Banking via chatbot: Citi launches new FB messenger service

SINGAPORE — Bank customers can look forward to conducting some of their banking transactions through an instant messaging service and social media. Citi Singapore yesterday announced the launch of Citi Bot, the bank’s new natural language chatbot on ... ( read original story ...)

Australian Firm Plans Singapore’s First Euro-Denominated IPO

An Australian real-estate company Friday started marketing Singapore’s first initial public offering of stock denominated in euros, hoping to attract investors seeking exposure to the strengthening currency. Cromwell European Real Estate Investment Trust ... ( read original story ...)

UOB now wants to hire from Google and Apple. Here’s why

UOB is hiring in Singapore, but it’s not just poaching people from rival banks – it wants talent from tech firms like Google and Apple. http://news.efinancialcareers.com/sg-en/223125/ten-job-interview-questions-that-singaporean-banks-are-bound-to-ask ... ( read original story ...)

A Peek at the Singapore Stock Market Today

The local stock market, as represented by the Straits Times Index (SGX: ^STI), ended the day at 3,228.06 points, inching down 4.41 points or 0.14%. Yangzijiang Shipbuilding Holdings Ltd (SGX: BS6) was the firm that lost the most ground today as it slipped ... ( read original story ...)

Citi launches Facebook Messenger chatbot in Singapore market

SINGAPORE (Sept 7): Citibank Singapore has launched the initial phase of its new natural-language chatbot, Citi Bot, on Facebook’s social media messaging platform, Messenger. It will be made available to some 600 Citi customers and employees in Singapore ... ( read original story ...)

OCBC staff commended for preventing Internet love scam

SINGAPORE: It was business as usual at OCBC's Tampines branch on Aug 30 until a 55-year-old man walked in, wanting to send S$17,100 overseas. The money, which was to be remitted to a person in Malaysia, was for an "anti-terrorism certificate" so that a ... ( read original story ...)

American Real-Estate Firm Plans $500 Million Singapore IPO

SINGAPORE—KBS Realty Advisors LLC, an American real-estate investment firm, is planning to raise about $500 million via a Singapore initial public offering of some of its U.S. office assets, according to people familiar with the matter. The Newport Beach ... ( read original story ...)

South Africa’s ARC Investments’ IPO oversubscribed

ARC said last month it would sell shares worth 4 billion rand ($309 million) in an IPO that values the company at 8.5 billion rand, with about 25 percent sold to three cornerstone investors, including Singapore’s GIC Pte Ltd . The company, which said it ... ( read original story ...)

DBS gets RBInod to set up local subsidiary

Mumbai: The Singapore-headquartered DBS Bank has received an in-principle approval from the Reserve Bank of India (RBI) to convert its Indian branch into a wholly owned subsidiary. While this will enable the bank to freely expand across the country like ... ( read original story ...)

DBS wins approval to operate wholly-owned subsidiary in India

MUMBAI: Singapore's biggest lender DBS Group Holdings has won the Reserve Bank of India's approval to provide banking services in the country through a wholly-owned subsidiary, its CEO said on Monday (Sep 4). Piyush Gupta said the bank expects to move to ... ( read original story ...)

Bank of Singapore growing fast thanks to Hong Kong

The Bank of Singapore, the private banking arm of OCBC, has experienced rapid growth by aggressively expanding its presence in Hong Kong and other cities in Greater China. “Greater China has been the main driver of our growth,” the bank’s chief ... ( read original story ...)