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Tag: banking

Posted on 10/09/2025

CIMB Singapore CEO Victor Lee resigns, starts gardening leave; CFO Andrew Boey steps in as officer-in-charge

SINGAPORE: CIMB Singapore CEO and Growth Markets CEO Victor Lee Meng Teck has resigned to pursue other opportunities, with his gardening leave effective the same day the bank announced his resignation ...

Posted on 10/09/2025

POSB offers 2% interest rate to NSFs – The Straits Times

Full-time national servicemen, or NSFs, can now enjoy an interest rate of 2 per cent per annum under a new POSB scheme. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/09/2025

Unauthorized withdrawals hit DBS, POSB bank customers

update Singapore bank investigating how some 200 customers lost about S$200,000 in unauthorized withdrawals that allegedly took place in neighboring Malaysia.

Posted on 10/09/2025

Singapore rolls out video-enabled ATMs so you can chat with a teller …

Singapore's national bank just started rolling out the country's first-ever video conference based teller machines, where you can talk to a live teller via video chat.

Posted on 10/09/2025

DBS Back as Most Valuable Southeast Asian Listed Company

SINGAPORE--Shares of DBS Group closed at a record high on Wednesday, making Singapore's largest lender by assets the most-valuable listed company in Southeast Asia once again. The stock closed 3.6% ...

Posted on 10/09/2025

Singapore’s best broker 2025: Maybank Securities Singapore

Maybank Securities Singapore (MSSG) has established itself as Singapore’s leading broker through a combination of strategic expansion, digital innovation and client-centric service.

Posted on 10/09/2025

‘Why is this here?’: The banks, law firms and hotels in Singapore buying local art

Treasures reside in the offices of companies like UBS, UOB and WongPartnership. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/09/2025

S’pore bag brand Aupen trademark on IPOS register still valid, faces potential opposition in US

Aupen, popular among A-list celebrities in the U.S., was founded in 2022 by former Singapore national swimmer and model Nicholas Tan. IPOS, a statutory board that manages trademark registrations in ...

Posted on 10/09/2025

Urban Company IPO subscribed 23% in early hours of Day 1, GMP at 35%: Should you subscribe?

The Urban Company IPO, priced at Rs 98–103 per share, comprises a fresh issue of Rs 472 crore and an offer-for-sale (OFS) of Rs 1,428 crore by existing investors. The subscription window closes on ...

Posted on 10/09/2025

MetaOptics Ltd IPO Receives Strong Support from a broad range of Investors

MetaOptics Ltd (the Company, together with its subsidiary, the Group), a cutting-edge vertically integrated designer and manufacturer of meta optics components and products headquartered in Singapore, ...

Posted on 10/09/2025

Urban Company IPO GMP jumps 28% as subscription opens tomorrow

Urban Company, a tech-driven online services marketplace, experienced a 34% surge in its grey market premium (GMP) ahead of its initial public offering (IPO).

Posted on 10/09/2025

CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub

[SINGAPORE] Victor Lee has resigned from his roles as chief executive officer of CIMB Singapore and chief executive of growth markets, parent company CIMB Group announced on Tuesday (Sep 9). His ...

Posted on 10/09/2025

Still ‘more things to be done’ to reap synergies across OCBC: CEO-designate Tan Teck Long

SINGAPORE] OCBC’s incoming chief executive wants to continue building on the bank’s cross-selling and integration strategy. Read more at The Business Times.

Posted on 10/09/2025

$1.3B Loan Bombshell: UOB Trapped in Hong Kong’s Luxury Property Meltdown

UOB's $1.3 billion exposure to Shimao Group's luxury Beacon Peak development in Hong Kong is starting to look more like a liability than ...

Posted on 10/09/2025

CIMB Singapore CEO Victor Lee resigns, placed on gardening leave

Bank says it will announce successors in due course; CFO to take charge in interim. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/09/2025

Singapore secures $655m to fund green, sustainable projects in South-east and South Asia

In 2023, MAS launched Financing Asia’s Transition Partnership, a national climate finance initiative. Read more at straitstimes.com. Read more at straitstimes.com.

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