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Tag: banking

Posted on 07/10/2025

LG Electronics India’s IPO draws Norway, Singapore wealth funds as anchor investors

(Reuters) -Appliance maker LG Electronics India has sold shares worth about 34.75 billion rupees ($391.88 million) to anchor investors including Blackrock and the wealth funds of Singapore and Norway ...

Posted on 06/10/2025

AI key to boosting Singapore’s edge as financial hub as Govt keeps improving guardrails: Josephine Teo

Singapore leverages AI to maintain its financial hub edge, with ongoing improvements in guardrails and innovative applications in financial services. Read more at straitstimes.com. Read more at ...

Posted on 06/10/2025

LG’s India IPO Is Said to Attract Abu Dhabi, Norway, Singapore Wealth Funds

LG Electronics Inc.’s initial public offering of its India arm has attracted the sovereign wealth funds of Abu Dhabi, Norway and Singapore, according to people familiar with the matter.

Posted on 06/10/2025

Standard Chartered says assets at CIO Funds reach $3 billion, launches Islamic suite

Standard Chartered said on Monday that assets under management at its Signature CIO Funds have risen to $3 billion, three years after launch, and it will introduce a Shariah-compliant version to meet ...

Posted on 06/10/2025

Singapore’s Once-Sleepy Stock Market Could Be on Cusp of Bull Run

What sets Singapore apart from its regional peers is the city-state’s reputation for stability and openness to business, as well as a strong currency.

Posted on 06/10/2025

Singapore private wealth optimism hinges on policy, China growth, BI survey shows

Private bankers in Singapore show more optimism for Asia's wealth-industry growth prospects that those in Hong Kong BI survey finds ...

Posted on 06/10/2025

OCBC launches upskilling programme to turn mortgage specialists into wealth advisers

[SINGAPORE] OCBC has launched an “intensive four-month” upskilling programme to train mortgage specialists as wealth advisers, equipping them with capabilities beyond offering home loans. Upon ...

Posted on 06/10/2025

DBS, UOB, OCBC keep an eye on risks while banking on tokenised assets for the future

Hurdles such as a talent shortage and regulations stand in the way of local banks Read more at The Business Times.

Posted on 06/10/2025

Four firms file documents for SGX listings; Singapore overtakes London as preferred IPO venue

Four new firms file for SGX listings, highlighting renewed investor appetite as Singapore overtakes London as a preferred IPO venue. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 06/10/2025

Singapore gets noticed as IPO activity rises

Increased new listings this year might just be the result of companies and Reit sponsors taking advantage of elevated investor sentiment as the STI hits new highs Read more at The Business Times.

Posted on 06/10/2025

OCBC launches upskilling programme to train mortgage specialists as wealth advisors

The first batch, comprising 15 specialists, have completed the programme and have stepped into their expanded roles on Oct 1.

Posted on 06/10/2025

Singapore Banks to Hold or Block Transfers Over 50% of Account Balance From 15 Oct

From 15 Oct, Singapore banks block transfers over 50% of account balances under new anti-scam safeguards to prevent rapid fund withdrawals.

Posted on 06/10/2025

SEON to Showcase AI-Driven Fraud Prevention at Singapore Fintech Festival

SEON joins Singapore Fintech Festival 2025 to share how AI-driven fraud prevention and digital trust are shaping the future of APAC fintech.

Posted on 06/10/2025

Raffles Financial Group Ltd (RICH) and CICADA Finance Partner to Launch Raffles Crypto Treasury

Raffles Financial Group Ltd (CSE: RICH) (“Raffles Financial”), a diversified financial services company listed on the Canadian ...

Posted on 05/10/2025

Singapore’s Mapletree to invest $500-700 million in Indian data centers

Singapore-based property developer, Mapletree, plans to invest $500-700 million in its first data centre project in Mumbai, with further expansions being considered.

Posted on 05/10/2025

OCBC partners Singapore Disability Sports Council to launch first water safety programme for PWDs

This is the first corporate-funded partnership to provide inclusive coaching and specialised equipment for 100 persons with disabilities Read more at The Business Times.

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