And it wants to poach bankers who’ve just moved from Barclays to Bank of Singapore. http://news.efinancialcareers.com/sg-en/213178/this-is-what-your-private-banking-salary-and-bonus-should-be-in-singapore/ The ex-Barclays bosses heading up Standard ... ( read original story ...)
Singapore inflation accelerates to 2-yr high, easing bets recede
SINGAPORE Singapore's inflation rose at its fastest pace in two years in January, led by services and oil-related items, virtually shutting out the prospect of further monetary policy easing at the central bank's next meeting in April. The all-items ... ( read original story ...)
Deutsche Bank Said to Review Options This Month for Capital (2)
(Bloomberg) -- Deutsche Bank AG plans to review strategic options over coming weeks that include a capital increase and the partial sale of its asset-management business, according to people with knowledge of the plans. The supervisory board is scheduled ... ( read original story ...)
Deutsche Bank Said Near Plan on $10.6 Billion Capital Raise (1)
(Bloomberg) -- Deutsche Bank AG is nearing a plan to boost capital by more than 10 billion euros ($10.6 billion) through an equity offering and the partial sale of its asset management unit, according to people with knowledge of the discussions. The ... ( read original story ...)
The Call: UOB stays overweight on Singapore banks
SINGAPORE (Feb 22): UOB KayHian is maintaining its “overweight” rating on the local banking sector, keeping DBS Group Holdings and Oversea-Chinese Banking Corp as its top buys. In a Monday report, UOB lead analyst Jonathan Koh says the outlook for 2017 ... ( read original story ...)
DBS launches enhanced digital wealth platform
A new offering from DBS is a first in Singapore, according to the bank, by allowing clients to conduct their banking transactions, manage their wealth and also trade on a single platform. A new offering from DBS is a first in Singapore, according to the ... ( read original story ...)
Singapore dollar slides across the board as data show dismal outlook
The Singapore dollar has dropped against most major currencies on Friday as surveys showed private sector growth is slowing and inflation outlook remains subdued in the island economy. Despite the broad weakness in the US dollar, the Singdollar weakened ... ( read original story ...)
Olympic golf champ Park In-Bee seizes Singapore lead
Olympic champion Park In-Bee recovered from a rare double bogey to grab the outright lead after the second round of the HSBC Women's Champions tournament in Singapore on Friday. Playing just her second tournament after a six-month break to recover from a ... ( read original story ...)
Singapore's private sector growth indicator slips to 4-month low
A general view of factories at an industrial park in Singapore September 16, 2014. Reuters Singapore's private sector growth indicator has dropped to a 4-month low in February, due to slower expansions in output, new orders and hiring, according to the ... ( read original story ...)
Singapore designed what could be the world’s best bus stop, with swings, books, and a rooftop garden
A bus stop in Jurong, Singapore. Singaporean firm DP Architects says it has designed a bus stop that “makes waiting fun.” The bus stop, first spotted by Citylab, features swings, books, a rooftop garden, bicycle parking, phone chargers, artwork by ... ( read original story ...)
HSBC Women’s Champions preview: World-class field expected to dazzle
With 23 of the top 25 players in the world on hand in Singapore, “Asia’s Major” takes center stage on the new Tanjong Course at Sentosa Golf Club. To kick off the 10th HSBC Women’s Champions, five high-profile players – Lydia Ko, Lexi Thompson ... ( read original story ...)
Citibank, Visa to launch a cloud-based B2B platform
It is designed for medium and large corporations. Citibank Singapore and Visa are launching a cloud-based business-to-business (B2B) platform aimed at addressing complex purchasing requirements for businesses. Dubbed Renepay, the e-procurement platform is ... ( read original story ...)
Banking on boring but safe home mortgages
Last month, a DBS Bank staffer got rather worked up at a tweet which said "UOB has the highest new home loan market share in Singapore, at 31 per cent: CEO". This reporter was contacted and grilled on the matter, such as how UOB made such a claim ... ( read original story ...)
OCBC injects S$600,000 into CSR scheme initiatives
SINGAPORE — OCBC Bank has expanded its corporate social responsibility (CSR) programme #OCBCCares with an additional S$600,000 to support initiatives proposed by its charity partners. The causes range from vulnerable children, youth and families and ... ( read original story ...)
Michelle Wie opens with 66, takes 1-stroke lead at Singapore
SINGAPORE (AP) - Michelle Wie rolled in several clutch putts on Thursday and had six birdies in a 10-hole stretch to take a one-stroke lead after the first round of the HSBC Women's Champions. The 27-year-old Wie, who has struggled with injuries and form ... ( read original story ...)
OCBC rejigs 360 Account again to lure emerging affluent
Read also: Singapore's OCBC Q4 profit slumps to 3-year low on bad debt charges OCBC has also introduced a new rate for what it dubs a "wealth bonus". The new "wealth bonus" refers to an additional interest of 0.6 per cent per year paid to customers who ... ( read original story ...)