The Swiss lender is undergoing a sweeping overhaul, seeking to shave 2.5 billion francs (S$3.63 billion) off its cost base. Read more at straitstimes.com.
Singapore gunman who shot woman in robbery jailed after 32 years on the run
One of Singapore’s most wanted fugitives, who spent more than 30 years on the run after shooting a woman here in a robbery, was sentenced to 18 years’ jail on Tuesday (Nov 15) for a series of firearm ...
Xi’s crackdowns forcing Chinese tycoons to shift to Singapore: Report
Chinese President Xi Jinping’s drive for “common prosperity” means entrepreneurs -- who once embraced Deng Xiaoping’s maxim that to get rich is glorious -- are flocking to more welcoming places like ...
Singapore shipyard eyes 2024 IPO
Singapore shipbuilder Strategic Marine has announced plans to list in 2024. Speaking with The Straits Times, chief executive Chan Eng Yew said proceeds would go to expand production capacity at its ...
Sai Silks gets Sebi nod to float IPO; eyes to raise up to Rs 1,200-crore
The IPO comprises fresh issue of equity shares worth Rs 600 crore and an offer-for-sale of up to 18,048,440 equity shares by promoters and promoter group entities, according to the draft red herring ...
KFin Tech gets SEBI nod to raise ₹2,400 cr via IPO
The capital market regulator, SEBI, has approved ₹2,400 crore initial public issue of KFin Technologies, one of the largest investor solutions provider to mutual funds, based on number of AMC clients ...
Credit Suisse cuts senior bank jobs in Asia, including Singapore, as overhaul begins
The Swiss lender is undergoing a sweeping overhaul, seeking to shave 2.5 billion francs (S$3.63 billion) off its cost base. Read more at straitstimes.com.
Singapore’s UOB bucks trend to seek FRTB model approval
And yet, as Singapore prepares to implement the Basel Committee on Banking Supervision’s Fundamental Review of the Trading Book (FRTB) during 2024, UOB is set to become the first Singaporean bank to ...
DBS, OCBC raise fixed home loan rates to up to 4.3%: What home buyers need to know
This comes after HSBC raised the fixed rates for its 2-year and 3-year home loan packages to 4.25% on Nov 8. Read more at straitstimes.com.
DBS, OCBC raise interest rates for fixed home loans to up to 4.3%
DBS, Singapore’s largest lender, has four fixed rate packages available, ranging from two years to five years. All four are set at 4.25 per cent per year. OCBC one-year and two-year fixed rate ...
NEF Latest: Citadel’s Griffin on FTX; Singapore Exchange Chief
US-China talks and the global outlook dominated discussions at the Bloomberg New Economy Forum in Singapore on Tuesday, where Chinese Vice President Wang Qishan said his country will keep opening up ...
Amazon Singapore to kick off the holiday season with thousands of deals and first-ever Amazon.sg House event during Black Friday
Tis' the season for early holiday shopping with thousands of deals starting Friday, November 25, including deep discounts of up to 75% on deals and promotions (T&Cs apply). Amazon Singapore is hosting ...
Xi’s crackdowns drive Chinese billionaires to booming Singapore
One of the hottest wine bars for Chinese billionaires isn’t atop a Shanghai office tower or within a Beijing courtyard house. It’s in a modest black-and-white bungalow next to a six-lane thruway in ...
Singapore Home Sales Slump to Lowest Since April 2020 on Curbs
Singapore home sales dropped to the lowest since April 2020 as fresh property curbs soured residents’ typically strong buying appetite. ( read original story ...)
Piyush Gupta might be banking’s boldest boss
Buying bits of a bank is complex at the best of times. When it involves one of the planet’s most highly charged territorial disputes, it takes a truly daring chief executive to take the plunge. Piyush ...
HSBC Singapore opens new HQ
The new office will house 4,000 employees. HSBC Singapore has officially opened its new head office at Marina Bay Financial Centre Tower 2. The 140,000 square feet office is located on the top floors ...