An important resource for the dynamic banking and financial industry, providing a definitive list of banks, financial institutions in Singapore.

In The News

Temasek unit to open private equity door for retail investors

TEMASEK subsidiary Azalea Investment Management is working to open up access to private equity (PE) investments for retail investors. Access is likely to be made possible through an asset backed security - that is, a bond instrument collateralised by a diversified portfolio of PE funds. Azalea pioneered a similar structure here in 2016 when it launched Astrea III, a series of fixed rate notes whose assets - comprising 34 PE funds - have a current...


Lombard Odier and Bank Mandiri to offer onshore private bank services

SWISS private bank Lombard Odier has teamed up with Indonesia's largest bank Bank Mandiri to offer onshore wealth management products. Last week, Lombard Odier said it has inked a strategic agreement with state-controlled Bank Mandiri, further expanding its Asia footprint to offer risk-based investment solutions and wealth management expertise. Bank Mandiri is Indonesia's largest bank by assets. Lombard Odier will support Bank Mandiri's efforts...


'Insurtech' will transform insurance, but pace of adoption is slow

INSURANCE is a sector that experts widely believe is "ripe for disruption'' for a few reasons. It is heavily reliant on data. Its cost base is high which suggests inefficiencies. Distribution costs plus operating costs take up a significant chunk of annual premiums. It remains heavily reliant on face-to-face sales, even though a number of insurers are in the process of digitising parts of the process. In product design, it remains very much in a...


More news...

Featured Advertisements

Featured Companies