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Category: FINANCE

Posted on 25/03/2025

HSBC Global Private Banking Expands Southeast Asia Coverage

HSBC Global Private Banking (GPB) has made a strategic appointment within its Southeast Asia leadership team, naming a new head to oversee both the Philippines and Japan desks.

Posted on 25/03/2025

10 best savings accounts in Singapore with the highest interest rates (March 2025)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

Posted on 24/03/2025

DBS’ new CEO Tan open to ‘bolt-on’ acquisitions

DBS Group's incoming CEO Tan Su Shan is open to "bolt-on" acquisitions, and will focus on boosting the Singaporean lender's high-return businesses such as wealth and transaction banking. Tan, 57 and ...

Posted on 24/03/2025

DBS gets ranked fifth most valuable bank brand in APAC and 17th globally

SINGAPORE: DBS has emerged as the fifth most valuable bank brand in the Asia-Pacific (APAC) region and 17th globally, according to the latest Banking 500 ranki ...

Posted on 24/03/2025

Singapore banks face an automation reckoning in 2025

Only 1% of banks in Singapore have successfully automated the majority of their KYC and onboarding workflows. Here's why the others need to follow suit quickly.

Posted on 24/03/2025

UOB Kay Hian keeps ‘buy’ on Keppel DC REIT on limited near term new capacity

UOB Kay Hian's Jonathan Koh has kept his "buy" call on Keppel DC REIT, given the recent "upsurge" in positive rental reversion for colocation data centre leases in Singapore is seen to sustain into ...

Posted on 24/03/2025

DBS’ new CEO Tan eyes ‘bolt-on’ acquisitions to bolster tech capabilities

DBS Group's incoming CEO Tan Su Shan is eyeing "bolt-on" acquisitions that align with the Singaporean lender's digital and AI-driven priorities, while focusing on boosting high-return businesses such ...

Posted on 24/03/2025

Singapore core inflation falls further to 0.6% in February, lowest since June 2021

Prices fell for two categories of items – electricity and gas, and retail and other goods. Read more at straitstimes.com.

Posted on 24/03/2025

Chocolate Finance Says All Withdrawals From 10–18 March Have Been Paid Out

Singapore-based Chocolate Finance said it has completed processing all withdrawal requests submitted between 10 and 18 March.

Posted on 24/03/2025

JP Morgan prefers DBS, downgrades UOB to neutral

JP Morgan downgrades UOB to neutral, prefers DBS for its yield, cautious on Indonesia, but more positive on Thailand ...

Posted on 24/03/2025

Banking Circle’s BC Payments Gets In-Principle Nod for Payment License

BC Payments has received in-principle approval from the Monetary Authority of Singapore for a Major Payment Institution (MPI) license.

Posted on 24/03/2025

Stocks to watch: UOB, SIA, Nio, Starhill Global Reit

SINGAPORE] The following companies saw new developments that may affect trading of its securities on Monday (Mar 24). Read more at The Business Times.

Posted on 24/03/2025

SGX delistings: The inevitable shift in an evolving market

Over in the United Kingdom, the London Stock Exchange saw 88 delistings in 2024 versus only 18 new entrants, the most significant net outflow of firms since the US sub-prime crisis of 2008. According ...

Posted on 24/03/2025

Temasek-backed 65 Equity Partners sees global firms as possible source for IPO pipeline

SINGAPORE] Compared with stock exchange peers in South-east Asia, Singapore is an attractive listing destination for global firms, and does not solely depend on domestic companies for initial public ...

Posted on 23/03/2025

UOB CEO’s pay drops 5.5% in 2024 despite record profit

SINGAPORE: UOB deputy chairman and CEO Wee Ee Cheong’s total pay for 2024 dropped by 5.5% to S$15 million, even though the bank posted a 5.8% increase in net ...

Posted on 23/03/2025

10 best savings account in Singapore with the highest interest rates (March 2025)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

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