AirAsia will seek approval at the next AirAsia India board meeting to pick a banker to start a preliminary process for an IPO. SINGAPORE: Malaysia-based AirAsia Bhd is considering an initial public offering for its Indian unit and seeking a partner for its ... ( read original story ...)
Singapore has declared 2018 the year of climate action—so why are its banks still funding coal?
The Sydney-based financial green group has shared exclusive data with Eco-Business that shows that DBS Bank, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB)—Singapore’s big three banks—have provided loans to 21 coal power ... ( read original story ...)
Singapore fund made a killing in these 24 D-Street stocks
Singapore-based fund managed Akash Prakash has a similar success story to tell. Interestingly, he made money on familiar names in the domestic stock market. Ranked among the top 20 fund managers in Asia by Asia Money in 1999, Akash Prakash's fund ... ( read original story ...)
Safra Sarasin Singapore Head Exits
The Brazilian-Swiss firm has lost the head of its Singapore office after less than two years. The departure is a setback for the private bank's expansion efforts in Asia. But Maissen's experience and expertise is in Asia: he spent several years in ... ( read original story ...)
State Bank of Mauritius gets banking license in India; Woori, PPF in queue
The bank, along with DBS of Singapore, had received preliminary approval several months ago. It has now received the final banking license on Dec 6, banking sources confirmed. Mauritius, despite being a tiny Island nation in the Indian ocean, has extensive ... ( read original story ...)
Credit Suisse boosts Asia investment team with two Singapore-based strategists
SINGAPORE - Credit Suisse has hired Eddy Loh as senior investment strategist and Julian Wee as investment strategist to beef up its Asia team. A former executive director with the Bank of Singapore, Mr Loh joined Credit Suisse last month and will be ... ( read original story ...)
Here’s why Deutsche Bank favours Singapore banks over Hong Kong’s
SINGAPORE (Jan 9): Deutsche Bank Markets Research says the increasing strength from Singapore banks’ private and consumer banking businesses is giving them the edge over other US dollar-leveraged markets such as Hong Kong. “Between Hong Kong and ... ( read original story ...)
Total funds raised via IPO skyrocketed to a four-year high
Amount doubled to $4.7b versus 2016's $2.3m. The year 2017 ended with a good showing for the Singapore Exchange (SGX), with total funds raised through Initial Public Offerings (IPOs) being the highest in the past four years. PwC’s Equity Capital Markets ... ( read original story ...)
What you need to know about your future finance job in Singapore
The skills you need to survive and thrive in Singapore banking and finance are changing rapidly. Here’s how to get your career ready for the future. Professor Benedict Koh (Associate Dean of Postgraduate Finance Programmes at Singapore Management ... ( read original story ...)
Singapore bank shares remain favorites as rates rise
DBS Bank said in a report it expects Sibor to rise to 2.15% by the end of 2018, giving a further lift to bank earnings. Credit Suisse, which has an overweight rating on Singapore banks, said the consensus of analysts is for earnings growth of 14.7% for the ... ( read original story ...)
HSBC further strengthens core retail banking and wealth management team
HSBC Singapore has announced the expansion of its core retail banking and wealth management team with four new appointments, all of which are newly created roles. The expansion reflects HSBC Singapore’s commitment to growing its retail banking and wealth ... ( read original story ...)
Higher Open Predicted For Singapore Stock Market
The Singapore stock market has moved higher in six straight sessions, surging more than 120 points or 3.5 percent in that span. The Straits Times Index now rests just above the 3,500-point plateau and it's poised to extend its winning streak again on Friday. ( read original story ...)
Another senior Singapore banking professional lands a top job at Google
Google has recruited a leading Singapore banking professional, its second big hire from the local finance sector in just two months. https://news.efinancialcareers.com/sg-en/288353/southeastasia-tech-unicorns-hire-bankers/ Aman Narain, one of Asia’s most ... ( read original story ...)
OCBC Bank launches one-stop home advisory portal
SINGAPORE - Home buyers can now get advice and recommendations at an advisory portal set up by OCBC Bank - the first such online service launched by a Singapore bank. At the OCBC OneAdvisor Home portal, buyers can find out the types of property they can ... ( read original story ...)
Indian-origin banker named central bank governor of the year for Asia-Pacific
An Indian-origin banker in Singapore has been named as the best central bank governor in Asia-Pacific for 2018, a media report said on Thursday. Ravi Menon, managing director of Singapore’s central bank Monetary Authority of Singapore (MAS), was ... ( read original story ...)
Completely New To Finance? Here Are 20 Singapore Websites That You Should Visit First
MoneySmart has been around the block for a really long time and is one of the pioneers of the Singapore personal finance website scene. Because of that, their website contains a wealth of information on almost anything you could want to learn. By covering ... ( read original story ...)