Singapore

Upgrades Individual Rating from C to B/C due to improved balance sheet position and earnings.

IB Asia suffered $77.1mln loss in 2009 and even planned earlier to cease lending operations entirely.

Forum to provide update on technical advances of the EMV standard and future developments.

Lender wants bigger share of private banking market as 23% quarterly profit rise disappoints.

Several Asian countries, including Singapore, Malaysia, Korea, India and Japan, are currently going through the final stages of adopting International Financial Reporting Standards (IFRS). These are important steps towards achieving the vision of establishing a global set of high-quality accounting standards, as requested by the Group of 20 leaders.

Lenders eager to expand through asset acquisition in Asia but has difficulty finding one.

Consumers want more from their ATMs aside from cash.

Sean Wallace has record performance in accelerating the growth of lender’s Corporate Finance business.

Tan joins DBS as Managing Director and Head of Private Banking, succeeding DBS Hong Kong CEO Amy Yip.

Singaporeans at least 45 years old are now further protected against fraud or theft while also enjoying healthcare privileges with the launch of the Active Card.

Firm’s comprehensive software portfolio and services capabilities have helped more lenders reduce costs and grow revenue.

The banking industry has been talking for years about what comes after Basel II, even as banks remain focused on ongoing Basel II implementation. Prior to the global financial crisis, the Basel Committee (“the Committee”) and national regulators were already looking at what would come next, particularly in the area of liquidity risk. The crisis clearly highlighted a number of vulnerabilities in capital and liquidity risk management in many banks, and on a systemic basis, which regulators around the world are now busy addressing. 

Move is part of lender's goal of raising $2bln to fund its international operations.

Lender ties-up with Western Union to provide money transfer service in 400,000 migrant workers.

In addition to its existing Teradata Active Enterprise Data Warehouse, Discover Financial Services now uses Teradata appliances to support operational and non-traditional data warehousing applications.

The financial crisis has generated demands for greater transparency in international taxation, pushing tax avoidance up the political agenda.