UOB boosts pay by 14% as profits soar in the first quarter

https://news.efinancialcareers.com/sg-en/314225/dbs-jobs-q1-2018/ UOB may be the smallest of Singapore’s three local banks, but it’s just posted record quarterly profits of $978m for Q1 – a 21% rise from a year earlier. If you’re thinking of ... ( read original story ...)

Double-digit profit rise for UOB as loans, margins expand

For the first quarter ended March, UOB reported a 21% rise in net profit to 978 million Singapore dollars ($731.9 million). Wee described it as the strongest quarter ever. Total income rose 9% to S$2.23 billion due to growth in both net interest income and ... ( read original story ...)

Singapore Announces New FinTech Fast Track initiative

Singapore is one of the top-ranked FinTech hubs globally, with a world-class infrastructure and connectivity. Ultra-high-speed fiber infrastructure runs across the nation, while mobile subscription penetration exceeds 100 percent – factors that are all ... ( read original story ...)

DBS Basks in Rates Glow

historically Singapore banks perform well when the monetary authority starts to tamp down the pace of economic activity. The three homegrown lenders – DBS, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. – are among the biggest gainers ... ( read original story ...)

Singapore launches the “Fintech Fast Track” for new patents

This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The Intellectual Property Office of Singapore (IPOS) has announced the launch of a new initiative, dubbed the Fintech ... ( read original story ...)