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Tag: banking

Posted on 20/06/2025

Why Choose Singapore REITs? 3 Must-Know Advantages

Here are some key advantages that REITs have over owning physical investment property. The post Why Choose Singapore REITs? 3 Must-Know Advantages appeared first on The Smart Investor.

Posted on 20/06/2025

HSBC names Ishan Sarkar as head of WPS, Singapore

He is tasked with driving a differentiated wealth strategy for Singapore. HSBC has appointed Ishan Sarkar as the new head of Wealth and Premier Solutions (WPS), Singapore. He is tasked with driving a ...

Posted on 20/06/2025

HSBC names new Head of Wealth and Premier Solutions for Singapore

SINGAPORE] HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s new head of wealth and premier solutions (WPS). Read more at The Business Times.

Posted on 20/06/2025

DBS expects economic value from its use of AI to exceed $1 billion in 2025

DBS showcased its internal generative AI chatbot which helps staff with content generation and writing tasks. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 20/06/2025

Singapore family offices pivot investment amid global volatility

SINGAPORE: Family offices (FOs) worldwide, including those based in Singapore, are set to diversify their investment portfolios. This is according to the 2025 Global Family Office Survey by US ...

Posted on 20/06/2025

80 job cuts at Standard Chartered Singapore ‘likely just the start’ amid push to return US$1.5B to shareholders

SINGAPORE: Standard Chartered has laid off 80 staff members in Singapore, mainly from its technology and operations teams, which are being offshored to India, according to eFinancialCareers. Sources ...

Posted on 20/06/2025

Singapore ranks 2nd most ‘investing-obsessed’ country globally

SINGAPORE: Singapore has been ranked the second most “investing-obsessed” country in the world, according to forex broker BrokerChooser. The study examined global search volumes of investment-related ...

Posted on 19/06/2025

DBS expects the economic value from its use of AI to exceed S$1 billion in 2025

SINGAPORE] Banks are ramping up their use of artificial intelligence (AI), and DBS – which has earned S$750 million through its use of the technology – estimates that its economic value could surpass ...

Posted on 19/06/2025

Australia, Singapore, Kenya most curious on investing; India ranks 13th

Australia tops global investment curiosity, but India ranks 13th with rising stock and crypto interest, as young investors drive online searches for wealth tools ...

Posted on 19/06/2025

Singapore market review ‘very much needed’; slow IPOs due to valuations, says UOB Kay Hian’s Adrian Loh

We think that the EQDP is very timely, and — if I were to be blunt — perhaps a bit late in the game given some of the other initiatives that have been put in place by other regional bourses." ...

Posted on 19/06/2025

UOB Becomes Direct Participant in China’s Cross-Border Payment System

UOB and its subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS) ...

Posted on 19/06/2025

European, North Asian companies also eyeing the potential of JSSEZ: UOB banker

SINGAPORE] The Johor-Singapore special economic zone (JSSEZ) is drawing interest from companies not just from Singapore, but also from Europe and North Asia. Read more at The Business Times.

Posted on 19/06/2025

DBS sets bold target to double down on Australian loans within 5 years

Tan cited AirTrunk as a case in point; a data centre operator and DBS client, which made waves in 2024 when it was purchased by a Blackstone-led consortium for A$24 billion. “AirTrunk is a great case ...

Posted on 19/06/2025

Potential IPO candidates keep their options open

Jefferies event on May 16, several possible IPO candidates, including familiar names to local consumers like Carousell and Shopback, were put under the media spotlight.

Posted on 19/06/2025

14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO Shares

You’ll be amazed at how much wealth you would have created just by holding on to Sheng Siong’s shares over the years. The post 14 Years of Sheng Siong: How Much You Gained Investing in 1,000 IPO ...

Posted on 19/06/2025

‘No major surprises’ at OCBC and $2.5 bil capital return plan ‘intact’: RHB

The bank has noticed “some cautiousness” among wealth management customers in 2Q2025 so far, says RHB. “But, on the flipside, this means OCBC’s clients are not highly leveraged.” ...

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