Kaur joined HSBC in April 2013 and went on to hold several leadership roles, most recently, chief risk and compliance officer. She succeeds the former CFO, Georges Elhedery, who w
HSBC to split U.K. and Hong Kong banking arms into two separate units
HSBC’s overhaul will see the bank split into four separate units under the control of two distinct Eastern and Western markets divisions, new CEO Georges Elhedery said
OCBC achieves 80% of its 250K target cross-border QR payments in 2024
This milestone comes just one year after OCBC integrated Alipay+ into its cross-border QR payment options on the OCBC Digital app ...
Singapore’s inflation outlook: Only 4 in 10 believe prices will fall
As of September 2024, only 44.8% of Singaporeans believe inflation will decrease, a slight drop from 45.2% in June ...
HSBC Splits Operations Into East, West Regions in Largest Restructuring in a Decade
HSBC Holdings’ new CEO, Georges Elhedery, has introduced the most extensive restructuring of the bank in over a decade.
Standard Chartered revamps its proposal for Indian HNW clients
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OCBC drives sustainability with $1m sponsorship of solar-powered fleet at Gardens by the Bay
The eco-friendly vehicles can generate close to 70 per cent of their operational power directly from solar energy. Read more at straitstimes.com.
How UOB Vietnam navigates growth and opportunities within the region
UOB Vietnam CEO Victor Ngo talks about the country's robust pipeline of FDIs, the bank's digitalisation plans and more.
Singapore court orders trader to pay investor S$4.7 million after forex trade goes south
THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to investor Oan Chim Seng for breaching an investment agreement. Additionally, he must pay ...
Banking stocks help lift STI by 0.4% amid rising US Treasury yields
Mr Zane Aw, research analyst at Phillip Securities Research, told The Business Times: “The three local banks, which make up almost 50 per cent of the STI’s weightage, are up between 0.5 and 1.3 per ...
Singapore FPSO fabricator’s directors accept takeover offer
Singapore floater fabricator Dyna-Mac’s board of directors has recommended that the company’s shareholders accept an all-cash takeover offer by South Korea’s Hanwha Ocean.
Economic returns key to Singapore’s regional clean power plans
Singapore's expanding plans to tap into regional clean power markets will need to be economically attractive for producers and transmitters of electricity in order to succeed, industry executives said ...
Godavari Biorefineries IPO Opens For Subscription, GMP Hints Flat Listing; Check Allotment & Listing Dates
The initial public offering (IPO) of Godavari Biorefineries, a player in the ethanol and bio-based chemicals sector, commenced its subscription on. This three-day IPO will close on Friday, October 25 ...
Singapore Sept Core Inflation at 2.8% Y/y
SINGAPORE (Reuters) - Singapore's key consumer price gauge rose 2.8% in September from a year earlier, higher than economists' forecasts, official data showed on Wednesday. The core inflation rate, ...
Singapore prepared to grant 30-year licences for low-carbon power imports
Singapore is prepared to grant 30-year import licences to companies investing billions of dollars in low-carbon electricity projects, the head of its energy regulator said on Wednesday, in a move ...
Godavari Biorefineries IPO Day 1: GMP, subscription status, key dates, more. Should you subscribe or not?
Today marks the opening of the initial public offering for Godavari Biorefineries Ltd, a company specializing in ethanol and bio-based chemicals. The IPO begins today (Wednesday, October 23), and will ...