DBS Bank
RMB-denominated OTC derivatives poised to take off in Hong Kong
The renminbi deliverable forwards market has hit at least $28 million during the first month of trading following an agreement in July between the the PBOC and HKMA that enabled Hong Kong to act as an offshore centre for the Chinese currency.
Asian banks in OTC derivatives reconciliation drive
Efforts by Isda and international banks to get Asian counterparties to use portfolio reconciliation services for OTC derivatives are starting to pay off
MAS ups DBS's op risk capital number
DBS censured by Singapore regulator for IT outage, required to hold more op risk capital
Asia Risk 15: Piyush Gupta, DBS
DBS aims to become a regional powerhouse in Asia offering consumer, corporate and wholesale banking services. And getting its risk management architectural framework right is critical. Christopher Jeffery speaks with its chief executive, Piyush Gupta
DBS Bank agrees compensation for Hong Kong Lehman notes
Securities and Futures Commission accuses DBS of inappropriately selling high-risk products to low-risk profile investors
DBS Bank suffers IT outage
Singaporean bank suffers IT collapse of front-line and back-up systems
The cream of the crop
OpRisk & Compliance Achievement Awards
Defining the boundaries
Him Chuan Lim, Basel II programme director at DBS Bank in Singapore, talks to Ellen Davis about operational risk's complex relationship with both credit risk and market risk
DBS establishes first Islamic bank in Singapore
Singapore’s first Islamic bank was set up on May 7 to tap the burgeoning Islamic banking activity in Asia. It will offer services in commercial banking, corporate finance, capital market and private banking.
Time for change
Implementation of the core principles of op risk still has a long way to go in the Asia-Pacific region. Ellen Davis reports
Asia’s op risk quantification challenge
Asia’s regional regulators have mixed opinions when it comes to operational risk, finds Ellen Davis
More banks get China derivatives licences
More banks have won approval to trade derivatives onshore in China, with JP Morgan Chase and UFJ among the latest to be given the go-ahead from the China Banking Regulatory Commission (CBRC).
Top Singapore dealers sign up for SuperDerivatives’ SD-FX
Ten financial institutions in Singapore have signed up to SD-FX, the FX options pricing system of UK-based technology company SuperDerivatives.
Continuous-linked settlement: Extending to Asia
Continuous-linked settlement – the initiative designed to eliminate forex settlement risk – went live at the end of last year. But with only Australia and Japan represented in the first batch of currencies, what will CLS mean for Asia’s banks?
DBS pair scoop Asia Risk risk manager of the year award
Two risk managers at the Development Bank of Singapore (DBS) have picked up Asia Risk’s first risk manager of the year award. Oon Kum Loon, who was head of group risk management at the bank until July, and is now chief financial officer, shared the award…
BNP Paribas begins issuing synthetic CDOs in Asia
French bank BNP Paribas plans to start issuing arbitrage synthetic collateralised debt obligations (CDOs) for the first time in Asia, ex-Japan, according to a Hong Kong-based official.
DBS signs up to Front for credit derivatives
Singapore's largest bank, DBS, is to install Front Arena software to support its credit trading activities, including credit derivatives and credit basket trading. Front Arena was developed by Front Capital Systems, an operating unit of SunGard.
Barclays Capital to gain Thai foothold
Barclays Capital, the investment banking arm of the UK's Barclays Bank, plans to gain a strong foothold in the Thai derivatives market through its purchase of DBS Thai Danu Securities.
DBS selects DerivaTech for FX trading
The Development Bank of Singapore (DBS) has announced a deal with DerivaTech, the Chicago-based provider of FX derivatives pricing solutions, as part of its strategy to update its FX derivatives pricing systems.
Asian banks fear unfair op risk capital charges
Operational risk has long been a challenge for Asia’s banks. But many smaller banks in the region fear that a capital charge against such hazards as fraud, computer systems failure and settlement foul-ups would penalise them unfairly if it took the form…