SINGAPORE -- Southeast Asia's largest lender by assets, DBS Group Holdings, is fighting to demonstrate the results of its digital banking reform after last year's severe disruptions, which drew ...
Singapore Central Bank Names Transport Minister Chee to Board
The Monetary Authority of Singapore has appointed Transport Minister Chee Hong Tat as a board member from June 1, broadening his experience in the finance industry. The central bank also reappointed ...
Singapore Stock Market May Open In The Red
Ahead of Wednesday's Labor Day holiday, the Singapore stock market had moved higher in back-to-back sessions, collecting more than a ...
OCBC completes acquisition of PT Bank Commonwealth
Oversea-Chinese Banking Corporation’s (OCBC) Indonesian subsidiary, PT Bank OCBC NISP Tbk (OCBC Indonesia), has completed the acquisition of PT Bank Commonwealth Indonesia on May 1.
5 Singapore Stocks Paying Out Dividends in May
Here are five stocks that will be dishing out dividends in May. The post 5 Singapore Stocks Paying Out Dividends in May appeared first on The Smart Investor.
DBS sees net profit rising this year after Q1 beats forecasts
Singapore's biggest bank DBS Group expects its net profit to grow this year, it said on Thursday, after posting a 15% rise in first quarter net profit that beat expectations, driven by strong total ...
DBS Q1 profit up 15% to $2.95 billion on higher fee income, dividend of 54 cents declared
Its quarterly fee income crossed $1 billion for the first time, rising 23 per cent from a year ago Read more at straitstimes.com.
HSBC SVNS League winners to be decided in Singapore
The Singapore National Stadium will play host to the much-anticipated seventh and final regular season round of the HSBC SVNS 2024 from 3-5 May, ...
Singapore bank DBS’ first-quarter net profit rises 15% on year to record high
DBS Group , Singapore's biggest bank, posted on Thursday a 15% rise in net profit in the first quarter to a record high of S$2.96 billion ($2.18 billion) from a year earlier, driven by strong total ...
Curb on DBS’ non-essential banking activities ends
The Monetary Authority of Singapore (MAS) has said it will not extend a six-month restriction on DBS Bank’s non-essential banking activities past April 30.
More than S$370,000 recovered after banks, Singapore and Hong Kong police foil scam
The 70-year-old victim divulged his bank credentials to a scammer after being told his computer had been hacked and his bank accounts were used for illegal activities.
HSBC’s Noel Quinn ends 37-year CEO dream with surprise departure
Unlike some rival CEOs at companies that have private jets, Quinn often flies commercial for his regular trips.
MAS will not extend six-month pause on DBS’ non-essential activities
SINGAPORE: The Monetary Authority of Singapore (MAS) will not extend the six-month pause on non-essential activities that it imposed on DBS after the bank's multiple service disruptions in 2023.
OCBC should be seen as ‘financial conglomerate’ unlike local banking peers, says chairman
OCBC should be seen as a financial conglomerate of many parts, setting it apart from the other two local banks in Singapore, said its chairman Andrew Lee. Read more at The Business Times.
DBS must still hold additional capital buffer due to service disruptions despite ‘progress’: MAS
SINGAPORE - The Monetary Authority of Singapore (MAS) will not extend a six-month restriction on DBS Bank’s non-essential banking activities, which was imposed due to disruptions to the bank’s ...
Amid losses and IPO delays, Ninja Van conducts layoffs in tech office
Regional logistics firm Ninja Van has announced a bout of layoffs. It has let go of 21 employees from its tech division in Singapore, representing about 10% of the regional tech team and 20% of the ...