Singapore

The new members will be responsible for expanding Bank of Singapore’s business in South East Asia, with a focus on the Indonesian market.

The lender warns of riskier times ahead for Asia amidst global economic uncertainties and volatility.

Hong Leong Finance has reported a decrease of 17.8 % in its second-quarter net profit to S$26.3 million, down from S$32 million from the same quarter last year.

Citigroup Inc. and DBS Group Holdings announced that they haven’t cut credit lines to French lenders.

The lender’s units in Singapore were its second largest contributor after Hong Kong in the first half.

He will be reporting to Alex Hungate, General Group Manager and CEO in Singapore.

Credit Risk Asia aims to explore how redit risk management, measurement and modeling will change under Basel III.

Oversea-Chinese Banking Corporation Limited 's second quarter grew by 15 % year on year to 577 million Singapore dollars or US$476.9 million.

Chinese officials urged Singapore to consider issuing Qualifying Full Bank licenses to the Singapore branches of two Chinese banks, the Bank of China and the Industrial and Commercial Bank of China.

Across Asia in recent years, consumer demand for credit cards, unsecured loans and mortgages has increased substantially. With positive demographic changes and favourable economic conditions, it is expected this growth will continue at pace.

Global regulators have proposed new liquidity and capital rules, known as Basel III, with the goal of reducing the likelihood of another financial crisis. These regulations will affect European and North American banks far more than their Asian counterparts, for three main reasons.

The impact of the last financial crisis continues to have a profound effect on the revenue streams, cost structures and profitability of the asset management industry.

Singapore lender DBS Group Holdings Ltd. says it returned to profit in the second quarter despite slumping fee and trading income.

Kim Eng says DBS may profit the most with $719m in 2Q11.

The region's best banks were recognised at this year's awards held in Singapore. More than 150 bankers from around Asia were on hand to cheer on the winners at Asia's most prestigious retail banking awards.

The lender seeks to add its private bankers to 200 by 2016 from more than 40 at present to tap Singapore’s growing ultra-rich population.