Sturzenegger, the only Swiss banker thus far to be charged over 1MDB, now faces the daunting task of restoring his reputation in Switzerland, where 1MDB rocked the banking sector nearly as much as in Singapore. The few remaining staff that Falcon maintains ... ( read original story ...)
HSBC bullish on PH growth, neutral on equities market
Among regional emerging markets, HSBC has an “overweight” rating on China, India and Singapore, which means it recommends increasing exposure to these markets relative to the benchmark index. Last year, Philippine corporate earnings had an ... ( read original story ...)
DBS’s Hong Kong bank keeping an eye on its China exposure
HONG KONG -- Like its peers here, the Hong Kong arm of Singapore's DBS Group Holdings has reaped increasing benefits from its mainland China-related business in the past several years. However, Hong Kong banks' rising reliance on the second largest economy ... ( read original story ...)
Ex-Falcon Asia Head Back Home After Jail Sentence in Singapore
Falcon Private Bank was wiped out in Singapore: it paid a S$4.3 million fine before it was shut down for serious lapses in spotting 1MDB money being laundered. Singapore's regulator pinpointed improper conduct by senior management both locally as well as ... ( read original story ...)
Singapore Consumer Stocks Are Hot
Consumer staples have lagged the broader Singapore stock market this year after finishing at the top of the podium in 2016. But a handful of consumer stocks have far outperformed the 9% gain averaged by the sector this year. SGX strategist Geoff Howie ... ( read original story ...)
The highest paying investment banking internships in Singapore
Prepared to be shocked by how much they earn. http://news.efinancialcareers.com/sg-en/286672/singapore-commercial-banking/ Summer interns should, in theory, be focused on one thing as they play at being bankers: nailing down a full-time job offer for the ... ( read original story ...)
UOB inks deals to boost Singapore-China links
It was signed on the back of strong trade and investment flows. UOB signed two Memoranda of Understanding (MOUs) aimed at boosting cross-border opportunities between Singapore and China. The deals include one with Shanghai-based infrastructure construction ... ( read original story ...)