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Tag: banking

Posted on 16/05/2026

JustCo targets S$100 million mainboard IPO to expand into existing and new markets

The GIC-backed company is set to be the second to list on the SGX mainboard this year Read more at The Business Times.

Posted on 16/05/2026

Singapore banks fight for bigger slice of wealth management pie

In a world of low interest rates and stiffer banking regulations on capital, the wealth management business has become more than just a source of diversification for banks.

Posted on 16/05/2026

Not mandatory for most investors to seek advice for complex products like investment-linked policies

Most retail investors can now opt in or out of financial advice for complex products, with enhanced disclosures for informed decisions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2026

Standard Chartered, Singapore Gulf Bank Deepen Cross-Border Clearing Ties

Standard Chartered, Singapore Gulf Bank Deepen Cross-Border Clearing Ties. Standard Chartered forges clearing relationship with Singapore Gulf Bank to smooth ME-Asia paymentsStandard Chartered has est ...

Posted on 16/05/2026

Singapore Airlines defends its decision to invest in loss-making Air India: ‘We know the market and how difficult it feels’

SIA reported a 57.4% drop in FY2025 net income to $927 million. Profits were partially eroded by losses from the airline's investment in Air India.

Posted on 15/05/2026

HSBC drags feet on US$4 bil private credit investment effort

HSBC conducted a review of the US$400 million provision and is updating its risk appetite, chairman Brendan Nelson said at the bank’s annual general meeting earlier this month.

Posted on 15/05/2026

Singapore Airlines investment in Air India is a long game : CEO Goh Choon Phong

Singapore Airlines CEO emphasizes long-term commitment to Air India despite recent profit decline and challenges impacting performance.

Posted on 15/05/2026

GIC-backed JustCo aims to raise $100 mil from IPO to fund expansions

GIC-backed co-working operator JustCo is seeking to raise gross proceeds of $100 million and net proceeds of $92.2 million at 94 cents per share in an initial public offering (IPO) on SGX.

Posted on 15/05/2026

Meet the biggest winners of Bursa’s IPO boom

What do Singapore’s sovereign wealth fund GIC, the husband-and-wife team behind 99 Speed Mart, the founding brothers of Mr DIY, and private equity firm Creador have in common?

Posted on 15/05/2026

Singapore’s OCBC to add 30-50 Hong Kong-based relationship managers in 2026

By Selena Li HONG KONG, May 15 (Reuters) - Oversea-Chinese Banking Corp, Singapore's second-largest bank, plans to add 30 to 50 relationship managers in Hong Kong in 2026, a more than 30% increase, as ...

Posted on 15/05/2026

OCBC Hong Kong to lift RM headcount by 30% as revenue heads for double-digit growth

The franchise is ‘most likely’ able to meet its target of becoming a top-10 bank in Hong Kong by 2030, says Greater China head Read more at The Business Times.

Posted on 15/05/2026

OCBC Plans to Add Up to 50 Wealth Bankers in Hong Kong This Year

Oversea-Chinese Banking Corp. plans to expand its wealth-management staff in Hong Kong by 30% this year in response to growing clients’ demand for investments and financing.

Posted on 15/05/2026

OCBC Hong Kong wants to grow wealth income by fivefold from 2023 levels

Josephine Lee, OCBC Hong Kong’s head of consumer financial services says the bank is looking to hire an additional 30 to 50 relationship managers this year.

Posted on 15/05/2026

CDL, DBS launch S$300 million green loan to advance nature-based solutions in Singapore

It will be used for general corporate funding and working capital purposes, among others Read more at The Business Times.

Posted on 15/05/2026

IHH, DBS sign $194 million loan for safer antibiotic use

IHH Healthcare has signed a S$250 ​million ($196 million) sustainability-linked loan with ‌Singapore's biggest bank DBS that ties part of the ​deal to better use ​of antibiotics at its ⁠four Singapore ...

Posted on 15/05/2026

Investing what-ifs: Conducting a scenario analysis

Whether investors are practically investing or trying to understand the concept of risk and return, they should attempt to account for as many probabilities as possible.

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