DBS Group Holdings Ltd., led by CEO Piyush Gupta for over 13 years, faces the challenge of finding a successor who can maintain the bank's success and emulate Gupta's leadership. The bank's recent ...
Singapore’s Crypto Firms Have to Keep Customer Funds in a Statutory Trust: MAS
Singapore’s top financial regulator issued a notice on 3rd July ordering crypto service providers in the region to transfer all user funds to a statutory trust before the end of the year. The decision ...
Payments start-up Nium opens headquarters in S’pore, eyes IPO in 2 years
The company also said it plans to grow its Singapore headcount from 90 employees now to 300. Read more at straitstimes.com.
Payments start-up Nium unveils new headquarters in S’pore, eyes IPO in 2 years
The company also said it plans to grow its Singapore headcount from 90 employees now to 300. Read more at straitstimes.com.
Standard Chartered Bank’s head of corporate affairs, brand and marketing for SG steps down
Sharon Lee, Standard Chartered Bank's head of corporate affairs, brand and marketing for Singapore, has stepped down from her position after just over two years in the role and a total of 12 years ...
StanChart Singapore launches mass-affluent miles card
Rewards points accumulated with the card do not expire. Standard Chartered Bank Singapore has unveiled the Journey Credit Card, the bank’s first mass-affluent miles card. Aimed to address both the ...
SGX: Do Analysts See High Gains or Big Pain in UOB Shares?
The movement in shares of SGX-listed United Overseas Bank (SG:U11) has been muted since its first-quarter update in late April. Despite a ...
Singapore banks foster growth, boost employee well-being
In terms of tally count, the top five banks in order would have started with OCBC, DBS Bank, UOB, Citi Singapore, and Standard Chartered. However, in the case of Citi Singapore and Standard Chartered, ...
Singapore’s bank OCBC to deliver $2.2 bln extra revenue by 2025
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record ...
Singapore names Lawrence Wong as chairman of the central bank
The Monetary Authority of Singapore named the country's deputy prime minister and finance minister Lawrence Wong as chairman of its board of directors until 2026. Singapore's Minister for Trade and ...
Citi ULTIMA Partners the MICHELIN Guide Singapore for a Second Year Running to Offer Premium Dining Experiences to its Cardmembers
Citi ULT/MA is the MICHELIN Guide Singapore's official bank partner; Cardmembers can look forward to a series of exclusive chef-curated dinners by local MICHELIN ...
Singapore’s star banker Piyush Gupta creates succession dilemma for DBS
Singapore’s gross domestic product per capita ... One early decision was to beef up transaction banking, a combination of cash management and trade finance that Gupta knew well from his time at Citi.
Investing in digital economies: How investors can diversify their portfolios and ride the tech wave in South-east Asia and India
Apple, which makes most of its products in China, is rapidly expanding production in India and Vietnam and it may soon add Thailand as a manufacturing base. Read more at The Business Times.
BRIEFS: Hong Kong, Singapore spearhead ESG integration in Asian private equity
Mark Uhrynuk, a partner at Mayer Brown, says regulators in Hong Kong and Singapore are spearheading this transformation in the approach expected to reshape the PE industry. “Many Asia-based PE ...
Asia-Pacific Strategic Investments’ acquisition of MoneySmart falls through
ASIA-PACIFIC Strategic Investments (APS) will no longer acquire Catapult Ventures, which owns personal financial marketplace MoneySmart. Read more at The Business Times.
Singapore Airlines drops most in over a year after block sale
The proportion of analysts who have a sell rating on the shares has increased to 39% this month from May's 25%.