Singapore
Deutsche Bank Wealth Management names two additions to APAC lending team
Deutsche Bank Wealth Management names two additions to APAC lending team
The appointees are based in Hong Kong and Singapore, respectively.
Only 1 in 5 of APAC banks has an AML compliance strategy: study
Only 8% have an integrated system or specific executive to report these functions.
Singapore banks' NIMs to degrade after US Fed surprise rate cut
DBS and UOB guided declines of 5-7bps.
Financial inclusion needs to be more than just about technology
Products need to be sustainable and scalable to meet the needs of the unbanked.
Big three banks' wealth income expanded 18% in FY2019
Wealth made up 31% of OCBC and UOB’s total income.
Weekly Global News Wrap: Goldman Sachs asks clients to skip New York meet; StanChart 2019 profits up 46%
And Italy’s Intesa Sanpaolo hires global banks as advisers in suprise takeover bid.
COVID-19 to hit banks in ASEAN's tourism-reliant countries
Local lenders in Singapore and Thailand are at most risk.
World Bank launches $12b COVID-19 package for developing countries
It aims to strengthen countries’ health services and support the private sector.
OCBC enables instant car loan approvals
It only takes 60 seconds to approve a loan.
Maybank, ING top creditors of embattled trader Agritrade
The Singapore-based commodity trader owes $303.11m to the two banks.
BEYOND partners with OneConnect to create digital banking services in Singapore
OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.
DBS closes first trade finance deal on TFP worth $4.8m
SMEs can access trade finance solutions from different banks in a single platform.
Singapore banks face slower loan growth in H1 2020
The big three banks’ are expecting lower loan growth for FY20F on the back of the outbreak.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
DBS launches portfolio advisory tool for managing investments
It generates an assessment of a client’s portfolio in less than five minutes.
CIMB Singapore announces new measures for coronavirus-hit firms
Tourism-related firms are eligible for a $1m loan with a 5% interest rate.
Weekly Global News Wrap: CEO changes bring in new age of European banking; Wells Fargo pays $3b settlement for fraudulent sales
And JPMorgan confident that it could withstand economic stresses.
Thought Leadership Centre
In Association with
Most Read
1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. HSBC group chairman Mark Tucker announces retirement 4. UOB reports flat net profit growth in Q1 despite record fee income 5. J.P. Morgan unveils automated cross-currency payment collection and settling serviceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
AI can help financial institutions’ marketing teams get the job done.
Commentary
The Asian connection: China's path to sustainable growth