SINGAPORE--United Overseas Bank Ltd. (U11.SG) said Tuesday it plans to issue 750 million Singapore dollars (US$528 million) of subordinated notes due for maturity in 2029. The issuance will be part of the lender's S$15 billion euro medium-term note program ... ( read original story ...)
GOVT Singapore bolsters team post OCBC account win
The second senior account handler hired for OCBC Bank is senior account director Jaslyn Lam, most recently from Saatchi & Saatchi Singapore, where she led the global and regional management of P&G brand, Pampers. Prior to Saatchi & Saatchi, Lam had stints ... ( read original story ...)
Japan’s Largest Bank is Testing Digitized Checks on a Blockchain in Singapore
The Bank of Tokyo-Mitsubishi UFJ, Japan’s largest bank, has chosen blockchain technology as the core infrastructure toward testing the digitization of checks using Singapore’s Fintech-friendly regulatory sandbox installed by the country’s central ... ( read original story ...)
Hungry Singaporeans Make Eating Profitable as Restaurants Rally
(Bloomberg) -- As Singapore’s stock market continues to rally, an often overlooked sector is getting a boost. The city-state’s listed restaurants have outperformed regional and global peers as dining out drives shares higher. These companies may be ... ( read original story ...)
What Happened In The World Of Finance Over The Past Week
First, there’s the possible introduction of dual class share structures for companies listed in Singapore’s stock market. Then, we’d move on to the latest growth numbers for Singapore’s economy. A possible introduction of dual share classes in ... ( read original story ...)
Is this the worst ETF of all time?
A popular ETF-like investment is designed to protect against portfolio losses in the event of a stock market crash. But most investors have no idea that holding this Exchange Traded Note (ETN) is likely to cost them more money than any market crash ever could. ( read original story ...)
Singapore budget: Wary of ‘deep shifts' in global environment, focusing on building local capabilities
Presenting the annual budget statement in Parliament on Monday, Finance Minister Heng Swee Keat said Singapore must take "decisive action" to position the country amid such "deep shifts" in the global economic environment. Outlining the government's ... ( read original story ...)