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Tag: banking

Posted on 07/06/2024

Singapore, Ethiopia Serve As Gateways to Enhance Links Between Southeast Asia & Africa: PM Wong

Singapore’s Prime Minister and Minister for Finance Lawrence Wong said that there is scope for Singapore and Ethiopia to serve as gateways to enhance links between Southeast Asia and Africa. PM Wong ...

Posted on 07/06/2024

Sembcorp CEO, DBS energy head deliver reality checks on renewables

When we tell people to shut down their coal plants in Indonesia, Malaysia and the Philippines; where is the alternative?” ...

Posted on 07/06/2024

Waystar Prices IPO at Midpoint to Raise $968 Million

Most Read from Bloomberg Behind ‘Suicide Squad,’ the Year’s Biggest Video-Game Flop Billionaire-Friendly Modi Humbled by Indians Who Make $4 a Day A Struggling Business Park Deals a Blow to ... the ...

Posted on 07/06/2024

Rich Singaporean investors will have among the lowest cash allocations in the year to come: HSBC

HSBC’s new Affluent Investor Snapshot 2024 revealed that Indonesian and Malaysian investors are also planning to keep cash allocations to 24% and 27%, respectively. This is much lower than the global ...

Posted on 07/06/2024

HSBC Singapore to open three wealth centres by 2025

The bank aims to boost client-facing roles by more than a third by 2028. To increase its investment business by “fivefold”, HSBC Singapore revealed its plan to open three wealth centres in Singapore ...

Posted on 07/06/2024

EQT-Backed Waystar Weighs Pricing IPO Around Mid-Range

Health-care payments software maker Waystar Holding Corp. is considering pricing its initial public offering around the midpoint of its marketed range, according to people familiar with the ...

Posted on 07/06/2024

Citi’s Exploration Into Crypto and the Metaverse

Ryan Rugg, Head of Digital Assets for Citibank's Treasury and Trade Solutions (TTS) business, joined Consensus 2024 with a conversation on Citi's exploration into metaverse, tokenization and the ...

Posted on 06/06/2024

Man allegedly behind global malware network continues to resist extradition from S’pore

SINGAPORE - A man wanted by the US for his alleged role in the world’s largest botnet, which allowed criminals to steal billions of dollars, again resisted his extradition in court here. Wang Yunhe is ...

Posted on 06/06/2024

Richard Li’s FWD keeps ‘close eye’ on market amid rumours insurer will refile for IPO

FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.

Posted on 06/06/2024

Fund managers give cool reception to prospect of Shein London IPO

Richard Buxton, a former long-standing UK equity fund manager, told the Financial Times: “Whilst the LSE may be rejoicing at attracting such a large listing, I suspect that the uncertainties about ESG ...

Posted on 06/06/2024

OCBC initiates ‘buy’ on Frencken with fair value of $1.74

Analyst Donovan Tan of OCBC Investment Research has initiated “buy” on Frencken Group . He has also given the group a fair value (FV) of $1.74.

Posted on 06/06/2024

Singapore shares started strong on Thursday—STI rose 0.3%

SINGAPORE: Singapore shares started strong on Thursday, June 6, reflecting positive global trends from the... The post Singapore shares started strong on Thursday—STI rose 0.3% appeared first on The I ...

Posted on 06/06/2024

Taking the Preemptive Strike to Thwart Rising Scams and Fraud in ASEAN Banking

The rise of scams and fraud cases in ASEAN banking presents a significant challenge for financial institutions in the region.

Posted on 06/06/2024

Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Singapore's ANEXT Bank has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base.

Posted on 06/06/2024

ANEXT Bank Reports a Surge in Regional and Global Presence Among Its MSME Customers

ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant International, today reported a notable increase in regional and global presence among its micro, ...

Posted on 06/06/2024

Chinese national allegedly behind global malware network continues to resist extradition from S’pore

Chinese national allegedly behind global malware network continues to resist extradition from S’pore SINGAPORE - A man wanted by the US for his alleged role in the world’s largest botnet, which ...

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