Singapore

It took effect from June 29.

His territory excludes the Philippines, however.

HSBC priced USS$103m of 2-year notes.

DBS and UOB posted record-high Fees and Commission.

Blue chip stocks are no longer out of reach.

Bank fraud costs financial institutions in Asia a combined total of $1 billion annually – a figure that was quoted as recently as last year. But the costs of fraud go beyond just that of monetary losses. Banks have to also consider the shadow costs – such as the possible damage to their reputations, and loss or decrease of trust between them and their existing customers.

Guess which bank led the pack with total assets of HK$5.6t.

BNP Paribas plans banking university to raise level of financial services skills.

Alan Greenspan, chairman of the US Federal Reserve during 1987-2006, was often heralded as the most celebrated central banker of modern times. The years after 2008 have not necessarily been kind to his professional reputation however. A number of commentators including Paul Krugman and George Cooper (the latter’s work “The origin of financial crises: Central banks, credit bubbles and the efficient market fallacy” is a very worthwhile read for all students of finance) have highlighted the long-term impact of the “Greenspan put” and how the era of cheap money during 2000-2006 was a prime causal factor of the financial crash.

ACCESS lets clients do financial transactions in a single location.

The fund will offer 5% potential distribution per annum.

But 15% said they will do so in 2014.

The youngest CEO is the highest paid.

It has an area of 6,266 square feet.

Standard Chartered announced the appointment of Zhang Su as Equity Research Analyst, Emerging Companies. Su is based in Hong Kong and reports jointly to Jeremy Sutch, Head of Emerging Companies Research, and Erwin Sanft, Head of Hong Kong/China Equity Research. In this role, Su will be responsible for covering Emerging Companies in China and Hong Kong. His appointment follows that of Sumit Choudhary, Head of Emerging Companies Research in India, as the Bank rounds up our regional Emerging Companies team. Su joins Standard Chartered from Exane BNP Paribas in London, where he most recently worked as an equity strategist focusing on China. He was previously located in Shanghai, where he held roles at Standard Chartered and Pricewaterhouse Coopers. Commenting on Su’s appointment, Jeremy Sutch said, “We are very pleased to welcome Zhang Su back to the Bank, bringing with him best practices from other institutions. I look forward to his contribution as we continue to expand and deepen our equity research capability to meet increasing demands from our clients.”

Including Singapore, Malaysia, and South Korea.