Bank of Singapore has appointed Kelvin Teo as head of bespoke investments for Greater China and North Asia. As part of the bank’s ultra-high net worth (UNHW) bespoke investments team, Teo will help ... ( read original story ...)
Fitbit’s Singapore Contract Looks Like a Big Deal for FIT Stock
The deal with Singapore has renewed my faith that Fitbit's devices will be appealing to insurers and employers. Moreover, the valuation of FIT stock, which has a market cap of less than $800 million, ... ( read original story ...)
UOB expands footprint in Vietnam with opening of Hanoi branch
SINGAPORE (Aug 22): United Overseas Bank (Vietnam) officially opened its branch in Hanoi on Thursday, its first beyond Ho Chi Minh City. The expansion comes a year after the incorporation of UOB ... ( read original story ...)
HSBC Weighs Bid for Aviva’s Asian Assets in Diversity Push
A deal would help HSBC bolster its insurance presence in Singapore and other parts of Southeast Asia, the people said. Aviva, the U.K. insurance conglomerate whose shares have dropped 27% in the last ... ( read original story ...)
Singapore’s Evolving Digital Banking Industry: What Digital Banking Licenses Mean For The Country
Singapore has a mature banking sector, like most of the developed countries in the world. Technological advancements have been disrupting many industries, and the banking industry is not exempt from ... ( read original story ...)
DBS Bank to enter India’s credit card market in 2020
Southeast Asia's biggest bank DBS Group Holdings (DBSM.SI) is preparing to enter the local credit card market in India in 2020, a senior company executive said on Tuesday. The Singapore-based lender's ... ( read original story ...)
OCBC In Talks With Singtel on Singapore Virtual Bank License
Oversea-Chinese Banking Corp. is in talks with companies including Singapore Telecommunications Ltd. about seeking one of the city-state’s planned virtual bank licenses, according to people familiar ... ( read original story ...)