Singapore

China accounts for 20% of the Singapore state investor’s portfolio despite sale of shares in two Chinese banks.

Current India and South Asia chief may relocate in next three months to Singapore, replacing Ray Ferguson.

And this is driven by business loans which expanded 27.5% in May.

This account caters to the local population of around 450,000 Muslims.

But analysts breathe a sigh of relief that new capital levels not too tight.

But analysts breathe a sigh of relief that new capital levels not too tight.

Robust capital and financial standing of DBS, OCBC and UOB make them easy to comply with the new MAS ruling.

GRG’s AutoDepot P2801L is an intelligent cash deposit machine that can automate transactions  by counting, identifying, sorting and saving independently.

The former Citigroup's Private Bank head of investment finance in Asia Pacific will be responsible for deepening relations with the bank's important financial and government institutional clients.

Bank of Singapore aims to tap the growing number of affluent Chinese and Indians by establishing local offices in their respective countries.

An additional 1% surcharge would also be imposed if a bank becomes significantly bigger, according to Reuters.

Ringfencing is on the agenda but regulators may be dreaming if they think it will stop contagion, warns Fitch Ratings.

Analysts see no disruption in the company’s operations, knowing that it had always executed smooth transition of its leaders.

The global financial crisis was a stark reminder for many companies that effective working capital management and strong counterparty risk management are important.

The lender opens its doors to allow customers to settle their trades in 14 exchanges in 10 countries.

As with its predecessor, the new 5-year Development Plan attaches importance to continuing financial sector reform in four main areas: (i) strengthening financial institutions, (ii) development of financial markets, (iii) improvements to monetary policy instruments, and (iv) enhancement of the supervisory framework.