Validus, a Singapore-based digital lending platform for small and medium businesses, has secured $50 million in debt financing from HSBC under the ASEAN Growth Fund strategy. Validus will use the ...
UOB leverages AI for data-centric approach to optimising portfolio allocation
UOB, possibly Singapore’s first local bank to use artificial intelligence (AI) and big data analytics to allocate capital in its corporate banking division, is looking to expand its portfolio ...
HSBC Singapore names James Coyle as independent non-exec director
Coyle had previously served on the boards of HSBC UK and HSBC Trust. HSBC Singapore appointed James “Jim” Coyle as independent non-executive director of its board, effective 1 September 2024. Coyle ...
India, Singapore to sign pact on semiconductors during PM Modi’s visit
Investment will be another key focus of the visit. Singapore has been invited by the Indian government to invest in 12 industrial parks announced last week. The Lion City, known for being the ...
HSBC exit makes Matos one of Europe’s most sought-after bankers
As HSBC Holdings’s top executives queued up in July to publicly welcome the installation of Georges Elhedery as the bank’s next chief executive officer, one prominent voice was notably absent from the ...
Top Fixed Deposit Rates in Singapore offer 3.50% yield – Higher than T-Bills after this week’s auction (Sep 2024)
Top Fixed Deposit Rates in Singapore offer 3.50% yield – Higher than T-Bills after this week’s auction (Sep 2024) ...
Singapore banks lead advanced Asia in sustainable financing policies: report
SINGAPORE banks have the most detailed and ambitious decarbonisation policies among advanced economies in Asia, according to a recent report by sustainability-focused consulting company Asia Research ...
OCBC internet, mobile banking restored after some users face disruption
OCBC apologised for the inconvenience caused and advised customers who had difficulties using their services earlier on to log in again.
OCBC internet, mobile banking down for some users
The bank says its internet and mobile banking services are "progressively being restored", adding that no customer data has been compromised.
Singapore Paincare Holdings Full Year 2024 Earnings: EPS: S$0.012 (vs S$0.003 loss in FY 2023)
Be aware that Singapore Paincare Holdings is showing 4 warning signs in our investment analysis and 2 of those make us uncomfortable... Have feedback on this article? Concerned about the content? Get ...
India OKs Singapore Airlines investment for Air India-Vistara merger
Singapore Airlines has received Indian government approval for foreign direct investment allowing it to merge Vistara into Air India ...
Hong Kong electronics firm PC Partner eyes new home base, secondary listing in Singapore
Setting up a new headquarters in Singapore and a secondary listing in the city state form part of PC Partner’s expansion into Southeast Asia.
Validus Adds $50 Million from HSBC for Online Lending to MSMEs
Validus is reporting new capital from HSBC in the amount of USD $50 million. The funds will be utilized to provide online lending for micro, small, and medium ...
UOB’s Wee on driving the business through values and culture
Had Wee Ee Cheong, the deputy chairman and chief executive officer of United Overseas Bank Ltd (UOB), not followed in the footsteps of his father and grandfather, he likely would have been a doctor ...
Strong turnout of over 50,000 runners expected at StanChart Marathon
THERE are still three months to go until the flag off for this year’s Standard Chartered Singapore Marathon (SCSM), and all signs point to the annual event being yet another – pun intended – runaway ...
DBS consumer banking head Jeremy Soo to succeed UOB’s Susan Hwee as Nets chair
NETWORK for Electronic Transers (Nets) has appointed Jeremy Soo, DBS’ head of consumer banking and managing director, as its chairman, effective Sunday (Sep 1). Read more at The Business Times.