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Tag: banking

Posted on 31/01/2024

Job retrenchments in Singapore more than doubled in 2023: MOM’s advance labour market estimates

The number of retrenchments in Singapore more than doubled in 2023. What drove firms to cut more jobs in 2023? Find out.

Posted on 31/01/2024

Webull Singapore adds SGX-listed securities to brokerage offering

"By providing access to key financial markets in Mainland China, Hong Kong, the US, and Singapore, we hope to offer our clients in Singapore enhanced flexibility across their investment portfolios, ...

Posted on 31/01/2024

Webull Singapore to offer SGX listed products and securities to retail investors

Pte Ltd ("Webull Singapore"), an affiliate of the US trading platform, Webull Financial LLC, today announced the launch of SGX-listed products and securities offerings on its trading platform. The ...

Posted on 31/01/2024

11 new charges for money laundering accused who allegedly gave forged statements to UOB Kay Hian

Vang, who is listed as a Turkish national in his charge sheets, now faces 16 charges in total. Read more at straitstimes.com.

Posted on 31/01/2024

HSBC fined £57 million for ‘serious’ deposit protection failures

HSBC has been fined £57.4 million (S$97.6 million) for “serious failings” in protecting some depositors over several years, in the first penalty of its kind under British rules designed to protect ...

Posted on 31/01/2024

Singapore Investment Pledges Almost Halved to $9.5 Billion

Singapore said investment commitments last year slowed to S$12.7 billion ($9.5 billion) from a record S$22.5 billion in 2022, with authorities viewing the performance as a show of confidence in the ...

Posted on 31/01/2024

Singapore Alternative Lending Business Report 2023

DUBLIN, Jan. 30, 2024 /PRNewswire/ -- The "Singapore Alternative Lending Market Business and Investment Opportunities Databook - 75+ KPIs on Alternative Lending Market Size, By End User, By Finance ...

Posted on 30/01/2024

Zepto Joins Reverse Flip Parade; Eyes India IPO In 2026

Zepto is looking to join the likes of Eruditus, RazorPay, Pine Labs, Groww and other Indian unicorns in the reverse flipping queue ...

Posted on 30/01/2024

Innovative financing to boost Singapore’s lead in climate finance, says KPMG

Singapore could reinforce its position as the regional leader in climate financing by mobilising funds worth up to S$100b to support its green initiatives.

Posted on 30/01/2024

Singapore stocks track Wall Street gains, STI up 0.3%

SINGAPORE - Shares in Singapore ended higher on Jan 30 ... DBS Bank lost 0.2 per cent or $0.07 to $31.82, OCBC Bank fell 0.5 per cent or $0.06 to $12.82, while UOB slipped 0.2 per cent or $0.05 to $28 ...

Posted on 30/01/2024

Shanghai eyes Singapore as it chases foreign investments amid slowing economy

Investment promotion event launched on Jan 29 touting Shanghai as an attractive destination. Read more at straitstimes.com.

Posted on 30/01/2024

How this billionaire’s son bought Singapore’s Swee Lee at age 23, and carved a niche in the music business

Kuok Meng Ru, CEO of Caldecott Music Group which owns brands like Swee Lee and BandLab, discusses his entrepreneurial journey in the music business.

Posted on 30/01/2024

Singapore’s WRISE picks former Citi banker DJ Sengupta to lead Middle East expansion

Singapore-based WRISE said in statement. Prior to joining WRISE Wealth Management Middle East, he held senior wealth management positions at international financial institutions like Citibank and has ...

Posted on 30/01/2024

Singapore draws $12.7b in fixed assets investments in 2023; set to create over 20,000 jobs

In 2023, the chemicals sector took the lead in fixed asset investment commitments at about 35 per cent. Read more at straitstimes.com.

Posted on 30/01/2024

Singapore’s 2023 investment commitments at S$12.7 billion, down 44% from 2022 high

SINGAPORE attracted S$12.7 billion in fixed asset investment (FAI) commitments in 2023, a sharp fall from record figures in 2022 but still above the country’s medium-to-long term goals, said the ...

Posted on 30/01/2024

Who are the 10 richest people in Singapore? Net worths, ranked – from Leo Koguan, a fan of Tesla’s Elon Musk, to Haidilao co-founder Zhang Yong, and one of Mark Zuckerberg …

The founder of United Overseas Bank, Wee Cho Yaw, the descendants of Standard Chartered Bank investor Khoo Teck Puat, and Sino Group's Robert Ng all make Forbes' list of richest people in Singapore ...

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