UOB has broken new ground here by pricing capital securities with a reset coupon rate that references the Singapore Overnight Rate Average Overnight Indexed Swap (Sora-OIS) rate.. Read more at ... ( read original story ...)
UOB to expand wealth management services on mobile app
The bank will launch a Simple Invest tool on UOB Mighty in the first quarter of this year.. Read more at straitstimes.com. ( read original story ...)
DBS to roll out more personalised services, improved rewards system on PayLah! app
Buy tickets for a movie at VivoCity using your mobile wallet and then get discounts on your private-hire ride to the mall and when shopping there.. Read more at straitstimes.com. ( read original story ...)
Citi launches first lending API partnership with Grab in APAC
Citi and Grab have expanded their partnership in consumer lending with the launch of the bank’s first API-enabled lending capability in APAC. ( read original story ...)
OCBC CEO Samuel Tsien to Be Replaced by Helen Wong in April
Oversea-Chinese Banking Corp., Singapore’s second-largest bank, named Helen Wong as chief executive officer, replacing Samuel Tsien who will retire in April after running the lender since 2012. ( read original story ...)
OCBC picks Wong as group CEO, first woman to head a Singapore bank
Chinese Banking Corp (OCBC), has appointed Deputy President Helen Wong as its new group chief executive, succeeding Samuel Tsien who retires in April after nearly nine years in the role. SINGAPORE, ... ( read original story ...)
Singapore bank OCBC appoints Helen Wong as group CEO
Chinese Banking Corp, said on Friday it had appointed Helen Wong, its deputy president as group CEO, succeeding Samuel Tsien, who will retire in April. (Reporting by Anshuman Daga. Editing by Jane Mer ... ( read original story ...)
OCBC Bank names Helen Wong as new Group CEO from Apr 15
Deputy President and Head of Global Wholesale Banking Helen Wong will take over as Group Chief Executive Officer from Apr 15, the bank announced in a media release on Friday (Jan 8). She succeeds Mr ... ( read original story ...)
Singapore economy shrinks 5.8% last year, less than expected
Singapore closed its worst year of economic performance on an optimistic note with the economy shrinking less than expected. Gross domestic product (GDP) contracted by 5.8 per cent last year amid ... ( read original story ...)
Swiss-Brazilian bank to acquire business in Singapore and Hong Kong
Brazilian private bank J. Safra Sarasin has reached an agreement to acquire Canada's Bank of Montreal's (BMO) private banking business in Hong Kong and Singapore for an undisclosed valuation, ... ( read original story ...)
GoBear’s Closure Comes As A Shock But Will Unlikely Leave A Dent In S’pore’s Finance Industry
GoBear cited the failure to raise additional funds from existing or new investors as the primary reason for closure. The post GoBear’s Closure Comes As A Shock But Will Unlikely Leave A Dent In S’pore ... ( read original story ...)
UOB prices capital securities referencing Sora
SINGAPORE (THE BUSINESS TIMES) - UOB announced on Friday (Jan 8) that it has successfully priced capital securities with a reset coupon rate that references the Singapore Overnight Rate Average ... ( read original story ...)
Singapore rate transition advances in earnest
UOB prices Singapore’s first capital securities with a reset coupon rate that references the Singapore Overnight Rate Average Overnight Indexed Swap (SORA-OIS) rate. ( read original story ...)
DBS chairman Peter Seah appointed to Council of Presidential Advisers
DBS chairman Peter Seah Lim Huat has been appointed as a member of the Council of Presidential Advisers (CPA), the Istana said on ... ( read original story ...)
RPT-UPDATE 1-Mercuria teams up with Singapore fund manager Envysion for project investment
First batch of investment to be up to $200 mln - Envysion CEO * Commodity traders seek funding as banks pull out of sector * Scope covers oil & gas, mining, renewables - Envysion adviser Jan 7 ... ( read original story ...)
From Ola, Zomato to Nykaa, Flipkart, LIC, here are some of the biggest IPOs expected in 2021
The IPO was expected in the second half last year ... Flipkart is possibly looking at an overseas listing — either in Singapore or the US, according to news reports that came after Walmart ... ( read original story ...)