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 ...)
Singapore, Malaysia stocks gain tracking weak dollar, US stocks
RHB Research Analyst Leng Seng Choon said while further upside for banking stocks may be limited after their 2017 rally, the impact of the interest rate up-cycle on earnings remains a positive. Singapore Exchange rose 0.4%. According to a report by PwC ... ( read original story ...)
Venture Corporation Ltd Will Become A Blue Chip Stock Very Soon: How Would Warren Buffett’s Investing Mentor See The Company?
In Singapore’s stock market, the term “blue chips” are used to refer to the 30 components of the market barometer, the Straits Times Index (SGX: ^STI). Although the late Graham may not be very well-known to the general public, he’s a bona-fide ... ( read original story ...)
OCBC Bank Launches One-Stop Advisory Service For Property Purchase
Well, we have heard you and invite you to visit the OCBC OneAdvisor Home portal. OCBC Bank is the first bank in Singapore to launch an online advisory service that brings together everything that both first-time home buyers as well as seasoned investors ... ( read original story ...)