Tag: banking

A French prosecutor has called for British banking giant HSBC to stand trial for enabling French clients to hide more than 180 billion euros from the taxman, a source close to the probe said Thursday. The recommendation also names the former chief ... ( read original story ...)

HSBC and the Hong Kong Applied Science and Technology Research ... Hong Kong currently ranks only fifth as a global hub for fintech, behind London, Singapore, New York and Silicon Valley. Deloitte attributed Singapore’s recent rise to second place ... ( read original story ...)

Hong Kong/ Singapore: Standard Chartered Plc is over the worst of its challenges in India that led to loan writedowns and dragged on profit, according to the lender’s South Asia head. The London-based bank is now focusing on expanding its consumer and ... ( read original story ...)

The Singapore dollar loan-deposit ratios improved to 86.0% at ... aided by discounted scrip dividend schemes for DBS and UOB, slower risk-weighted asset growth and healthy internal capital generation. Fully-loaded CET1 ratios range from 12.4% to 13.5% ... ( read original story ...)

The Monetary Authority of Singapore, meanwhile, has stepped up its supervision of local institutions following anti-money laundering lapses at banks in the city linked to the troubled state investment fund 1Malaysia Development Bhd. OCBC hasn’t been ... ( read original story ...)

This article was originally on GET.com at: 4 Secret Spots In Singapore Your Kids Will Love Are you a parent who's running out of ideas where to take your kids on your family day out? For starters, nobody says you have to spend a bomb in order to let them ... ( read original story ...

Football giants Liverpool Football Club and major sponsor Standard Chartered are launching a new interactive tour that will take fans right into the club’s inner sanctum – and Singapore is the first stop. Titled LFC World, it is a totally immersive ... ( read original story ...)

Mr. Karpinski, who left Standard Chartered’s Singapore private-equity unit to become Maxpower’s CEO last year, will be replaced by Syamsurizal Munaf, a longtime executive in Indonesia’s oil-and-gas industry, a person familiar with the matter said. ( read original story ...)

“Productivity is a vital component of growth especially for when labor contribution to growth is declining, especially in advanced economies such as Singapore,” said David Mann, chief economist for Asia at Standard Chartered Plc. “Singapore has been ... ( read original story ...)

SINGAPORE - OCBC banking customers can now speak to their Apple iPhone to activate a fund transfer. This is possible with the roll out of a new mobile banking feature that takes advantage of Apple's Siri virtual assistant. Fund transfers can also be ... ( read original story ...)

SYDNEY/SINGAPORE (Reuters) - DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ. ( read original story ...)

SYDNEY/SINGAPORE (Reuters) - DBS Group plans to buy Australia and New Zealand Banking Group's wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat from Asia for ANZ. ( read original story ...)

HONG KONG (Reuters) - Singapore companies, highly exposed to slowing global trade and a lacklustre commodity market, face a financing scramble in 2017, as more than US$12 billion of their bonds falls due and banks grow wary of lending to the resources sector. ( read original story ...)

SINGAPORE: DBS Group said on Monday (Oct 31) it plans to buy Australia and New Zealand Banking Group's (ANZ) wealth and retail businesses in five Asian markets - part of a big private banking push for the Singapore lender and the first significant retreat ... ( read original story ...)

DBS will pay S$110 million ($79 million) above the book value of the businesses, which operate in Singapore, Hong Kong, China, Taiwan and Indonesia, the lender said in a stock-exchange statement. The deal will add S$23 billion of wealth assets to DBS’s ... ( read original story ...)

SINGAPORE - DBS Group Holdings, Singapore's biggest bank, reported on Monday (Oct 31) third-quarter profit that was little changed from a year ago as it announced it had agreed to buy Australia & New Zealand Banking Group's wealth and retail businesses in ... ( read original story ...)