Han Kwee Juan, Chief Executive Officer of Citibank Singapore, said, “To be the best bank for our customers, we need to keep ourselves at the forefront of innovation and constantly find ways to exceed their evolving expectations. As our customers become ... ( 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 ...)
Why The UOB One Card Is Still Singapore’s Most Generous Rebate Card
In the realm of credit cards that offer cash rebates as an incentive, few cards have stood the test of the time as well as the UOB One Credit Card has. Cards from other banks have been heavily revamped, renamed, rebranded, but few have actually held on to ... ( read original story ...)
Israel forges financial links with Switzerland, Singapore, Hong Kong
The Israel Securities Authority is promoting dual listing in Hong Kong and Singapore. The Ministry of Finance today stated, "Israel and Switzerland have signed a letter of understanding for extensive cooperation in the financial services sector." ( 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 ...)
Singapore’s DBS wins RBI approval to start subsidiary banking operation
MUMBAI (Reuters) - 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. Piyush Gupta said the bank expects to move ... ( 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 ...)
Singapore parents pump $96k into kids’ education, rank 3rd globally in survey
Mr Anurag Mathur, who heads retail banking and wealth management at HSBC Bank (Singapore), said: "Singapore millennial parents are investing both their time and money to help their children get the best start in life and, for many, that means an overseas ... ( read original story ...)
Divesting from fossil fuels will take time: DBS sustainability chief
Mikkel Bilyk Larsen, managing director, group head of tax and accounting policy, DBS, and co-chair of the company’s newly formed sustainability council, was asked at the United Nations’ Global Compact Network Singapore event how the company could ... ( read original story ...)
IPOS partners with Deloitte to strengthen Singapore’s IP position
The Intellectual Property Office of Singapore (IPOS) and Deloitte have signed a memorandum of understanding (MoU) to work together on solidifying Singapore’s position as an IP and innovation hub. The MoU combines IPOS’s knowledge in IP with Deloitte ... ( read original story ...)
SK Infosec’s Official MSS Launching in Singapore
SK Infosec officially announced it has recently signed partnership contract with Equinix Singapore and would launch its Managed ... Infosec to expand its MSS business abroad. Here at Fintech Finance, we work with renowned executives in the industry ... ( read original story ...)
Interview: Singapore must look to fintech, China for growth
Minister of Finance sees opportunities in Belt and Road Initiative SINGAPORE The banking sector of Singapore must embrace fintech and other innovations as the financial industry changes due to disruptive forces, said Heng Swee Keat, the city-state's ... ( read original story ...)
Citi MaxiGain Savings Account – Is It Worth Signing Up For?
Citibank Singapore is offering a savings account with higher interest that differs from your other “higher interest” savings / current accounts like the OCBC 360 or the UOB Account. You don’t have to credit your salary or spend a certain sum in your ... ( read original story ...)