Singapore

Maximizing the cloud in financial institutions

Maximizing the cloud in financial institutions

Virtually every industry today is considering migrating to the cloud. More so, considering the potential benefits and its impact on the way technology is delivered to the end user.

Fasten your seatbelts: Why Asia’s SMEs should plan for Euro turbulence

Asia’s small and medium sized enterprises (SMEs) are thriving, benefiting from strong economic growth throughout the region. But in an increasingly interconnected world, they are not immune to problems elsewhere, such as the Euro crisis.

Will DBS get a go-ahead for its bid for Bank Danamon?

If so, what can both banks expect from the takeover?

DBS, UOB, OCBC have high-quality capital base: Fitch

Thanks to the banks’ high capital standards, close regulatory supervision and strong funding franchises.

Banks urged to improve payment processing systems as NFC arises

“The key opportunity for banks is to use the point of sale collection technology to provide richer information to their clients,” HSBC’s John Laurens said.

OCBC seeks more overseas revenues

The new CEO of the Oversea-Chinese Banking Corporation has grand plans for the Singaporean bank.

Temasek ups investment in Chinese banking industry

Singapore’s sovereign wealth fund casts a huge vote of confidence in China’s economy.

Watch out for standardisation of transactional messaging: HSBC

John Laurens says standardisation of communication channels like SWIFT will also have a great impact to banking technology in the next few years.

"SMEs are the lifeblood of the economy": Standard Chartered's Tim Hinton

Hinton, Standard Chartered's new global head for SME banking, aims to put greater focus on developing and rewarding staff while giving customers superior service.

Will Singapore banks suffer from lower earnings in 2012?

According to reports, Singapore banks may have to bear the brunt of flat interest margins and low loan growth, but will they really be hit that hard?

Asia prime services – A battle worth fighting?

Key dynamics at play within the Asian prime services landscape.

Cloud vs virtualisation: What do bankers prefer?

HSBC says cloud is a more powerful concept but CIMB warns it still needs to prove its readiness to handle mainstream financial services applications.

HSBC Singapore cuts over 100 jobs

HSBC cut over 100 jobs in Singapore representing just over 3 percent of its 3,000-strong workforce in the city-state.

DBS bids to take over Bank Danamon

If successful, it will be the biggest bank takeover in Southeast Asia.

How to close the budget gap before it’s too late

A key role of the finance team in any commercial organisation is to co-ordinate the annual budgeting or fiscal planning process and then to provide regular updates on progress towards the attainment of that plan.

Islamic banks in Asia, and their differences with their GCC counterparts

The Islamic banking sector is one of the fastest growing segments in global banking, growing at an estimated 15-20% p.a.

To RFP or not to RFP

IBS has recently come out with its Sales League Tables for the year ended December 2011. The analysis has shown that IT vendors concentrating on the APAC market have moved up significantly.