SINGAPORE - The overall number of initial public offerings (IPOs) - domestic and cross-border - by Singapore issuers was up in the first six months of this year, with 12 listings raising US$459 million or 78 per cent more year on year, a report said. ( read original story ...)
Live more, Bank less: DBS, now 50, wants to (again) disrupt how S’poreans approach banking
At that time, its primary function was to finance Singapore’s industrialisation and urban development. And according to Piyush, DBS was a disruptor in the banking industry when they first began. Photo of DBS building (1980s), from NAS. Since 1968 ... ( read original story ...)
The seven best jobs at HSBC in Hong Kong, according to John Flint
HSBC’s Private Bank and Retail Banking and Wealth Management unit is primed for expansion, especially in Hong Kong, Singapore and mainland China, markets where the firm already has an “established presence”. While most of the growth will be in wealth ... ( read original story ...)
Wolters Kluwer Survey Shows Singapore’s Bankers Concerned Over MAS 610
The survey asked more than 50 compliance, risk, finance and IT professionals at more than 25 banks in Singapore for their views on key challenges they face. The scope of new proposals in the Monetary Authority of Singapore’s overhaul of the MAS 610 ... ( read original story ...)
FWD Insurance partners DBS to launch e-claims payments via PayNow
PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore, DBS/POSB, HSBC, Maybank, OCBC, Standard Chartered Bank, and United Overseas Bank. To receive payments via PayNow, FWD ... ( read original story ...)
Singapore IPOs lag Asian peers as homegrown companies rush to list abroad
Cross-border listings ballooned 300% in value compared to domestic flotations which surged 64%. With a growing number of Singapore companies choosing to list abroad, the number of cross-border listings ballooned 300% in terms of volume and 166% in terms of ... ( read original story ...)
Singapore Market Expected To Remain Rangebound
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had gathered more than 55 points or 1.6 percent. The Straits Times Index now rests ... ( read original story ...)