Meanwhile, HSBC's 140-year-old Singapore-based franchise has articulated eight priorities: capturing infrastructure; capturing sustainable finance opportunity; scaling up SME business; growing Singapo... ( read original story ...)
Grab, Razer and Revolut are hiring in Singapore. Banks aren’t happy about it
While banks sometimes partner with Singapore payments businesses ... stake but no bonus), while a similar position at a large bank can pay as much as S$380k, along with a bonus of about two ... ( read original story ...)
Hyderabad: DBS Bank set to hire 1K engineers
Hyderabad: DBS Bank India, the subsidiary of Singapore headquartered DBS Bank, is planning to recruit around 1,000 engineers for its Hyderabad-based technology centre ‘DBS Asia Hub 2’ in the next two ... ( read original story ...)
HSBC Singapore Rugby 7s 2019 Now Has A New Pool Party & Free DreamWorks Activities Included In Your Tix
You don’t have to be a die-hard rugby fan to enjoy HSBC Singapore Rugby 7s - heck, you don’t even need a basic grasp of the rules. FYI for the uninitiated: Rugby 7s is played by 7 players, with each h... ( read original story ...)
Singapore central bank consolidates IT divisions
The Monetary Authority of Singapore is consolidating its disparate technology functions under a single overarching structure. The new Technology Group will comprise the Data Analytics Group, Informati... ( read original story ...)
Singapore Bourse Expected To Turn Lower Again On Friday
The Singapore stock market on Thursday snapped the two-day slide in which it had lost almost 20 points or 0.6 percent. The Straits Times Index now rests just beneath the 3,230-point plateau although i... ( read original story ...)
Bonuses tumble at Deutsche in Hong Kong and Singapore as bankers seek exit
Deutsche’s private bankers in Hong Kong and Singapore have been well rewarded this bonus round and their division continues to hire, but bonuses in the corporate and investment bank (CIB ... ( read original story ...)
Why open banking is less about data and more about CX
At the recent Asian Financial Services Congress in Singapore, Tech Wire Asia heard about the good, the bad, and the ugly of the open banking system from several analysts, but there were two key takeaw... ( read original story ...)
BNP Paribas provides global custody services for China Merchants Bank
BNP Paribas Securities Services has been selected to provide global custody services to China Merchants Bank, Singapore (China Merchants Bank), according to an announcement made by BNP Paribas Securit... ( read original story ...)
This F&B empire is a steal at current valuations, says UOB Kay Hian
SINGAPORE (Mar 8): UOB Kay Hian is initiating coverage on Koufu Group at “buy” with a target price of 95 cents, which implies a 41.8% upside to its last close of 67 cents. The move comes on UOB’s beli... ( read original story ...)
Southeast Asia’s biggest bank DBS bets on India to reduce reliance on Singapore
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 ...)
DBS is Maybank Kim Eng’s top pick amid expectation of wider NIM in 2019
SINGAPORE (Mar 7): Maybank Kim Eng Research says DBS Bank is its top pick among local banks on the back of its strong low cost deposit franchise. “Domestic banks, with lower loan to deposits (LD) rati... ( read original story ...)
Keppel REIT to benefit from lease renewals, Australia portfolio going forward: UOB
SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “buy” call on Keppel REIT with a target price of $1.35 on expectations of the REIT to benefit from the full-year impact of leases, which were renewed ... ( read original story ...)
UOB-backed business accelerator forays into Thailand, eyes helping SMEs digitalise
It was also "perfect timing" that Singapore's Global Innovation Alliance launched its Bangkok office last April. In Thailand, the programme will be run in collaboration with UOB (Thai), the Digital Ec... ( read original story ...)
Warburg-backed ESR files for HK IPO said could be worth up to $2 bil
(Mar 6): ESR, the logistics real estate platform backed by Warburg Pincus, is expected to carry out an IPO in Hong Kong within the next ... 5.7 million sqm of facilities across China, Japan, India, Si... ( read original story ...)
Recruitment drive: DBS Bank looking for new technology engineers for its Hyderabad based center
Singapore based Development bank of Singapore (DBS) is looking for new hiring of 1000 technology engineers for its recently established technology, centre ‘DBS Asia Hub 2’ in Hyderabad. In 2016, DBS G... ( read original story ...)