SINGAPORE - A direct sales officer at Citibank worked with a syndicate to dupe the bank into giving over $127,000 in loans to eight applicants who had submitted items including fake income ...
OCBC CEO Helen Wong’s 2022 pay reaches $11.2 million, behind other local bank chiefs
SINGAPORE – OCBC Bank group chief executive Helen Wong was paid $11.2 million in 2022, behind the remuneration of other local bank CEOs. This comes after OCBC reported a net profit of $1.3 billion for ...
Singapore’s DBS has seen inflows in SVB aftermath, CEO says
SINGAPORE, March 31 (Reuters) - DBS Group, Singapore's largest bank, has benefited from inflows amounting to a "few hundred millions" in the aftermath of the collapse of Silicon Valley Bank, its chief ...
Can Singapore revive the stock market from its sick bed?
SINGAPORE – For years, American investor Jim Rogers has been looking to buy and hold Singapore stocks that are cheap, unique and possess exciting growth prospects. The pickings have been lean. Mr ...
DBS apologises for ‘embarrassing’ service disruption, sets up special committee to look into incident
Chief executive Piyush Gupta said the disruptions, the second time in 16 months, has been “sobering” for DBS. Read more at straitstimes.com.
UOB lowers Vietnam’s 2023 GDP growth forecast to 6%
The Singapore-based United Overseas Bank (UOB) has just lowered its forecast for Vietnam's GDP growth to 6% from to previous 6.6%.
OCBC, DBS and NUS recognised for prioritising mental health in the workplace
SINGAPORE – Two banks, an elevator company and a university were among those awarded for their efforts in prioritising mental wellbeing in the workplace at the inaugural WorkWell Leaders Awards on ...
People are just finding out what HSBC stands for and even their customers have no idea
[sic] While a third shared: “Why did I think HSBC was a British bank.” And a fourth added: “I thought it was Singapore all this time not Shanghai”.
DBS chairman, CEO apologise for service disruption; special committee set up to investigate outage
SINGAPORE: DBS has set up a special board committee to investigate the recent disruption to its digital services. DBS chairman Peter Seah revealed this at an annual general meeting on Friday (Mar 31), ...
Malaysia-Singapore cross-border QR payment: Everything you need to know
Malaysian banks and financial services that you can use while in Singapore include: Meanwhile, Singaporeans who travel across the straits to Malaysia will be able to pay via DuitNow QR as long as they ...
DBS sets up special board committee to investigate service outage
SINGAPORE: DBS has set up a special board committee to investigate the recent disruption to its digital services. DBS chairman Peter Seah revealed this at an annual general meeting on Friday (Mar 31), ...
DBS apologises for ’embarrassing’ service outage that MAS found unacceptable
SINGAPORE – DBS Bank has apologised to its shareholders and customers for disruptions to its digital banking services. Singapore’s largest bank said during its annual general meeting (AGM) on Friday ...
‘First world nation, third world services’ — Singaporeans react to DBS/POSB 12+ hours service outage
SINGAPORE: Netizens are simply not having it after DBS Bank’s DBS/POSB service outage that lasted over 12 hours. According to recent news, DBS Bank’s online and mobile DBS/POSB digibank services were ...
Singapore’s GIC to invest in Bain-owned Japanese HR software developer
TOKYO, March 30 (Reuters) - Singapore sovereign wealth fund GIC will invest in WHI Holdings (WHI) to jointly own its operating company Works Human Intelligence with private equity firm Bain Capital.
Singapore Shares Poised To Bounce Higher Again On Friday
(RTTNews) - The Singapore stock market on Thursday halted the three-day winning streak in which it had gathered almost 50 points or 1.6 percent. The Straits Times Index now rests just beneath the ...
Nifty to top 17100 or will the index extend losses? Check 8 things to know before market opens
On the Singapore Exchange ... the F&O sector when they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that ...