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Tag: banking

Posted on 12/11/2023

Bank staff stop woman who tried to transfer over $50,000 to ‘husband’ overseas

SINGAPORE - Insisting her husband who lived abroad needed money, a woman in her 70s tried to transfer more than $50,000 at UOB's Tampines branch in September. But when bank staff asked her for the ...

Posted on 12/11/2023

Bank staff stops woman who tried to transfer over $50,000 to ‘husband’ overseas

SINGAPORE - Insisting her husband who lived abroad needed money, a woman in her 70s tried to transfer more than $50,000 at UOB's Tampines branch in September. But when bank staff asked her for the ...

Posted on 12/11/2023

Me & My Money: Invest a little, often and early, says finance exec

Finance executive David Fergusson believes the strategy can help almost anyone improve their lot. Read more at straitstimes.com.

Posted on 12/11/2023

Singapore: Fintech Startup BondbloX Raises $6 Million in Series B Funding

BonEvalue Pte Ltd (BondbloX), a Singapore-based fintech startup that provides easy access to bonds for investors, has secured $6 million in a Series B round.

Posted on 12/11/2023

Love scam: UOB staff prevents 70-year-old woman from sending S$50K to overseas “husband”

SINGAPORE: Staff at UOB’s Tampines branch prevented a woman in her 70s from sending S$50,000... The post Love scam: UOB staff prevents 70-year-old woman from sending S$50K to overseas “husband” appear ...

Posted on 11/11/2023

Will Hong Kong’s investment scheme woo the super-rich? Analysts say revamped strategy ‘more attractive, simpler’ than Singapore’s

Those who invest HK$30 million or more in specific assets can apply for residence after seven years Singapore scheme is more complex, involves risky investments with higher threshold and other ...

Posted on 11/11/2023

OCBC Q3 profit up 21% to $1.81 billion; CEO flags growing macroeconomic uncertainty

The bank said its exposure to Singapore’s $2.8 billion money laundering case is insignificant. Read more at straitstimes.com.

Posted on 11/11/2023

Woman wanted to transfer over $50k to overseas ‘husband’ she might not have met before: UOB

Bank staff are sometimes verbally abused when trying to protect customers from scams. Read more at straitstimes.com.

Posted on 11/11/2023

UOB staff prevents 80-year-old woman from being scammed $40K by her “grandson”

SINGAPORE: In a commendable display of vigilance and quick thinking, two women working at the... The post UOB staff prevents 80-year-old woman from being scammed $40K by her “grandson” appeared first ...

Posted on 11/11/2023

UOB staff foil scammer who pretended to be 80-year-old victim’s grandson and accompanied her to bank to withdraw $40k

SINGAPORE - Accompanied by her "grandson", an 80-year-old woman went to the UOB branch in Bendemeer in October and asked to withdraw over $40,000. She told UOB service executive Grace Ng that she ...

Posted on 11/11/2023

HSBC Asset Management names Lim Pang Qi as new CEO for Singapore, South-east Asia

HSBC Asset Management (HSBC AM) on Friday (Nov 10) said it has appointed Lim Pang Qi as chief executive officer (CEO) of South-east Asia and Singapore, and head of strategic partnerships for ...

Posted on 11/11/2023

Love scam victim loses almost S$100K to man she met on dating app

SINGAPORE: A 34-year-old woman recently lost around $97,000 to a 30-year-old man she had met... The post Love scam victim loses almost S$100K to man she met on dating app appeared first on The Indepen ...

Posted on 10/11/2023

LSEG chief Schwimmer: IPOs to return ‘when the environment stabilises’

LSEG Chief Executive Officer David Schwimmer said the market for Initial Public Offerings in London and elsewhere around the world should recover from current lows caused by concerns about rising ...

Posted on 10/11/2023

Why The Singapore FinTech Festival (SFF) Is A Must-Go Experience For Anyone In The Finance Industry

Organised by the Monetary Authority of Singapore (MAS), the Singapore FinTech Festival (SFF) is the largest FinTech festival in the world ...

Posted on 10/11/2023

More than half of Singapore’s rich investing more in safer assets like cash, gold: Study

This suggests a hesitancy towards volatile equity markets and riskier investments. Read more at straitstimes.com.

Posted on 10/11/2023

HSBC Asset Management names Lim Pang Qi as new chief for Singapore, South-east Asia

HSBC Asset Management (HSBC AM) on Friday (Nov 10) said it appointed Lim Pang Qi as chief executive officer (CEO) of South-east Asia and Singapore, and head of strategic partnerships for South-east ...

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