HSBC on Monday said it has appointed banking veteran Philip Lee as vice-chairman, South-east Asia, for its global banking franchise.
THE recent carry trade activities linked to the Hong Kong dollar - an arbitrage via the selling of a lower-yielding currency for a higher-yielding one - has led in part to Singapore being trailed ever so closely by Hong Kong in the global foreign exchange (forex or...
HSBC on Monday announced the appointment of banking veteran Philip Lee as vice-chairman, South-east Asia, for its global banking franchise.
INSURERS in the Integrated Shield scheme (IP) significantly improved their underwriting results in 2018, despite maintaining still-predominantly loss-making health portfolios.
THE declining economic outlook and increasing political pressure are pushing central banks into more aggressive unconventional monetary policies.
AMERICAN asset management firm Franklin Templeton has appointed Dora Seow its country head for Singapore, effective Oct 1.
SINGAPORE banks' overseas exposure will be a key source of their non-performing loan (NPL) growth from the "inflexion point" of Q2 this year, based on an analyst's study on NPL factors using machine-learning algorithms.
THE world's largest wealth manager UBS is actively reviewing certain sectors or geographies in which the bank has exposure in this region. However, its focus now is not on cutting, but on slowing the pace of hiring, said its top executive in the Asia-Pacific.
UNITED Overseas Bank (UOB) will bring 50 next-generation Asian business leaders to China in November, for them to explore opportunities and connect with business leaders there.
DBS Bank on Wednesday launched its first multi-tier financing facility on a logistics blockchain platform to help small and medium-sized enterprises (SMEs) in China get faster access to trade financing.