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Tag: banking

Posted on 12/03/2026

Allianz, Sun Life said to weigh bids for HSBC Life Singapore — Bloomberg

Allianz SE and Sun Life Financial Inc are considering bids for HSBC Holdings Plc’s insurance unit in Singapore, according to people familiar with the matter, after the bank announced a review of it.

Posted on 12/03/2026

Bridge Data Centres plans major investment with global partners to strengthen Singapore’s position as Asia Pacific’s leading AI hub

Strategic Investment of S$3-5 billion in Singapore to advance AI-ready data centre developments, supporting over 2 GW of AI-ready capacity globally, and driving technological innovation with ...

Posted on 12/03/2026

Bridge Data plans up to $5 bil AI investment in Singapore

The Bain Capital-backed company, which aims to deliver as much as three gigawatts of global capacity by 2030, is developing AI infrastructure technologies in partnership with several firms.

Posted on 12/03/2026

How To Generate Passive Income From Singapore Stocks (And Why It Goes Beyond Dividend Yield)

Dividends paid by Singapore companies are tax‑exempt and buying and holding Singapore stocks in SGD don't incur currency conversion costs.

Posted on 12/03/2026

Allianz, Sun Life are said to weigh bids for HSBC Life Singapore

Considerations are ongoing and the companies might decide not to proceed, while other bidders could also emerge, according to sources Read more at The Business Times.

Posted on 12/03/2026

Allianz, Sun Life Financial Reportedly In Tussle for HSBC HOLDINGS’ Singapore Insurance Biz

HSBC HOLDINGS (00005.HK) announced a strategic review of its Singapore insurance business, with Allianz, Sun Life Financial, Dai-ichi Life Holdings,Inc. (8750.JP), and Nippon Life Insurance weighing ...

Posted on 12/03/2026

Allianz, Sun Life weigh bids for HSBC Singapore insurance business, Bloomberg News reports

March 12 (Reuters) - Allianz SE and Sun Life Financial are considering bids for HSBC's Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on ...

Posted on 12/03/2026

UI Boustead REIT Raises $764M in Singapore’s Largest IPO So Far This Year

UI Boustead REIT has raised around 973.6 million Singapore dollars, equivalent to US$764 million, in Singapore's largest initial-public offering year-to-date. The real-estate investment trust IPO was ...

Posted on 12/03/2026

RHB bullish on DBS, OCBC, but expects more volatility in banking sector amid geopolitical tensions

For UOB, there could still be ‘lingering concerns’ over its asset quality and provision buffers Read more at The Business Times.

Posted on 12/03/2026

IPO of UI Boustead REIT is 3.3 times subscribed

The international placement tranche comprises of 643,275,200 units, were being offered to institutional and other accredited investors, was 3.3 times subscribed.

Posted on 11/03/2026

ComfortDelGro to invest over $200m in driving education; new CCK driving centre to use AI in tests

Technology will allow for "more objective and independent training” at the new driving centre, CDG said. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/03/2026

AI ‘godfather’ raises $1.3 billion for start-up with Singapore as key base

Yann LeCun, an AI pioneer, raises $1.3 billion for AMI Labs with Singapore as a key base. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 11/03/2026

Standard Chartered to expand private banking team in Singapore – report

This decision follows increased scrutiny on Chinese financial flows after money-laundering cases involving Chinese nationals.

Posted on 10/03/2026

IPO-bound DayOne to build SG’s first bio data centre with Australia’s Cortical Labs

Initial deployment will involve a single rack of 20 Cortical Cloud units at NUS, with a view to expanding to a full-scale DayOne commercial data centre in Singapore. The partners envision a phased ...

Posted on 10/03/2026

OCBC sees regional transaction banking growth outpacing Singapore, senior executive says

Transaction banking revenue is currently split about 60:40 between domestic and regional markets Read more at The Business Times.

Posted on 10/03/2026

IPO-bound Flipkart shifts domicile from Singapore to India

The Walmart-owned unveiled plans in April 2025 to shift its headquarters back to India, a move that was approved by a court in Singapore in September. By December, the company had secured approval ...

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