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Country: Singapore

Stanchart with MasterCard launch card with touch-sensitive buttons

(9 November 2012 – Singapore) MasterCard Worldwide, in collaboration with Standard Chartered Bank Singapore (Stanchart) has unveiled the country’s first...

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Singapore telcos set up for NFC mobile wallets

(28 August 2012 – Singapore) Singapore wireless operators SingTel and M1 have both launched mobile contactless payments services, enabling customers...

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Contracting interest margins worry OCBC

(7 August 2012 – Singapore) Singapore-based Overseas Chinese Banking Corporation (OCBC) faces a squeeze from contracting interest margins, although strong...

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Barclays expects 2Q profit slump for Singapore arms

(25 July 2012 – Singapore) Barclays has forecast a drop in Singapore banks’ profit by 18 percent for the second...

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Singapore grants QFB status to two of China’s banks

(9 July 2012 – Singapore) Singapore will grant Qualifying Full Bank (QFB) privileges to two Chinese banks, allowing one of...

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100 jobs slashed in at HSBC Singapore

(10 April 2012 – Singapore) HSBC has cut over 100 jobs in Singapore out of its 3000-strong workforce in the...

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Morgan Stanley expands wealth management in Singapore

(13 March 2012 – Singapore) Morgan Stanley’s wholesale banking license has allowed it to expand its lucrative wealth management business...

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Singapore bank shows encouraging results

(23 February 2012 – Asia) Singapore’s largest local bank by market capitalisation – the Overseas Chinese Banking Corporation Ltd (OCBC)...

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Singapore banks to introduce new card technology

(24 January 2012 – Singapore) Singapore’s banks will introduce EMV chip technology to all ATM cards over the next two...

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Rating agencies to be regulated in Singapore

(23 March 2010 – Asia) Singapore’s central bank said Wednesday that it is proposing to regulate credit ratings agencies to...

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