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Tag: banking

Posted on 10/06/2024

Singapore Banks Probe Rich Clients After Money-Laundering Case

(Bloomberg) -- 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 ...

Posted on 10/06/2024

The banks that hold most money in Singapore largest laundering scandal

In a Singapore courtroom on Friday, the last of those arrested for their involvement in the nation’s biggest laundering case pleaded guilty, paving the way for the next steps in the S$3 billion ...

Posted on 10/06/2024

OCBC going bigger on tech as it looks to support Chinese firms doing business with Asean

The bank will be hiring 300 highly-skilled software engineers in China over the next three years. Read more at straitstimes.com.

Posted on 09/06/2024

Best credit card promotions in Singapore (June to July 2024): Citibank, DBS, HSBC, UOB, and more

Even if you don't see any item you want, some welcome gifts are just straight up cold, hard cash! But which are the best credit card promotions in Singapore? Here are our top picks from Citibank, ...

Posted on 09/06/2024

“I have an unrealised stock loss of S$13K. How do I re-start my investment journey?” — SG Man

SINGAPORE: A Singaporean man recently shared online that his unrealized losses have now hit $13,000. Posting on r/singaporefi, he revealed that he bought the stocks between August 2020 and December ...

Posted on 09/06/2024

Ixigo IPO opens tomorrow. What GMP signals ahead of subscription?

Before its initial public offering (IPO) set to open for subscription on Monday, Le Travenues Technology, the company behind the travel platform Ixigo, is seeing its shares trade at a premium of Rs 25 ...

Posted on 09/06/2024

Get ready to cash in: Watch out for these 5 Singapore stocks paying out dividends in June!

SINGAPORE: If you’re looking to supplement your active income or build a retirement fund, then dividends can be a crucial component of your investment strategy. For income investors eyeing ...

Posted on 09/06/2024

Best fixed deposit rates in Singapore for June 2024

SINGAPORE: With a fixed deposit in a bank account, you don’t need much money to... The post Best fixed deposit rates in Singapore for June 2024 appeared first on The Independent Singapore News - Lates ...

Posted on 09/06/2024

Me & My Money: Engineering grad turned finance professional believes in investing for the long run

SINGAPORE - Ms Amy Cho, who graduated with an engineering degree, found that while she loves to figure out how things work, it was financial markets that drew her interest.

Posted on 09/06/2024

$3b money laundering case: 10 convicted, 17 on the run; police are after the rest

The Commercial Affairs Department is also sharing information with their foreign counterparts. Read more at straitstimes.com.

Posted on 08/06/2024

IPO: Ixigo’s Parent Company Raises Rs 333 Crore From Anchor Investors Ahead Of Maiden Offer

The firm, based out of Gurgaon, allotted 3.58 crore equity shares to 23 funds at the cost of Rs 93 per share, coming up to Rs 333 crore ...

Posted on 08/06/2024

Best fixed deposit rates in Singapore (June 2024): Rates up to 3.75 per cent, minimum deposits from $500

Citibank’s fixed deposit rates are generally not one of ... Here’s a summary of the best fixed deposit rates in Singapore in 2024 for 6-month and 12-month commitment periods: Best fixed deposit rates ...

Posted on 08/06/2024

ixigo IPO GMP: Rs 740 Crore Issue to Open This Week; Check Price, Listing Among Other Details

The issue has a price band of Rs 88 to Rs 93 per share. The successful bidders will be allotted shares on June 13, Thursday. The equity shares of the mainboard IPO will be listed on both NSE and BSE ...

Posted on 08/06/2024

Money-laundering scandal: Singapore looks at how to offload seized assets worth US$2.2 billion

Others with significant exposure include the country’s three largest banks – DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. For decades, Singapore has taken steps ...

Posted on 08/06/2024

Ixigo IPO Launch Date: Price band, GMP price, allotment date and other details

IPO secondary placements of around Rs 176.2 crore at the top end of price band, completed a day prior to anchor book opening. Related News | Ixigo IPO: Ahead of Rs 740-crore IPO company raises Rs 333 ...

Posted on 08/06/2024

Ahead of IPO, ixigo’s parent firm garners Rs 333 cr from anchor investors

Le Travenues Technology Ltd, operator of the ixigo travel booking platform, raised ₹333 crore from anchor investors ahead of its IPO. Notable investors include the Government of Singapore, Morgan ...

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