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Tag: banking

Posted on 11/06/2024

From $354m to $382b: S’pore holding company grows as an active global investor

AT age 33, she took whatever work she could find, from repairing gunny sacks used to transport rice to cleaning the offices on Pulau Bukom, an offshore petrochemicals site. Read more at The Business ...

Posted on 11/06/2024

How Singapore-China business matchmaking and green finance initiatives facilitate trade and collaborations

Through green financing solutions, innovative partnerships, this finance platform promotes cross-border trade and supports companies to achieve ESG objectives Read more at straitstimes.com.

Posted on 10/06/2024

Singapore Banks Probe Rich Clients After Laundering Case

Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...

Posted on 10/06/2024

Top 20 Singapore-listed China-related stocks generate median total returns of 8.4% year-to-date

THE top 20 China-related stocks listed on the Singapore Exchange (SGX) generated median total returns of 8.4 per cent year-to-date, SGX market strategist Geoff Howie said in a market update on June 10 ...

Posted on 10/06/2024

Singapore banks probe rich clients after $2.2 billion money laundering case

Lenders aim to close loopholes used by criminals to launder $2.2b through Singapore banks Singapore’s government set up an inter-ministerial committee to review its anti-money laundering regime and ...

Posted on 10/06/2024

S$3 billion anti-money laundering bust wraps up with 10th and final individual jailed

IT WAS a whirlwind anti-money laundering bust involving billions of dollars that took Singapore by storm. Read more at The Business Times.

Posted on 10/06/2024

Standard Chartered opens global investment management group

In Singapore, Standard Chartered Bank has launched its inaugural variable capital company (VCC). The bank is able to provide a number of funds to provide its clients with exclusive access to ...

Posted on 10/06/2024

StanChart Launches New Investment Company for High-Net-Worth Clients

Standard Chartered Bank has created a new investment company in Singapore called Standard Chartered Funds VCC (SC Fund).

Posted on 10/06/2024

Ixigo IPO opens today: Check issue size, price band, GMP

Ixigo raised Rs 333 crore from anchor investors, including Nomura, Morgan Stanley, 3P India Equity Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund, the Government of Singapore, and Tata Investment ...

Posted on 10/06/2024

StanChart sets up first global fund management entity in S’pore to serve high-net-worth clients

SINGAPORE – Standard Chartered Bank has set up its first variable capital company (VCC) in Singapore to cater to affluent clients globally. The Standard Chartered Funds VCC, or the SC Fund, is a new ...

Posted on 10/06/2024

Singapore banks probe rich clients after S$3bil money laundering case

SINGAPORE: Citigroup, DBS Group Holdings and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid ...

Posted on 10/06/2024

Ixigo IPO opens for subscription: What GMP signals ahead of issue launch

Le Travenues Technology, which operates travel booking platform Ixigo, raised about ₹333 crore from anchor investors where Nomura, Morgan Stanley, Government of Singapore, 3P India Equity Fund, and ...

Posted on 10/06/2024

Standard Chartered sets up first global fund management entity in Singapore

The new entity will enable the bank to launch funds, allowing its clients exclusive access to unique investment strategies.

Posted on 10/06/2024

Standard Chartered seeks to grow international banking business; targets double-digit growth for affluent client base

The account threshold for the bank’s international clients will be kept consistent with its consumer banking business.

Posted on 10/06/2024

Ixigo IPO opens for subscription today: All you need to know before subscribing to the issue

T he initial public offer (IPO) of Le Travenues Technology- that operates travel platform Ixigo- opens for subscription today (June 10). Ahead of the issue opening, the company's shares-which are ...

Posted on 10/06/2024

4 Singapore Stocks Plunging to 52-Week Lows: Are They a Screaming Buy?

Here are four Singapore stocks that fell to their year-lows that could ... However, because of higher finance costs incurred as borrowings were refinanced in a higher interest rate environment, ...

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