Singapore’s financial regulator is working with private banks to shorten account opening time using a “risk-appropriate” approach, as the city-state rises in importance as a wealth management hub.
As The World’s Best Private Bank, DBS Is Charting Bold New Paths For Global Wealth
This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Amid an increasingly fragmented and complex global landscape, ultra-high-net-worth clients ...
MAS tell private banks in Singapore to shorten account opening time for the rich
Singapore’s financial regulator is working with private banks to shorten account opening time using a “risk-appropriate” approach, as the city-state rises in importance as a wealth management hub.
High Court raps UOB over inconsistent legal positions on late mortgage payment charges
The High Court has criticised UOB for inconsistent legal stances on late mortgage payment charges, prompting a review of banking practices. Read more at straitstimes.com. Read more at straitstimes.com ...
Singapore central bank working with industry group to streamline private bank account applications
SINGAPORE, May 25 (Reuters) - Singapore's central bank is working with the country's private banking industry group to shorten the time needed for wealthy individuals to open bank accounts, the bank's ...
More Singapore residents target more than $1 mil and retirement in their 40s: CIMB-NTU study
According to the second edition of the “Attitudes and Beliefs towards Financial Independence Report”, independence is now increasingly quantified, with 56.3% aspiring to accumulate over $1 million, up ...
Standard Chartered CEO apologises for ‘lower-value human capital’ comment criticised by Halimah Yacob
Bill Winters, the group chief executive at Standard Chartered, has apologised for recent comments he made that drew criticism from the public, including former Singapore president Halimah ...
DBS CEO makes over S$6 million after disposing 100,000 shares
Tan disposed of the shares at $60.12 apiece on May 15. Following the disposal, Tan’s stake in DBS fell to 0.048% from 0.052% previously.
GIC-Backed JustCo Shares Fall in Singapore Debut
Shares of GIC-backed JustCo fell in their Singapore trading debut on Friday. The stock dropped as much as 10% to 0.845 Singapore dollar, from the initial public offering price of S$0.94. Shares later ...
Taiwanese chip testing firm’s new Singapore facility to create over 300 jobs
KYEC's site at Ang Mo Kio includes an over 109,000 sq ft cleanroom. Read more at straitstimes.com. Read more at straitstimes.com.
Standard Chartered fields regulator queries after CEO’s ‘lower-value human capital’ remark
Standard Chartered faces Hong Kong and Singapore regulator scrutiny after CEO Bill Winters lower value human capital AI remark, as job cut concerns grow ...
Former Singapore president blasts StanChart CEO for calling workers ‘lower-value human capital’
Mdm Halimah Yacob said, "Workers are human beings with families, not just a form of capital. They, too, have contributed to the bank and now, because of AI, have become redundant. It’s demeaning ...
Asia’s gold rush fuelled by wealth flows: OCBC
OCBC is optimistic about Singapore’s ambitions to become a gold hub, and believes gold could rise to US$6,000 per ounce.
Game-changing EQDP makes Singapore stocks ‘exciting’ amid global volatility, says OCBC
Markets are volatile, with stormy rain alternating with sunny blue skies. Just four months ago, global markets started on a “very weak” note. The US shocked the entire Americas and beyond with the ...
How did Singapore biggest lender DBS’s stock perform before CEO Tan Su Shan sold 100,000 shares?
DBS CEO Tan Su Shan has sold 100,000 shares as the lender’s stock reached a new record, driven by strong financial performance and upgraded outlook by analysts.
DBS Is Quietly Evolving Into An Asian Financial Compounder
DBS Group Holdings (DBSDF, DBSDY) is evolving into a diversified, AI-enabled regional financial platform with strong wealth management and digital ...