who joined BofA in 2015 after stints with Standard Chartered Plc and UBS Group AG. BofA was an adviser on the KKR-led STT data centre deal. It also was an adviser on the sale of a majority stake in ...
Singapore’s top banks hungry for regional expansion
The three largest banks in Singapore, DBS Group Holdings, United Overseas Bank (UOB) and Oversea-Chinese Banking Corp. (OCBC), are expanding in neighboring countries through acquisitions and new ...
DBS keeps ‘buy’ on Paragon REIT following divestment of Rail Mall
Proceeds from the divestment, which is made at nearly 30% above valuation, can be used to help pay down a perpetual securities ...
‘Having Singapore base will boost regional trade’
OPENING a Malaysia External Trade Development Corporation (Matrade) office in Singapore is part of Putrajaya’s effort to enhance trade and investment between both countries and Asean as a ...
HSBC’s Restructuring Efforts & High Rates Aid Amid Cost Woes
Additionally, in 2022, HSBC acquired 100% of the issued share capital of AXA Insurance in Singapore and L&T Investment Management Limited. Moreover, HSBC increased its ownership stake in its China ...
Singapore is the world’s most competitive economy in 2024: IMD
The city-state also held the top spot in 2020. Singapore was named the world's most competitive market this year after climbing three places from the fourth spot in 2023, according to the latest IMD ...
Singapore and South Korea most willing to invest in sustainable and inclusive brands
Conversely, countries such as Belgium, Germany, The Netherlands, Sweden, and the United Kingdom show the least enthusiasm for paying premiums for such brands. The study, led by by Professor Frank ...
3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards
Which credit cards work best with other credit cards? Here are our top picks for pairings that maximise cashback, miles, and rewards from UOB, Citi & more.
Society Pass Inc. Bolstering Subsidiaries Ahead of IPOs to Drive Growth and Customer Engagement
Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a ...
Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund
SINGAPORE startup Carro announced on Thursday (Jun 20) that it signed a S$75 million multi-currency loan with HSBC, making the home-grown company the first to tap HSBC’s Asean Growth Fund of US$1 ...
Banks need more government help to backstop SMEs’ finance needs: HSBC co-CEO
Big data, AI and blockchain tech are raising financial inclusivity, top Moody’s and Standard Chartered executives say at Lujiazui forum.
Singapore stocks open subdued on Thursday amid European market losses—STI inched up by 0.01%
The broader market revealed more stocks declining than advancing, as 43 million securities worth S$53.7M changed hands in early trading.
Singapore Is Again No. 1 Among 67 Competitive Economies In The Post-Pandemic World
Singapore has moved up three places to take the No. 1 spot in the World Competitiveness Ranking (WCR) 2024, published by the International Institute for Management Development (IMD). The island nation ...
Why Permira got cold feet over Golden Goose IPO
Singapore’s GIC, for example ... “The risk of this turning into a mediocre IPO was higher than the advantage of going ahead,” said one participant. Permira may attempt to revive the listing in the ...
Guzman Y Gomez surges 37% in hottest Australian IPO in three years
In 2024 so far, Australia has raised just A$98 million in IPOs, the second-lowest June half in more than ... It also has outlets in Japan, Singapore and the United States. The company said its ...
S-REITs with Singapore focus can continue to grow, says Koh of Principal Asset Management
As late as last year, you will see family offices buying buildings for cash,” notes Koh Shern Ling, portfolio manager of Principal Asset Management. Currently, S-REITs appear a little stuck because ...