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Tag: banking

Posted on 08/03/2024

Female customer assets under management up 35% from end-2020: UOB

UOB on Friday (Mar 8) said its total assets under management from female customers has grown over the last five years, rising 35 per cent between end-2020 and 2023 alone. Read more at The Business ...

Posted on 08/03/2024

Teen charged over sharing Singpass credentials for money, 3 others charged with selling bank accounts later used to launder money from scams

Four people, 17 to 21, charged for alleged money mule offences. They sold their bank accounts and Singpass credentials to scammers. Read on.

Posted on 08/03/2024

HSBC makes key hires to boost growth in ultra-high-net-worth market in Asia

He has more than two decades of experience in private banking and joins from an extensive stint at HSBC Hong Kong and Singapore, where he played a key role in launching the bank’s India ...

Posted on 08/03/2024

Billionaire Robert Kuok’s Allgreen Buys Singapore Mall For $412 Million

Billionaire Robert Kuok’s Allgreen Properties has bought a Singapore shopping mall for $412 million as retail spending in the city-state continues to recover.

Posted on 08/03/2024

OCBC to waive fee on loans issued to women-owned SMEs in Singapore under new programme

The OCBC Women Entrepreneurs Programme marks the first scheme dedicated to women entrepreneurs by a Singapore bank.

Posted on 08/03/2024

Four men to be charged for money mule activities, selling Singpass, banking details to scammers

SINGAPORE: Four men aged between 17 and 21 are slated to be charged for suspected involvement in money laundering activities on March 8.

Posted on 08/03/2024

Singapore shares edge up at Friday’s open; STI up 0.5%

SINGAPORE stocks opened stronger on Friday (Mar 8 ... Over in Europe, the European Central Bank kept rates steady on signs of cooling inflation, lifting investor sentiments. The pan-European Stoxx 600 ...

Posted on 08/03/2024

Moomoo Study Reveals Female Investors Embrace Investment Opportunities Amidst Three Key Challenges

Over half of female investors in Singapore, North America and Australia are planning to invest more in the future Women across different regions identified three common major obstacles ...

Posted on 08/03/2024

Citi’s Shally Koh on how to foster a more diverse banking organisation

Shally Koh was there when Citibank kicked off its commercial bank operations in Singapore in 2000. Twenty-four years later, Koh — who is now Head of Mid-Corporates and Technology and Digital client ...

Posted on 08/03/2024

OCBC to launch programme to accelerate growth of women-owned SMEs

WHEN medical technology startup N&E Innovations founder Didi Gan started her business in 2020 during the Covid-19 pandemic, she found herself struggling to raise funds. Read more at The Business Times ...

Posted on 08/03/2024

Former CEO and directors of company linked to S$1.5b nickel investment fraud case charged

SINGAPORE: The former CEO and directors of a company linked to an alleged billion-dollar nickel investment fraud case were charged on Thursday (Mar 7), said the Monetary Authority of Singap ...

Posted on 08/03/2024

Who is Shein’s Human Owner? Questions Threaten IPO Ambitions

The e-tail juggernaut breached U.K. law by failing to disclose its ultimate beneficial owner, but that could be the least of its problems.

Posted on 08/03/2024

UOB data reveals women are powering spending with their rising affluence over last five years

In line with International Women's Day and to celebrate 35 years of Southeast Asia's longest-running women-centric card, the UOB Lady's Card in Singapore, UOB reveals data pointing to the growing ...

Posted on 07/03/2024

Shimano’s S’pore operations to seek new markets, decide where to invest more in

Singapore’s significance will grow with rising demand for bicycles in Asia and Latin America. Read more at straitstimes.com.

Posted on 07/03/2024

Singtel trims stake in Bharti Airtel with $710 million sale to invest in data centers

Singapore's Singtel has sold a 0.8 percent stake in Indian telco Bharti Airtel for S$950 million ($710m) to US-based investment firm GQG Partners. In a statement, Singtel said it will use the funds to ...

Posted on 07/03/2024

4 men to be charged for money mule activities, selling Singpass, banking details to scammers

SINGAPORE – Four men aged between 17 and 21 are slated to be charged for suspected involvement in money laundering activities on March 8. The men allegedly sold their bank accounts or disclosed their ...

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