Frances Gagua

Financial companies must clearly designated internal control responsibilities of each exec.

MUFG will hold 70.6% of shares whilst PT Adira Dinamika Multi Finance Tbk will hold 10%.

Cash flow and liquidity are weak, but credit profile will remain resilient over the next 12-18 months.

BofA Securities currently leads investment banks in terms of fees generated.

 It should be about offering options and putting control back in the hands of consumers so that they can decide what is best for them, says GXS' Jenn Ong.

Individuals from Malaysia, Indonesia, mainland China, and Hong Kong can avail of the service.

P. Murlidhar Maiya was CEO of the bank’s South and Southeast Asia businesses.

Majority of its on-demand liquidity transactions flow from Singapore, the company said.

Citadelle did not breach the Trust Companies Act, according to MAS.

DBS and OCBC are fined S$2.6m and S$600,000, respectively.

Brough is also an independent non-exec director of Guoco Group and Toshiba.

Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.

BOT will propose licensing regulations by July.

She spent the last 19 years working at HSBC.

Its three megabanks have a total credit exposure of $64b to China.

However, higher funding and credit costs will weigh down on profitability.