Two-year revamp yields banner year for GE
AFTER 13 months without a chief executive and two years of restructuring under a new CEO, Singapore's grande dame of insurance is getting its mojo back...
HOCK LOCK SIEW
Singapore is top of Asian FX heap, but for how long?
LAST month, there was a story about traditional rivals Singapore and Hong Kong getting together to build a blockchain-powered trade network - the first in the world and one that could cement the two trade hubs' position as global players...
Plans for more transparent Sibor seen benefiting borrowers
PROPOSALS to reform Sibor, the Singapore interbank offered rate used by banks to price consumer loans, should benefit borrowers as efforts get underway to make the benchmark setting process more transparent.
Singapore home loan rates start upward climb
ALL three local banks have raised their home loan rates as interest rates continue to spike - and mortgage advisers warn of more hikes to come.
Singapore interest rates spike on liquidity crunch, likely to go higher
SINGAPORE'S short-term key interest rates spiked on Wednesday due to a liquidity crunch on seasonal factors and ahead of an expected hike in US interest rates next month...
Singapore interest rates spike on liquidity crunch, are likely to go higher
SINGAPORE's short-term key interest rates spiked on Wednesday due to a liquidity crunch on seasonal factors and ahead of an expected hike in US interest rates next month...
State Street's FX business thrives despite competition from global banks
STATE Street Global Markets has a thriving foreign exchange business in Asia, competing head-on with the major banks.
SGX aims to ride Asian wave with new emerging-markets indices
HAVING dominated the Asian market for single country and currency derivatives, the Singapore Exchange (SGX) hopes to continue ruling the waves with its latest multi-country and multi-currency indices.
OCBC Investment Research to come under Bank of Singapore
OCBC Investment Research will combine with the Bank of Singapore (BOS) research team for greater synergies as banks ramp up their wealth management products to earn more fees.
DBS jumps to 8th spot in Asia ex-Japan bond stakes
DBS Bank has leapfrogged over some of Wall Street's bulge bracket firms to take a larger share in the Asia bond stakes amid a gangbuster year for the region's bond market...
S'pore bond market sees novel transaction that reduces risk
THE Singapore bond market saw its first intermediated exchange of bonds this month, a novel transaction which reduces market risk exposure for issuers looking to refinance their debt before further interest rate hikes.
SINGAPORE FINTECH FESTIVAL
Funding for Asean fintechs surging, with Singapore getting lion's share of outfits
FUNDING for fintechs in Asean is surging, fuelled by the potential of the region's young and underbanked population...
Singapore gets lion share as fintech funding surges in Asean
FUNDING for the financial technology sector in Asean is surging, fuelled by the potential of its young and underbanked population.
Manulife's S$500m green bond is third to hit Singapore market
SLOWLY but surely, Singapore is seeing more green bonds. But don't expect the slow pace to pick up anytime soon...
HOCK LOCK SIEW
Banks should thank economy for their quarterly showing
THE three local banks predictably posted reasonable results for their core businesses in the third quarter of the year. After all, rising economic activity has fanned consumer sentiment, leading to a greater appetite for loans and financial products like insurance.
Debt collection is thriving - thanks to professionals
DEBT collection in Singapore is thriving as a business - and it's not just due to a lousy economy. Companies are increasingly outsourcing debt collection to professionals, who are more efficient at it...
DBS makes it into the Asian bond market big time
DBS Bank has finally made it into the big table in Asia's surging bond market, in a field dominated by the bulge bracket Western banks. It is one of two Asian banks in the top 10 Asia ex-Japan G3 (US dollar, euro and yen) league table, the other being Bank of China which is the world's...
Hong Leong Finance's Q3 net leaps 84% on lower interest expense
HONG Leong Finance said on Friday that net profit for Q3 jumped 84 per cent to S$23.6 million mainly due to lower interest expense.
Hong Leong Finance Q3 net earnings jump 84% on lower interest expense
HONG Leong Finance said on Friday that net profit for Q3 jumped 84 per cent to S$23.6 million, mainly due to lower interest expense.
DBS surges as much as 4% after clean-up
DBS Group Holdings on Tuesday surged as much as 4 per cent following the clean-up of its oil and gas support services exposure as investors looked to higher earnings ahead.
DBS jumps 3.5% after O&G cleanup
DBS Group Holdings on Tuesday jumped over 3.5 per cent following the cleanup of its oil & gas support services exposure.
DBS misses profit target as O&G inflicts fresh deep wounds
STRONG business momentum helped push DBS Group Holdings' Q3 income to a quarterly high of over S$3 billion, but it did not quite take the sting from the bank's near doubling of bad loan charges for its oil and gas support services exposures...
UOB shareholders keep faith in Wee Cho Yaw
SHAREHOLDERS of United Overseas Bank (UOB) continue to keep their faith in Wee Cho Yaw, despite Thursday's announcement about his retirement from the board after six decades of steering the bank...
UOB shareholders' faith in Wee Cho Yaw strong
SHAREHOLDERS of United Overseas Bank (UOB) continue to keep their faith in Wee Cho Yaw despite Thursday's announcement that he will be retiring from the board after six decades of steering the bank...
Wee Cho Yaw to retire from UOB board; new chairman named
WEE Cho Yaw, Singapore's most well-known name in banking, will retire from the board of United Overseas Bank, which he had steered for six decades...