HSBC plans to form a ultra-high-net-worth (UHNW) team in Asia. HSBC must poach from the powerhouses of Asian wealth management – UBS, Credit Suisse and Julius Baer – if it’s to successfully build out ... ( read original story ...)
OCBC Pay Anyone on food ordering app Waitrr
SINGAPORE - OCBC is offering its mobile payment service on food ordering app Waitrr. The OCBC Pay Anyone app enables customers to make direct QR code payments to merchants, and peer-to-peer e-payments ... ( read original story ...)
StanChart to inject over $3b capital into Singapore unit
After the exercise is complete, the local unit - Standard Chartered Bank (Singapore), which already operates the retail banking business - will operate the commercial banking, corporate and ... ( read original story ...)
Best Blue Chip Stocks In Singapore In 2019
UnitedOverseas Bank Limited– This is one of the three major banks in Singapore,and it is also a strong performer. Its stocks are publicly listed onSingapore’s stock exchange platform called the ... ( read original story ...)
Customers wait in line for over 3 hours for service at Kaki Bukit POSB Branch
It appears that customers visiting the Kaki Bukit POSB branch have to wait for hours just to be served at the counter. Pictures shared by one netizen, that show long lines of customers waiting for ... ( read original story ...)
Indonesia’s Lion Air in early stages of long-delayed IPO: sources
JAKARTA/SINGAPORE (Reuters) - Indonesia's Lion Air has begun preliminary work on an initial public offering (IPO) that has been delayed multiple times over the past five years, sources familiar with ... ( read original story ...)
StanChart to inject over US$2.5b capital into Singapore unit in business transfer
SINGAPORE - Standard Chartered Bank will be injecting more than US$2.5 billion (S$3.38 billion) in common equity tier 1 (CET1) capital into its locally-incorporated unit as part of a business transfer ... ( read original story ...)
“I work weekends only once a year”: the people with the best hours in Asian banking
Adrian Quek, a senior developer at DBS in Singapore, arrives at the bank’s office in Changi Business Park around 9am most days. By 6pm he’s out the door and by 6.30pm he’s back home. ( read original story ...)
Fines totalling S$16.8m slapped on 42 financial firms in Singapore in 18 mths ended December ’18
MAS had found the risk management and controls of the bank to be “unsatisfactory”. Following the 1MDB scandal that dented Singapore’s reputation as a clean financial centre, MAS had said it would make ... ( read original story ...)
Money 20/20 Asia Q&A: ANZ’s Sreeram Iyer on institutional banking and innovation
Sreeram Iyer, COO of institutional banking at ANZ Banking Group, will be joining other financial services professionals at Money 20/20 Asia in Singapore to discuss the incumbents’ response to ... ( read original story ...)
Singapore BANKING, ANONYMOUS BANK ACCOUNT, ANONYMOUS CREDIT CARD, ANONYMOUS ONLINE BANK ACCOUNT
Singapore BANKING, ANONYMOUS BANK ACCOUNT, ANONYMOUS CREDIT CARD, ANONYMOUS ONLINE BANK ACCOUNT Singapore BANKING, ANONYMOUS BANK ACCOUNT, ANONYMOUS CREDIT CARD, ANONYMOUS ONLINE BANK ACCOUNT ... ( read original story ...)
Singapore Bourse May Extend Its Winning Streak
(RTTNews) - The Singapore stock market has climbed higher in three straight sessions, advancing more than 15 points or 0.5 percent in that span. The Straits Times Index now rests just above the ... ( read original story ...)
Singapore’s banks must embrace fintech to endure, says S&P
and the innovations it heralds will improve the long-term competiveness of Singapore's banking industry, says S&P Global Ratings. In the report, "Singapore banks must adapt to fintech or lose out," ... ( read original story ...)
Sensex rises over 300 points, Nifty crosses 11,500; PowerGrid, Kotak Bank, HDFC Bank top gainers
Banking and oil and gas stocks led the gains with their indices ... South Korea's Kospi SEU was about flat, while benchmark indexes in Taiwan 0.45%, Singapore STI, 0.41% and Indonesia 0.75% rose ... ( read original story ...)
Singapore banks to shine despite regional macros, competition from fintechs: Maybank
SINGAPORE (Mar 18): Maybank Kim Eng is keeping “positive” on Singapore’s banking sector while noting significant interest among Malaysian investors in Singapore banks from a flight-to-quality angle, ... ( read original story ...)
Singapore banks’ credit costs to rise 5bp in 2020
The domestic banking sector's credit charges fell to a 12-year low in 2018 although analysts are expecting headline figures to rise over the coming months amidst worsening macro-economic conditions. ... ( read original story ...)