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Tag: banking

Posted on 09/07/2024

Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue?

The trio of Singapore banks have hit all-time highs recently but can their run continue? The post Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue? appeared first ...

Posted on 09/07/2024

Singapore AML law responds to high concern over bank fraud, biometrics theft

The demand for stronger cybersecurity measures is high in Singapore, with seventy-four percent of consumers expressing concern.

Posted on 09/07/2024

Six Singapore-based SFOs linked to S$3B money laundering scandal

It was found that six single-family offices (SFOs) were connected to the scandal involving individuals or their spouses

Posted on 09/07/2024

Valuation for ThaiBev’s subsidiary tender offer ‘on the high side’, says DBS

As at Dec 6, 2023, which is the latest record date for Sermsuk’s shareholders, ThaiBev’s indirect wholly owned subsidiary, So Water, holds 171.95 million shares in Sermsuk, or a 64.67% stake.

Posted on 08/07/2024

More misses than hits for Singapore firms that listed in the US in H1

EVEN as many initial public offering (IPO) aspirants seek to list in the US, the recent experience of some Singapore companies has been less than positive. Read more at The Business Times.

Posted on 08/07/2024

Singapore Investment Guide: Top Methods To Grow Your Wealth In 2024

This guide explores the top methods for investing in Singapore, backed by expert insights from the Kilde investment platform.

Posted on 08/07/2024

Singapore investors flock to US market as they eye higher investment returns

Moomoo Singapore unveils crypto trading at MooFest 2024 SINGAPORE, /PRNewswire/ -- Investors in Singapore are increasingly allocating more to the US market, according to data from Moomoo Financial ...

Posted on 08/07/2024

Singapore companies listed in US struggle post H1 IPO

EVEN as many initial public offering (IPO) aspirants seek to list in the US, the recent experience of some Singapore companies has been less than positive. Read more at The Business Times.

Posted on 08/07/2024

Singapore Money Laundering Scandal: Single-Family Offices Linked to Major Money Laundering Case

Singapore, renowned for its robust financial sector and stringent regulatory framework, has been thrust into its largest-ever money laundering scandal, involving six single-family offices (SFOs) and a ...

Posted on 08/07/2024

OCBC launches first comprehensive financial and personal wellness programme

The programme designed for the 35,000 property agents currently in Singapore, is valued at up to $5,000 a year per agent.

Posted on 08/07/2024

HKMA fines DBS S$1.7M for repeated anti-money laundering failures

SINGAPORE: The Hong Kong Monetary Authority (HKMA) has fined the local arm of Singapore’s DBS Bank HK$10 million (approx. S$1.7 million) for repeated failures in anti-money laundering (AML) and ...

Posted on 08/07/2024

Citigroup Cuts 500 Jobs in Singapore as Part of Global Strategy

Citigroup Inc. has laid off about 500 employees as part of a global restructuring effort and now has about 8,000 employees.

Posted on 08/07/2024

Singapore shares open lower on Monday—STI fell by 0.2%

SINGAPORE: Singapore shares opened lower on Monday, July 8, continuing the decline from the previous... The post Singapore shares open lower on Monday—STI fell by 0.2% appeared first on The Independen ...

Posted on 08/07/2024

Singapore FinTech Festival 2024 to take place from 6-8 November, spotlight on artificial intelligence and quantum technology

Elevandi, and Constellar, in collaboration with The Association of Banks in Singapore, SFF 2024 will examine the transformative potential of artificial intelligence (AI) and quantum computing in ...

Posted on 08/07/2024

Citibank Singapore downsized staff by 500 jobs

SINGAPORE: Citigroup’s workforce in Singapore has decreased by 500 people. Last October, the US investment bank and financial services company employed 8,500 full-time and contract staff, which has ...

Posted on 08/07/2024

Unlock Your Future Income: 3 Top Singapore REITs to Consider Now

Despite facing the challenge of higher operating expenses and increasing borrowing costs, these three well-managed REITs have demonstrated commendable performance. The post Unlock Your Future Income: ...

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