Singapore

The move is part of the GE’s plan to sell its noncore assets following the financial crisis.

Financial services firm Omgeo has appointed Randy Guy as new global head of technology.

The current interest rate environment in many parts of Asia has been forcing the transaction banks to explore way to accelerate growth of their fee based income.

The latest ICAEW Global Enterprise Survey suggests businesses in the Asia-Pacific region are recovering from the shocks to the global economy.

Move part of the lender’s plan to expand into China, South-East Asia and India.

Progress on financial reforms was made in Seoul but diverging national approaches are in evidence.

The Japanese trust company taps Asia's millionaires as DBS will take 7.25% stake in Nikko Asset.

The South East Asian countries are on a journey from agriculture and industry to value-added services. To reach their destination, they are looking to increase both inward and outward investment. That, in turn, requires a significant increase in finance professionals.

According to recruiting experts Hays, a career in life insurance sales is now considered more attractive to job seekers, but employer inflexibility is holding businesses back from securing talented and eager candidates. Chris Mead, General Manager of Hays in Singapore, has this update.

The lender plans to expand in underwriting securities denominated in the Chinese currency and boost trading on behalf of clients in equities.

 

Through the Group employee volunteerism programme, thousands of Maybank employees joined together for the first time in a global CSR initiative.

Asia-Pacific a green field for banking technology adoption.

The lender will add 4,000 employees as it taps region’s emerging countries.

The October-December Hays Quarterly Report confirms that our jobs market is very healthy, but very tight, with a growing list of skills now in short supply in the banking and finance sectors.

Banking observers had previously suggested that the full Basel III package of capital and liquidity reforms proposed could reduce returns on equity in the sector by up to a third.