Singapore's top lender, DBS Group Holdings, on Tuesday reported better than expected first quarter earnings even as banks in the city state continue grappling with a troubled oil and gas services sector. The bank said first quarter net profit rose to 1.21 ... ( read original story ...)
DBS reports steady first-quarter net profit, wealth management outperforms
SINGAPORE DBS Group Holdings Ltd, Singapore's biggest lender, beat market expectations by reporting stable quarterly profit on Tuesday, underpinned by a record performance in its wealth management business. Chief Executive Piyush Gupta has rapidly expanded ... ( read original story ...)
'Unbridled Greed' Behind DBS Private-Wealth Dispute, Says Judge
Singapore’s DBS Group Holdings Ltd. lost part of a case over losses on millions of dollars of investments for the family trust of a wealthy Chinese banker and his wife during the global financial crisis. The plaintiffs were Industrial & Commercial Bank ... ( read original story ...)
FARE DEAL: Premium Economy to Singapore From Several US Cities $1197 Roundtrip With Easy Upgrade to Business
American Express, Citibank, Chase, and other banks are advertising partners ... and cash back (and currencies that can be converted into the same). Via Julian Mark Kheel Singapore Airlines is running a fantastic sale on premium economy roundtrips (think ... ( read original story ...)
Best credit cards in Singapore with frequent flyer miles for international flights, hotel booking, shopping deals and more
Redeem flights from international airlines such as Singapore Airlines, Qantas, Jetstar, as well as hotels and more with miles earned when spending locally or aboard with these credit cards from UOB, DBS, Citibank, ANZ and OCBC Want to know the best ways to ... ( read original story ...)
DBS reports steady Q1 net profit at S$1.831 billion, wealth management outperforms
SINGAPORE — DBS Group Holdings Ltd , Singapore's biggest lender, beat market expectations by reporting stable quarterly profit on Tuesday (May 2), underpinned by a record performance in its wealth management business. Chief Executive Piyush Gupta has ... ( read original story ...)
Swiss Finance Minister: Singapore and Switzerland Must Cooperate in FinTech
The Swiss Finance Minister recently said that as Singapore and Switzerland are not fintech competitors it is important to have a good working relationship between the two countries. Speaking to Channel NewsAsia, Swiss Finance Minister Ueli Maurer, said ... ( read original story ...)
Swiss Finance Minister: Singapore and Switzerland Must Corporate in FinTech
The Swiss Finance Minister recently said that as Singapore and Switzerland are not fintech competitors it is important to have a good working relationship between the two countries. Speaking to Channel NewsAsia, Swiss Finance Minister Ueli Maurer, said ... ( read original story ...)
Standard Chartered Singapore Marathon Gets Under Armour as the New Apparel Sponsor and a New Name
The Standard Chartered Singapore Marathon (SCSM) today announced its bid to join six of the largest and most renowned marathons in the world - London, Berlin, New York, Chicago, Tokyo and Boston - as an Abbott World Marathon Majors (WMM) event. The ... ( read original story ...)
OCBC not sure worst of oil and gas NPL woes over
SINGAPORE: OCBC tackled concerns over bad loans, high expenses and dividends at its annual general meeting (AGM) on Friday. More than 1,200 shareholders attended the AGM at the Sands Expo and Convention Centre, where several asked if the bank was past the ... ( read original story ...)
OCBC faces shareholders questions on NPLs, executive pay at AGM
SINGAPORE - OCBC faced questions on asset quality outlook and rising costs at its latest annual general meeting on Friday (Apr 28). All three Singapore banks were impacted by their non-performing loan (NPL) exposure to the oil and gas sector. This remained ... ( read original story ...)
Singapore's UOB shares up after earnings beat expectations
Shares of Singapore banks led gains in the city state's benchmark index Friday after United Overseas Bank (UOB) reported better than expected first quarter earnings. In a pre-market filing to the Singapore Exchange, UOB said its first quarter net profit ... ( read original story ...)
Customers in short supply at HSBC's Pearl River Delta branches, core of China plan
The (China) strategy should be pursued – but it is only one of many strategies for HSBC," said Hugh Young, Singapore-based fund manager at Aberdeen Asset Management, HSBC's 6th-largest shareholder. And what figures the bank has disclosed for 2016 are ... ( read original story ...)
Empty Pearl River Delta branches a check on HSBC's China plan
The (China) strategy should be pursued – but it is only one of many strategies for HSBC," said Hugh Young, Singapore-based fund manager at Aberdeen Asset Management, HSBC's 6th-largest shareholder. And what figures the bank has disclosed for 2016 are ... ( read original story ...)
Standard Chartered Marathon bids to join World Marathon Majors
SINGAPORE: The Standard Chartered Singapore Marathon (SCSM) announced its bid to join six of the largest and most renowned marathons in the world as an Abbott World Marathon Majors (WMM) event on Thursday (Apr 27). The WMM, which started in 2006 ... ( read original story ...)
Singapore Stock Market May Run Out Of Steam
The Singapore stock market has finished higher in five consecutive trading days, climbing more than 45 points or 1.5 percent along the way. The Straits Times Index now rests just beneath the 3,175-point plateau although the market is ripe for profit taking ... ( read original story ...)