Singapore

Kim Eng says DBS may profit the most with $719m in 2Q11.

The region's best banks were recognised at this year's awards held in Singapore. More than 150 bankers from around Asia were on hand to cheer on the winners at Asia's most prestigious retail banking awards.

The lender seeks to add its private bankers to 200 by 2016 from more than 40 at present to tap Singapore’s growing ultra-rich population.

The lender to set up four branches immediately after India’s central bank gives nod to expansion plan.

China accounts for 20% of the Singapore state investor’s portfolio despite sale of shares in two Chinese banks.

Current India and South Asia chief may relocate in next three months to Singapore, replacing Ray Ferguson.

And this is driven by business loans which expanded 27.5% in May.

This account caters to the local population of around 450,000 Muslims.

But analysts breathe a sigh of relief that new capital levels not too tight.

But analysts breathe a sigh of relief that new capital levels not too tight.

Robust capital and financial standing of DBS, OCBC and UOB make them easy to comply with the new MAS ruling.

GRG’s AutoDepot P2801L is an intelligent cash deposit machine that can automate transactions  by counting, identifying, sorting and saving independently.

The former Citigroup's Private Bank head of investment finance in Asia Pacific will be responsible for deepening relations with the bank's important financial and government institutional clients.

Bank of Singapore aims to tap the growing number of affluent Chinese and Indians by establishing local offices in their respective countries.

An additional 1% surcharge would also be imposed if a bank becomes significantly bigger, according to Reuters.

Ringfencing is on the agenda but regulators may be dreaming if they think it will stop contagion, warns Fitch Ratings.