Standard Chartered has appointed veteran banker Julian Moneta as its Singapore-based global head of wealth management transformation. His move comes as private banks in the Republic look to hire ... ( read original story ...)
DBS bets on ‘poisoned chalice’ of India banking for profits
Mumbai/Singapore: DBS Group Holdings Ltd. aims to bolster loans to Indian consumers and small businesses as part of a plan to reduce its reliance on Singapore. Southeast Asia’s biggest bank will push ... ( read original story ...)
Japfa kept at ‘buy’ by UOB KayHian with 98 cents target despite African Swine Fever worries
SINGAPORE (Mar 5): UOB KayHian is maintaining Japfa at “buy” despite the stock’s 8% share price correction over the past two days in response to the African Swine Fever (ASF) in Vietnam. Management ha... ( read original story ...)
DBS bets on ‘poisoned chalice’ of India banking to lift profits
The Singapore bank is the only sizable foreign bank to have taken steps to set up a local unit after India announced relevant rules in 2013. The three largest foreign banks in the country - Citigroup, ... ( read original story ...)
Singapore’s finance hub status threatened by China’s ‘Greater Bay’
SINGAPORE -- China's ambitious Greater Bay Area project encompassing Hong Kong, Macao and nine cities in Guangdong could threaten Singapore's standing as a hub for finance and technology. ( read original story ...)
Singapore business confidence weakens for third straight quarter
Though the services sector had six indicators in expansionary zone for the second quarter, three of of the six indicators, namely new orders, inventory levels and employment, showed signs of downward ... ( read original story ...)
Union Bancaire Privée obtains wholesale bank license in Singapore
Union Bancaire Privée (UBP) announced on March 4 that its Singapore branch UBP Singapore has received regulatory approval from the Monetary Authority of Singapore (MAS) for a wholesale bank license. U... ( read original story ...)
UOB YOLO Credit Card – MoneySmart Review 2019
Who should use the UOB YOLO Card? True to its name, the UOB YOLO Card is best for young Singaporeans with few financial commitments. Think unmarried Singaporeans who are still living with their parent... ( read original story ...)
Ipos named second most innovative intellectual property office in the world, first in Asia
SINGAPORE - The Intellectual Property Office of Singapore (Ipos) has clinched the No. 2 spot for being the most innovative intellectual property office in the world, according to a recent study of the ... ( read original story ...)
Here’s How Singapore-Listed Banks Performed in 2018
and United Overseas Bank Ltd (SGX: U11) are three major listed banks in Singapore. The trio, which make up around 40% of the Straits Times Index (SGX: ^STI), performed well financially in 2018. For in... ( read original story ...)
Yangzijiang a winner in current shipyard consolidation wave: DBS
SINGAPORE (Mar 4): DBS Group Research is maintaining Yangzijiang Shipbuilding at “buy” with $1.82 target price, saying it is one of the world’s best managed and profitable shipyards. See: Yangzijiang ... ( read original story ...)
Singapore Stock Market May Extend Friday’s Gains
(RTTNews) - The Singapore stock market on Friday snapped the three-day slide in which it had fallen almost 60 points or 1.8 percent. The Straits Times Index now rests just above the 3,220-point ... ( read original story ...)
River Ryan man accused of robbing bank in Singapore still waiting to appeal extradition order
A River Ryan man remains in custody in London, still waiting to appeal a judgment for his extradition to Singapore. At an earlier date, officials with the Westminister Queen’s Court said David James R... ( read original story ...)
Citi Singapore takes on senior banker in “slightly more aggressive” hiring drive
Citi’s plan to bolster its private banking recruitment in Singapore has taken a step forward with the hire of Bobby Effendi, a Bank of Singapore director. Effendi has joined Citi Private Bank to ... ( read original story ...)
Thais tapped for UOB’s mobile-only bank
Singapore-based UOB Group has picked Thailand as the first country in Asean for its mobile-only bank to tap millennials. Thailand has a large population nearing 70 million, of which one-third are mill... ( read original story ...)
DBS bank launches “robo-investor” to appeal to investors looking for low maintenance investments
Singapore’s largest bank DBS unveiled a “robo-investor” service on Thursday to allow customers to manage their investment portfolio through a “robot” which automates investment processes such as rebal... ( read original story ...)