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Tag: banking

Posted on 20/01/2024

More Citigroup bosses laid off as part of ‘sweeping overhaul’

The bank said it's in the process of cutting 20,000 jobs as the last quarter of 2023 Citibank saw losses of US$1.8 billion (S$2.41 billion) ...

Posted on 19/01/2024

Eight new charges for money laundering accused who allegedly funded three properties in Singapore’s Scotts Road

Su Baolin, one of the 10 accused in Singapore’s largest money laundering case, was handed eight more charges on Jan 19.

Posted on 19/01/2024

Singapore seeks 2 more suspects in massive money laundering case; assets seized or frozen top S$3 billion

SINGAPORE: Singapore authorities are seeking two more suspects connected to a massive money laundering case uncovered last year, as the total value of assets seized or issued with prohibition of ...

Posted on 19/01/2024

South-east Asia weathers IPO drought, SGX potential intact amid subdued performance: Deloitte

SINGAPORE - Listings of initial public offerings on the Singapore Exchange (SGX) are expected to remain subdued, but experts at Deloitte Singapore are sanguine about the prospects. Read more at ...

Posted on 19/01/2024

Familiar names such as Reddit throw their hats in 2024 IPO market revival ring

The pipeline of 2024 IPO candidates in the US is deep, and littered with household names including Kim Kardashian’s Skims.

Posted on 19/01/2024

The Parentinc acquires luxury maternity brand Motherswork as it eyes IPO

The acquisition signifies a pivotal moment for The Parentinc as the company positions itself on a trajectory towards an initial public offering (IPO) by bolstering its ... Motherswork currently ...

Posted on 19/01/2024

India, Singapore Cooperation In Climate Finance Has Promising Future: NITI Aayog

The cooperation between India and Singapore in the field of green finance has a promising future, NITI Aayog Vice Chairman Suman Bery has said, asserting that the two countries can work within the ...

Posted on 19/01/2024

8 new charges for money laundering accused who allegedly funded three properties at Scotts Road

SINGAPORE - Su Baolin, one of the 10 accused in the $ ... to forge a document with the intent to cheat Standard Chartered Bank. Three of his new charges are for making false representations and ...

Posted on 19/01/2024

HDFC Bank seeks Singapore bank license to grow overseas after landmark merger

HDFC Bank Ltd, India’s biggest private sector lender, is seeking to open its first branch in Singapore, signaling its overseas ambitions after sewing up a landmark merger with mortgage financier ...

Posted on 19/01/2024

India’s HDFC Bank seeks Singapore bank licence to grow overseas

Find out more about subscription packages here. HDFC Bank, India’s biggest private sector lender, is seeking to open its first branch in Singapore, signalling its overseas ambitions after sewing up a ...

Posted on 19/01/2024

Singapore shares rise at Friday’s open, tracking global rally; STI up 0.6%

SINGAPORE stocks were pulled into positive territory on Friday (Jan 19), following overnight gains in global equity markets. Read more at The Business Times.

Posted on 19/01/2024

Singapore Stock Market Expected To Find Traction On Friday

The Singapore stock market has finished lower in three consecutive trading days, sinking more than 60 points or 1.9 percent along the ...

Posted on 19/01/2024

Do Genting Singapore’s (SGX:G13) Earnings Warrant Your Attention?

So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Genting Singapore (SGX:G13). While this doesn't necessarily speak to ...

Posted on 19/01/2024

HashKey now a unicorn, Tether hits back at UN, no Singapore Bitcoin ETF: Asia Express

Hong Kong's HashKey is now worth $1.2B, Tether rejects UN criticisms, no to Singapore Bitcoin ETFs, Thailand eases crypto rules: Asia Express ...

Posted on 19/01/2024

HDFC Bank Eyes Singapore Bank Licence To Open Its 1st Branch In The Country: Report

HDFC Bank has a total customer base of 93 million at the end of the December quarter (Q3) compared with 91 million in the preceding three-month period. ( Image Source : Getty ) ...

Posted on 19/01/2024

Retiree, 73, ready to transfer S$163,000 to fake ‘police’ scammers, gets stopped by Great Eastern & OCBC staff

A retired elderly woman, 73, was nearly scammed of S$163,000 — her Great Eastern insurance policy surrender value, and savings in her OCBC bank account. According to OCBC, the scam ran from December ...

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