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Tag: banking

Posted on 20/08/2024

Jail for 5 men linked to housing loan scam; bank duped into disbursing over $5.1m

The ruse was linked to two properties - one in Saraca Terrace and another in Woodgrove Walk. Read more at straitstimes.com.

Posted on 20/08/2024

Better macro and interest environment to encourage allocations into S-REITs in 2HFY2024, DBS names top picks

In the 1HFY2024, S-REITs saw lacklustre dividend per unit (DPU) growth, with a sector-wide 7% y-o-y and 5% h-o-h drop in DPUs mainly due to erosion from higher interest costs.

Posted on 20/08/2024

StanChart makes three executive changes in Europe, Asia transaction banking business

Asia-focussed lender Standard Chartered (StanChart) announced three senior executive changes in its transaction banking business on Tuesday. Ankur Kanwar will lead StanChart's transaction banking ...

Posted on 20/08/2024

Singapore bans ex-HSBC banker for a year over disclosure breach

(Bloomberg) — The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police ...

Posted on 20/08/2024

Standard Chartered announces senior appointments to its Transaction Banking leadership

Standard Chartered announced today, the appointment of Sofia Hammoucha as Global Head of Trade & Working Capital based in Singapore. Sofia succeeds Kai Fehr, who has decided to move back to his home ...

Posted on 20/08/2024

Forrester’s 2024 Singapore Customer Experience Index: Financial Services Brands Lack Competitive Differentiation

Singapore Customer Experience Index (CX Index™) annual study, conducted across the banking, investment, and home and auto insurance industries, the average CX quality of the brands is merely "OK". The ...

Posted on 20/08/2024

Top SGX Dividend Stocks Including DBS Group Holdings And 2 Others

Name Dividend Yield Dividend Rating BRC Asia (SGX:BEC) 7.34% Bumitama Agri (SGX:P8Z) 6.83% China Sunsine Chemical Holdings (SGX:QES) 6.33% Overview: DBS Group Holdings Ltd provides commercial banking ...

Posted on 20/08/2024

1 in 4 Gen Zs in Singapore does not save, invest or insure enough, says bank poll

The study said Gen Zs, or those aged 18 to 25, are the most unprepared out of all the age groups surveyed. Read more at straitstimes.com.

Posted on 20/08/2024

Singapore Offers Unemployment Support in Key Shift Ahead of Vote

Singapore Prime Minister Lawrence Wong announced new benefits for its citizens including unemployment support, housing and training grants and mandatory paternity leave months before a ballot that ...

Posted on 20/08/2024

How Much Should You Invest in an SEO Company in Singapore?

The most often used pricing structure is the monthly retainer, in this case you pay a set monthly fee for continuous SEO work. The nature and complexity of the work will determine whether monthly ...

Posted on 20/08/2024

Singapore’s Gen Z embrace the future of Gen AI banking for its potential to revolutionize the banking sector

Gen Z respondents are well-versed in the capabilities of Gen AI and are excited about its benefits and potential applications in banking ...

Posted on 19/08/2024

IPO Roundup: WeRide, Reitar Logtech and more

The U.S. IPO market continues with its August lull with investors, this week, awaiting Federal Reserve Chairman Jemore Powell's speech in Jackson Hole to look for cues regarding any potential rate ...

Posted on 19/08/2024

Bankers charged by Singapore were stars of race for China’s rich

LESS than two years out of college, Wang Qiming was making waves within Citibank Singapore by bringing in millions in deposits from his rich clients. Read more at The Business Times.

Posted on 19/08/2024

Who should pay for the new climate finance goal? The world’s super-rich, says a new study

Ahead of COP29 talks, an advocacy group finds that a 1.7 to 3.5 per cent tax on the world's richest 0.5 per cent could raise US$2.1 trillion of climate funds a year – with US$40 billion from Southeast ...

Posted on 19/08/2024

S’pore money laundering scandal shows dangers of wooing rich Chinese clients

Two former relationship managers were criminally charged last Thursday for allegedly facilitating the movement of illicit funds.

Posted on 19/08/2024

Singapore Bans Ex-HSBC Banker for 1 Year Over Disclosure Breach

The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police investigations and ...

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