Singapore
bank indonesia applies brakes to dbs plan
Bank Indonesia, Indonesias central bank, will not approve a proposed acquisition by Singapores DBS Group Holdings of Bank Danamon Indonesia until it has established new foreign ownership rules for banks in the country and a reciprocity arrangement with Singapore, according to reports.
singapores life insurance assn comments on fair
The Life Insurance Association of Singapore today used the city-states main newspaper, the Straits Times, to explain its support for a pending review of Singapores financial advisory industry unveiled last month at its 50th anniversary dinner.
pru singapore had record breaking 2011
Prudential Singapore, a subsidiary of UK-based insurer Prudential, achieved new business premiums of $473m last year, representing a 29% increase on 2010.
People Moves | 14 Mar 12
dbs private bank expands asia hnwi operation
The private banking arm of Singapore-based DBS Bank is creating a new international private banking team to tap what it said is a rising demand from international high net worth individuals keen to invest in Asias growth.
Retirement | 2 Mar 12
rosiip was not a qrops uk court rules
The parent of the Panthera QROPS range on Friday lost its appeal against a High Court ruling last May, which found that HM Revenue & Customs was within its rights in stripping its Recognised Overseas Self Invested International Pensions Retirement Trust (Singapore) of its QROPS status in 2008.