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Tag: banking

Posted on 18/07/2024

OCBC to recover over $20m from selling Sentosa Cove plot linked to money laundering probe

The 19,550 sq ft plot at 69 Ocean Drive had been put on the auction block twice by OCBC. Read more at straitstimes.com.

Posted on 18/07/2024

Stocks to watch: Thai Beverage, Frasers Property, OCBC, UMS, Singapore Airlines

THE following companies saw new developments that may affect trading of their securities on Thursday (Jul 18): Read more at The Business Times.

Posted on 18/07/2024

DBS equips its customer service officers with gen AI-powered virtual assistant

DBS Bank's 500 customer service officers in Singapore will be able to use a generative AI-powered virtual assistant to serve customers more efficiently. C ...

Posted on 18/07/2024

Singapore CEO Salaries: How Much The Biggest Listed Companies in Singapore Paid Their CEOs In 2023

The biggest listed companies in Singapore also includes CEOs whose salaries are among the highest paid people in the company ...

Posted on 18/07/2024

Campaigners urge UK government to block Singapore-headquartered Shein’s IPO in London

LONDON - A new campaign backed by British retail consultant and television personality Mary Portas has launched an online petition calling on the new Labour government to block Singapore-headquartered ...

Posted on 18/07/2024

Mizuho Bank Singapore marks 50th anniversary with launch of Mizuho Singapore Foundation

TT Foundation Advisors will serve as the foundation’s philanthropy adviser for its US$1 million donor-advised fund.

Posted on 18/07/2024

Inflation may rise again, but bet on areas like AI to yield long-term returns: Bank of Singapore

AI will have the greatest impact on the investment landscape in the next five years, a snap poll at the bank's event shows. Read more at straitstimes.com.

Posted on 18/07/2024

Cash payments without conditions improve job security, mental health: Project

The cash assistance came without any strings attached, meaning that they did not need to secure employment or meet other conditions to receive the funds. The programme was run as a randomised control ...

Posted on 18/07/2024

OCBC to recover more than $20 million from selling Sentosa Cove plot linked to money laundering probe

SINGAPORE - OCBC Bank has accepted an offer of more than $20 million for a plot of land in Sentosa Cove that once belonged to Cambodian money launderer Su Baolin, after two attempts to auction the ...

Posted on 17/07/2024

HSBC CFO Georges Elhedery appointed at new group CEO

HSBC Holdings plc announced on July 17 that group Chief Financial Officer Georges Elhedery has been appointed as Group Chief Executive, with effect from September 2.

Posted on 17/07/2024

UOB cardholders to enjoy Woori Card privileges in South Korea

The full list of merchant privileges under the partnership will be announced in the coming months Read more at straitstimes.com.

Posted on 17/07/2024

Singapore bank UOB and South Korea’s Woori Card announce pioneering reciprocal card partnership

UOB reinforces leadership position in travel and entertainment through strengthening its partnership ecosystem to offer exclusive privileges to its ASEAN customers SINGAPORE, July 17, 2024 /PRNewswire ...

Posted on 17/07/2024

UOB and South Korea’s Woori card to team up in reciprocal card partnership

The “groundbreaking” partnership will see cardholders from both companies enjoy card privileges from the other.

Posted on 17/07/2024

Allianz to Buy 51% Share in Singapore’s Income Insurance for $1.64 Bln

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...

Posted on 17/07/2024

Singapore shares dip 0.3%, weighed down by DBS and OCBC

SINGAPORE - The Straits Times Index (STI) closed at 3,487.91 on July 16, down 11.98 points or 0.3 per cent, as declines in the shares of DBS Bank and OCBC Bank weighed on the benchmark’s performance.

Posted on 17/07/2024

10-year US Treasury yields likely to average 3.50% to 4.50% in coming years: Bank of Singapore

Thus, 10Y UST yields may trade on average between 3.50% and 4.50% “over the next few years” — “significantly higher” than the 1.00%-4.00% range in the decade after the 2008 Global Financial Crisis, ...

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