Category: FINANCE

SINGAPORE - OCBC Bank's chief executive Samuel Tsien has got a 15.63 per cent increase in pay in 2017 from a year ago, the bank disclosed in its annual report on Friday (April 6). Mr Tsien received S$9.69 million in 2017. In 2016, his total remuneration ... ( read original story ...)

SINGAPORE - DBS Bank announced on Thursday (April 5) it will help its corporate clients reduce their cheque use by 30 per cent from current levels within the next two years, in a bid to help them keep pace with the increasing popularity of digital payments ... ( read original story ...)

One of Singapore’s most experienced traders has just re-emerged on the buy-side in a C-level job. https://news.efinancialcareers.com/sg-en/310579/setio-darmawan-hsbc-to-uob/ Clarence Chan, UOB’s former head of spot trading and eFX, has re-emerged as ... ( read original story ...)

Singapore: Standard Chartered Plc, the UK bank with operations across Asia and Africa, is kicking off a sale process for its loss-making private equity unit, according to people with knowledge of the matter. Earlier this month, the bank sent so-called ... ( read original story ...)

The Monetary Authority of Singapore (MAS) announced on March 19 it has imposed fines of 5.2 million SGD (about 3.95 million USD) on the Singapore branch of Standard Chartered Bank (SCBS), and 1.2 million SGD (about 910,000 million USD) on Standard ... ( read original story ...)

Standard Chartered has been fined by regulators in Singapore for breaking money laundering and terrorism financing rules. The bank has been fined a total of 6.4m Singaporean dollars (£3.5m) by regulator the Monetary Authority of Singapore (MAS). ( read original story ...)

This article is written in collaboration with Standard Chartered Bank (Singapore) Limited. All views expressed in the article are the independent opinions of DollarsAndSense.sg Building up savings is an important financial objective for many working adults. ( read original story ...)

The average Singaporean probably only knows of a couple of Standard Chartered credit cards – the Unlimited Cashback card and Spree card – but SCB actually has quite a number of credit cards on offer (some are either outdated or niche though). ( read original story ...)

As Standard Chartered restructures its Asian investment banking team, Deloitte has nabbed one of its senior bankers in Singapore. https://news.efinancialcareers.com/sg-en/305561/bob-fabriz-standard-chartered/ Tanay Jain, who was responsible for Southeast ... ( read original story ...)

HONG KONG: Standard Chartered Plc units were fined S$6.4mil (US$4.9mil) for failing to meet Singapore’s anti-money laundering requirements, less than two years after it was punished for a similar breach in the city-state. The lender’s Singapore branch ... ( read original story ...)

Standard Chartered has been slapped with a 5.2 million Singapore dollar (£2.8 million) fine for breaching anti-money laundering and anti-terrorism funding regulations. The fine, meted out by the Monetary Authority of Singapore, relates to transfers from ... ( read original story ...)