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Category: FINANCE

Posted on 10/06/2024

Ixigo IPO opens today: Check issue size, price band, GMP

Ixigo raised Rs 333 crore from anchor investors, including Nomura, Morgan Stanley, 3P India Equity Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund, the Government of Singapore, and Tata Investment ...

Posted on 10/06/2024

StanChart sets up first global fund management entity in S’pore to serve high-net-worth clients

SINGAPORE – Standard Chartered Bank has set up its first variable capital company (VCC) in Singapore to cater to affluent clients globally. The Standard Chartered Funds VCC, or the SC Fund, is a new ...

Posted on 10/06/2024

Singapore banks probe rich clients after S$3bil money laundering case

SINGAPORE: Citigroup, DBS Group Holdings and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...

Posted on 10/06/2024

Ixigo IPO opens for subscription: What GMP signals ahead of issue launch

Le Travenues Technology, which operates travel booking platform Ixigo, raised about ₹333 crore from anchor investors where Nomura, Morgan Stanley, Government of Singapore, 3P India Equity Fund, and ...

Posted on 10/06/2024

Standard Chartered sets up first global fund management entity in Singapore

The new entity will enable the bank to launch funds, allowing its clients exclusive access to unique investment strategies.

Posted on 10/06/2024

Standard Chartered seeks to grow international banking business; targets double-digit growth for affluent client base

The account threshold for the bank’s international clients will be kept consistent with its consumer banking business.

Posted on 10/06/2024

Ixigo IPO opens for subscription today: All you need to know before subscribing to the issue

T he initial public offer (IPO) of Le Travenues Technology- that operates travel platform Ixigo- opens for subscription today (June 10). Ahead of the issue opening, the company's shares-which are ...

Posted on 10/06/2024

4 Singapore Stocks Plunging to 52-Week Lows: Are They a Screaming Buy?

Here are four Singapore stocks that fell to their year-lows that could ... However, because of higher finance costs incurred as borrowings were refinanced in a higher interest rate environment, ...

Posted on 10/06/2024

Singapore banks probe rich clients after $3 billion money laundering case

SINGAPORE - Citigroup, DBS Group Holdings and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...

Posted on 10/06/2024

Singapore Banks Probe Rich Clients After Money-Laundering Case

(Bloomberg) -- Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential ...

Posted on 10/06/2024

The banks that hold most money in Singapore largest laundering scandal

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion ...

Posted on 10/06/2024

OCBC going bigger on tech as it looks to support Chinese firms doing business with Asean

The bank will be hiring 300 highly-skilled software engineers in China over the next three years. Read more at straitstimes.com.

Posted on 09/06/2024

Best credit card promotions in Singapore (June to July 2024): Citibank, DBS, HSBC, UOB, and more

Even if you don't see any item you want, some welcome gifts are just straight up cold, hard cash! But which are the best credit card promotions in Singapore? Here are our top picks from Citibank, ...

Posted on 09/06/2024

“I have an unrealised stock loss of S$13K. How do I re-start my investment journey?” — SG Man

SINGAPORE: A Singaporean man recently shared online that his unrealized losses have now hit $13,000. Posting on r/singaporefi, he revealed that he bought the stocks between August 2020 and December ...

Posted on 09/06/2024

Ixigo IPO opens tomorrow. What GMP signals ahead of subscription?

Before its initial public offering (IPO) set to open for subscription on Monday, Le Travenues Technology, the company behind the travel platform Ixigo, is seeing its shares trade at a premium of Rs 25 ...

Posted on 09/06/2024

Get ready to cash in: Watch out for these 5 Singapore stocks paying out dividends in June!

SINGAPORE: If you’re looking to supplement your active income or build a retirement fund, then dividends can be a crucial component of your investment strategy. For income investors eyeing ...

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