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Tag: banking

Posted on 21/08/2024

MAS: Former HSBC banker banned for 1 year for not telling HSBC he was under police investigation when he applied for the job

SINGAPORE: The Monetary Authority of Singapore (MAS) has issued a one-year prohibition order against a... The post MAS: Former HSBC banker banned for 1 year for not telling HSBC he was under police in ...

Posted on 21/08/2024

More than 300 OCBC bank accounts linked to scammers frozen by police, $1.8 million seized

SINGAPORE - More than 300 OCBC bank accounts with suspected links to scam-related activities were frozen by the authorities, with more than $1.8 million seized. The police, in a statement on Aug 20, ...

Posted on 20/08/2024

Singapore shares up with market bullish ahead of inflation data, Fed chief’s speech

SINGAPORE - Singapore stocks extended their rally on Aug 20 as investors eagerly await the Republic’s July inflation data and US Federal Reserve chair Jerome Powell’s keynote speech on Aug 23.

Posted on 20/08/2024

Market bullish ahead of inflation data, Powell’s speech; STI up 0.4% on Tuesday

SINGAPORE stocks extended rally on Tuesday (Aug 20) as investors await eagerly the Republic’s July inflation data and Federal Reserve chair Jerome Powell’s keynote speech. Read more at The Business ...

Posted on 20/08/2024

Lessons to grow the local stock market from fantasyland’s Great Eastern-Income Insurance union

Fears of a hard landing for the US economy sent stock markets in the US, Europe and Asia, including Singapore, plunging in early August. Read more at The Business Times.

Posted on 20/08/2024

4 Singapore Companies Reporting Higher Revenue and Profits: Can Their Share Prices Rise?

These four businesses are steadily growing both their top and bottom lines. Will their share prices rise in tandem with their good results? The post 4 Singapore Companies Reporting Higher Revenue and ...

Posted on 20/08/2024

Jail for five linked to housing loan scam; bank duped into disbursing over S$5.1mil

SINGAPORE: A group of people worked together on a ruse which led to Maybank being duped into disbursing mortgage loans totalling more than $5.1 million in relation to the sale of two houses.

Posted on 20/08/2024

Standard Chartered shakes up transaction banking leadership team

Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore.

Posted on 20/08/2024

Marine Parade hawker places record S$10K bid for stall as she believes it’s a worthwhile investment, but other hawkers disagree

SINGAPORE: A hawker has made a bold move that’s turning heads across Singapore. Ms Yang... The post Marine Parade hawker places record S$10K bid for stall as she believes it’s a worthwhile investment, ...

Posted on 20/08/2024

Jail for 5 men linked to housing loan scam; bank duped into disbursing over $5.1m

The ruse was linked to two properties - one in Saraca Terrace and another in Woodgrove Walk. Read more at straitstimes.com.

Posted on 20/08/2024

Better macro and interest environment to encourage allocations into S-REITs in 2HFY2024, DBS names top picks

In the 1HFY2024, S-REITs saw lacklustre dividend per unit (DPU) growth, with a sector-wide 7% y-o-y and 5% h-o-h drop in DPUs mainly due to erosion from higher interest costs.

Posted on 20/08/2024

StanChart makes three executive changes in Europe, Asia transaction banking business

Asia-focussed lender Standard Chartered (StanChart) announced three senior executive changes in its transaction banking business on Tuesday. Ankur Kanwar will lead StanChart's transaction banking ...

Posted on 20/08/2024

Singapore bans ex-HSBC banker for a year over disclosure breach

(Bloomberg) — The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police ...

Posted on 20/08/2024

Standard Chartered announces senior appointments to its Transaction Banking leadership

Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore. Sofia succeeds Kai Fehr, who has decided to move back to his home ...

Posted on 20/08/2024

Forrester’s 2024 Singapore Customer Experience Index: Financial Services Brands Lack Competitive Differentiation

Singapore Customer Experience Index (CX Index™) annual study, conducted across the banking, investment, and home and auto insurance industries, the average CX quality of the brands is merely "OK". The ...

Posted on 20/08/2024

Top SGX Dividend Stocks Including DBS Group Holdings And 2 Others

Name Dividend Yield Dividend Rating BRC Asia (SGX:BEC) 7.34% Bumitama Agri (SGX:P8Z) 6.83% China Sunsine Chemical Holdings (SGX:QES) 6.33% Overview: DBS Group Holdings Ltd provides commercial banking ...

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