Operating under an open architecture system, Manulife Advisory Group will enable larger insurance penetration and accelerate the rate of financial inclusion in Singapore. Customers will have a wide ... ( read original story ...)
Standard Chartered PLC (SCBFF) CEO William Winters on Q2 2020 Results – Earnings Call Transcript
Q2 2020 Results Conference Call July 30, 2020 03:00 AM ET Company Participants William Winters - CEO Andrew Halford - CFO Niluka Ratnayake - IR Conference Call Participants Jenny Cook - Exane Tom ... ( read original story ...)
UOB launches training programme for its finance staff
United Overseas Bank (UOB) has launched a three-month programme for its finance employees to equip them with soft and technical skills to advance in their careers.. Read more at straitstimes.com. ( read original story ...)
DBS launches new digital solutions to boost retirement planning in tough times
DBS, which says a third of its customers had negative cash flow January to June 2020, is ramping up its suite of digital financial planning solutions and tools to empower Singaporeans in retirement ... ( read original story ...)
Citibank Rewards Card – MoneySmart Review 2020
Share your recommendations in the comments! The Best Rewards Credit Cards in Singapore Best Citibank Credit Cards in Singapore – Credit Card Reviews The Best Credit Cards in Singapore for Online ... ( read original story ...)
Singapore shuts down second bank linked to 1MDB
Monetary Authority of Singapore (MAS) orders Falcon Bank to cease operations in the city-state because of 'serious failures in anti-money-laundering (AML) controls and improper conduct' by senior mana ... ( read original story ...)
Mr. Anil Jaggia, Former CIO, HDFC Bank, joins Cloud4C – a CtrlS Company, as a Strategic Advisor
Before this, Mr. Jaggia worked for over 18 years with Citibank at Chicago, New York, Singapore, Mumbai and Kolkata. Mr. Anil Jaggia said, "I am happy to join Cloud4C as a Strategic Advisor. ( read original story ...)
Diginex launches Singapore cryptocurrency exchange
Singapore digital banking era will put focus on SMBs, consumer trust Introduction of digital banks will 'shake up' Singapore's banking industry, which is expected to have up to five new digital market ... ( read original story ...)
Shares of Singapore’s top banks fall after regulator limits dividend payouts for 2020
Shares of Singapore's top three banks tumbled on Thursday after the country's financial regulator asked lenders to cap dividends this year. The Monetary Authority of Singapore on Wednesday urged local ... ( read original story ...)
Singapore: Unemployment could tick higher in H2 2020 – UOB
“Singapore’s unemployment rate expectedly rose to 2.9% in the second quarter of 2020, according to the provisional data by the Ministry of Manpower. This marks the highest unemployment rate over a ... ( read original story ...)
Singapore bank shares sold off after MAS call to cap dividend payouts
SINGAPORE - Investors sold off shares of DBS Group Holdings, Oversea-Chinese Banking Corp (OCBC), and United Overseas Bank (UOB) on Thursday (July 31) after Singapore's central bank asked the lenders ... ( read original story ...)
Standard Chartered takes optimistic view on bad loan charges in second half, beats analysts estimates
No one will miss a pay cheque in 2020,’ says CEO Bill Winters, as employees losing their jobs as part of the revamp will be paid through the end of the year. ( read original story ...)
Citibank SMRT Card – MoneySmart Review 2020
You might think that SMRT is the source of all your problems, but that doesn’t mean you should refuse to sign up for the Citibank SMRT Card out of spite. Its name might make it sound like a glorified ... ( read original story ...)
South-east Asian IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in South-east Asia later this year, pointing to an upturn after Covid-19 pandemic-hit markets and ... ( read original story ...)
Blackstone-backed Mindspace REIT’s IPO covered 13 times on final day
Ahead of the IPO, the investment trust raised Rs 1,519 crore ($203 million) from anchor investors on Friday. The firm mobilised the capital by issuing 55.23 million units at Rs 275 apiece to 54 ... ( read original story ...)
COVID-19 impact | Standard Chartered to lay off hundreds worldwide
Those losing their jobs will continue to receive the salary until the end of 2020 in addition to a severance payment ... ( read original story ...)