HSBC Singapore becomes a ‘direct life insurer’

According to guidelines issued by the Monetary Authority of Singapore (Mas), a Tier 1 insurer is defined as a direct life or composite insurer with total assets of at least S$5bn (£2.8bn, $3.6bn, €3.3bn), that is subject to higher corporate ... ( read original story ...)

How DBS manages to keep tech cost down

It has been insourcing people. DBS Group Holdings Ltd (SGX: D05) is going digital and the results are beginning to show. For 2016, DBS Group’s total income was $11.5 billion, an increase of 6% year on year. Interestingly, profit before allowances grew at ... ( read original story ...)

HSBC Insurance becomes Tier-1 insurer

HSBC Insurance (Singapore) has become a Tier-1 insurer under the Monetary Authority of Singapore. This means it has met certain requirements: A direct life or composite insurer with total assets of at least $5 billion. Tier-1 insurers are subject to higher ... ( read original story ...)

Standard Chartered has been poaching from ANZ in Singapore

As ANZ cuts back, Standard Chartered has bolstered its structured finance team in Singapore. http://news.efinancialcareers.com/au-en/278365/launched-singapore-private-equity-firm-aged-26/ Standard Chartered has been hiring for its structured finance team ... ( read original story ...)

Singapore Market May See Renewed Selling Pressure

(RTTNews.com) - The Singapore stock market bounced higher again on Friday, one session after it had ended the two-day winning streak in which it had advanced almost 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,175-point ... ( read original story ...)

These Are Some of The Cheapest Stocks in Singapore Currently

I have a habit of looking at how cheap or expensive the stock market is at the start of every month. One way I do so is to determine the number of net-net stocks there are in Singapore’s market. A net-net stock is a stock with a market capitalisation ... ( read original story ...)