsorship.

Andrew Morriss

“Nobody knows what’s going to happen,” said F1 guru, Bernie Ecclestone, when asked what the impact of the financial crisis will be on major sports sponsorship.

Investing with your all-weather financial partner

You might see your wealth protection and growth plans get displaced in the current economic climate, but having the right banking partner makes all the difference.

A guiding partner for SME development

Everyone acknowledges the SMEs important role in economic growth, social cohesion, employment and local development, accounting for over 95 percent of enterprises and 60 to 70percent of employment. However, few can suitably assist SMEs in many of traditional problems it faces such as lack of financing. Leading the way is the United Overseas Bank (UOB) which has been supporting SMEs before everyone else took notice. And since the 1930s, they have skillfully guided many of their partner SMEs during their early start-up to help them grow into major corporations with an international presence.

Effecting a ‘prison’ escape from binding loan terms

Quirky. . . clever. . . captivating. These three words best describes GE Money Singapore’s advertising campaign for JAMES that features a humorous juxtaposition of life’s joy and pain situations.

RBS Coutts to give manly assistance to women

RBS Coutts launched a private banking initiative tailored specifically for high net worth women in Asia. It will assist women in managing their wealth, as well as a platform to bring like-minded women together to engage in their pursuits.

Standard Chartered extends business in 4 branches

Four Standard Chartered branches will open for business later and longer. This is part of the bank's overall approach to be available to customers when and where they want to bank through a variety of channels like branch banking, mobile and internet banking.

BNP Paribas wants Europe-class services for Asia

BNP Paribas Singapore branch was granted a wholesale banking license to widen the services offered locally. With this new license, BNP Paribas Securities Services is now able to offer local and global custody services in addition to the trustee, fund and investment administration services it already provides to its clients in Asia.

Standard Chartered grows Asian aircraft portfolio

Standard Chartered Bank will acquire 14 narrow body aircraft from GE Commercial Aviation Services through its Pembroke Group.

Timothy O'Keeffe

ABN AMRO’s Timothy O’ Keeffe explains the challenges faced by corporate treasuries and recommends ways on how to achieve a more centralized and automated flow of information and investments.

Meyado bucks tough economy to expand

Meyado Private Wealth Management has recently announced an expansion of operations as well as a relocation of offices.

SG banks get negative Moody’s ratings due to NPLs

Moody's revised the outlooks of the banks' financial strength ratings or BFSRs of three Singapore banks from stable to negative.

Bank Julius Baer taps 2 senior managers

Thio (Henry) Tjia Hin and Cindy Tang were appointed as senior relationship managers in Singapore by the Bank Julius Baer. In this capacity, they will further develop the bank's client base in the South East Asian market.

Asia mourns loss of DBS CEO Richard Stanley

Richard Stanley, DBS Chief Executive Officer, passed away on 11 April 2009 after being diagnosed with acute myelogenous leukemia in late January.