Singapore

Asian banks will have to brace for financial concerns, operational burden, and data privacy dilemmas brought about by FATCA - but these are not the only challenges.

Increased pricing pressure, cost complexities, and western regulatory initiatives may have custodians worried.

The Oversea-Chinese Banking Corporation Ltd, Singapore’s largest local bank by market capitalisation, has reported encouraging operating results for 2011.

With the dark clouds of a recession looming on the horizon, conservation measures will be the default procedure by Asian companies for the next 12 months.

As Asia emerges as the world’s largest wealth region, the one question foremost on the minds of all private bankers should be this: what does a typical Asian client look like?

Not too many people enjoy seeing volatile investment markets. It seems to set a mood of doom and gloom. As red numbers continue to be displayed on investment market information screens or headlined in the media, some people just get downright depressed. But it is not necessarily all doom and gloom.

As the US pushes for stricter regulations to avoid tax evasion, Asian banks are forced to follow implementation and remediation requirements by 2015 - find out what analysts from Deloitte, PwC, KPMG, and Ernst & Young have to say.

Standard Chartered’s Giles Elliot says it will surely have a big impact in the market, though not all players can afford the capital charges for extensive memberships in different markets.

Singapore and Hong Kong will be the hardest hit should euro area banks retreat.

DBS Bank opened a POSB bank branch as an experiment of sorts in bringing down the cost of banking and shorten service times.

Banks in Singapore are lobbying against the US' Foreign Account Tax Compliance Act or Fatca.

Name your best banking and finance institutions in the inaugural Asian Banking and Finance Wholesale Banking Awards 2012.

One banker’s feast is another’s poison pill it seems.

Citigroup Inc's Asia-Pacific chief executive announced a new management structure with the region's markets head, Rodrigo Zorrilla, promoted to COO.

HSBC and Standard Chartered concur that banks in Asia will have to brace for a depth of regulatory change and evolution of tax regimes this year.

Flat interest margins and low loan growth are expected to take their toll on Singapore’s leading banks.