Vizeum Singapore, Havas Media Singapore and incumbent Wavemaker Singapore are tipped to be shortlisted in OCBC Bank’s media pitch, Marketing understands. The move follows a recent media pitch called last month, which also involves the brand’s ... ( read original story ...)
Phishing scheme targeting POSB customers: DBS
SINGAPORE: DBS Bank warned on Thursday (May 3) of a phishing scheme targeting POSB Bank customers, mimicking the POSB Internet Banking login page. "Such phishing sites are designed to steal customer details, logins, PINs and OTPs in order to perform ... ( read original story ...)
UOB boosts pay by 14% as profits soar in the first quarter
https://news.efinancialcareers.com/sg-en/314225/dbs-jobs-q1-2018/ UOB may be the smallest of Singapore’s three local banks, but it’s just posted record quarterly profits of $978m for Q1 – a 21% rise from a year earlier. If you’re thinking of ... ( read original story ...)
Double-digit profit rise for UOB as loans, margins expand
For the first quarter ended March, UOB reported a 21% rise in net profit to 978 million Singapore dollars ($731.9 million). Wee described it as the strongest quarter ever. Total income rose 9% to S$2.23 billion due to growth in both net interest income and ... ( read original story ...)
Bank of Singapore is upbeat on its Middle East prospects after a sound start to 2018
Bank of Singapore is upbeat on its prospects in the Middle East. Competition in the region has been fierce, but the private banking arm of OCBC was growing faster than its competitors, said Vikram Malhotra, South Asia and Middle East global market head at ... ( read original story ...)
DBS Basks in Rates Glow
historically Singapore banks perform well when the monetary authority starts to tamp down the pace of economic activity. The three homegrown lenders – DBS, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. – are among the biggest gainers ... ( read original story ...)
Seven new things to know before you interview with Standard Chartered in Asia
What Standard Chartered’s Q1 results really tell us about jobs and careers at the firm in Singapore and Hong Kong. https://news.efinancialcareers.com/sg-en/314051/sought-after-asian-banking-jobs/ Standard Chartered has long been one of the most prolific ... ( read original story ...)
Singapore Has Just Become Asia’s Best-Performing Stock Market
There’s been lots of competition for the title of Asia’s best-performing stock market this year. Among the major equity indexes in the region, eight have climbed to records in the first four months alone. Today, Singapore’s Straits Times Index nudged ... ( read original story ...)
Singapore Just Edged Out Vietnam as Asia’s Top Stock Market
(Bloomberg) -- There’s been lots of competition for the title of Asia’s best-performing stock market this year. Among the major equity indexes in the region, eight have climbed to records in the first four months alone. Load Error Today, Singapore’s ... ( read original story ...)
Singapore Bank Lending Up 5.3%
Singapore’s total loans and advances including bills financing of Domestic Banking Units grew 5.36% year-on-year to a predicted 661.6 billion Singapore dollars (about US$500 billion) in March, according to data released by the Monetary Authority of ... ( read original story ...)
PM Lee’s May Day Speech: 3 Important Trends That Workers In The Banking Sector Should Know About
In his speech, PM Lee addressed challenges awaiting workers in Singapore. He also highlighted three examples of sectors which are transforming; transport, retail and logistics and banking. Being a financial media site, we were intrigued by what PM Lee ... ( read original story ...)
Singapore bank lending up 5.4% in March
Thanks to sustained demand for home and corporate loans. Bank lending in Singapore rose 5.4% YoY in March as sustained demand for home and corporate loans kept credit levels stable, according to data from the Monetary Authority of Singapore. Loans ... ( read original story ...)
CEO of Southeast Asia’s largest bank talks about what’s next after record quarter
Singapore-listed DBS, Southeast Asia's largest bank, reported a 26 percent year-on-year rise in first-quarter net profit to 1.52 billion Singapore dollars ($1.15 billion). Lending profitability is likely to improve further as interest rates in Asia move ... ( read original story ...)
Singapore’s bank lending rises 1.6 pct on-month in March
SINGAPORE, April 30 (Reuters) - Singapore’s total bank lending rose 1.6 percent in March from a month earlier as lending to financial institutions increased, central bank data showed on Monday. Loans and advances by domestic banking units in the city ... ( read original story ...)
Additional Support Expected For Singapore Stock Market
Ahead of Tuesday's Labor Day holiday, the Singapore stock market had bounced higher in consecutive trading days, collecting almost 45 points or 1.3 percent in that span. The Straits Times Index now rests just shy of the 3,610-point plateau, and it may ... ( read original story ...)
Is Singapore Exchange Limited (SGX:S68) A Great Dividend Stock?
... is high for Capital Markets stocks but still below the market’s top dividend payers. With these dividend metrics in mind, I definitely rank Singapore Exchange as a strong income stock, and is worth further research for anyone who considers dividends ... ( read original story ...)