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Tag: banking

Posted on 02/08/2025

Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely

Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...

Posted on 02/08/2025

Genting Singapore sees another leadership shuffle with new COO and CFO appointments

Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years. Read more at The Business Times.

Posted on 01/08/2025

Singapore fines Standard Chartered entities $4.9 mln for money …

Singapore's central bank imposed penalties of S$5.2 million ($3.95 million) on Standard Chartered Bank (SCBC) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money ...

Posted on 01/08/2025

OCBC Q2 profit drops 7% as interest rates fall; CEO flags tariff headwinds

The bank declared an interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

OCBC CEO-designate Tan Teck Long looks to continue ‘One Group’ strategy, boost synergy

SINGAPORE] OCBC’s incoming chief executive will continue to bank on its “One Group” approach to boost growth and synergy. Read more at The Business Times.

Posted on 01/08/2025

OCBC Q2 profit drops 7% to $1.82b as interest rates fall, to pay lower interim dividend

Bank to pay interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

UOB trims One Account interest rate again; maximum 2.5% per annum on first S$150,000

SINGAPORE] UOB is cutting interest rates on its flagship savings account, the One Account, for the second time in 2025. Read more at The Business Times.

Posted on 01/08/2025

UOB to trim deposit rates on flagship account from Sept 1 after OCBC cut; DBS stays unchanged

Rates on UOB One to come down for the third time in 2 years; OCBC 360 rates down twice in 2025 Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

Odisha to Launch Global FinTech Innovation Hub with Singapore Partnership

Odisha partners with Global Finance & Technology Network to launch Integrated Global Financial Technology Capability Hub in Bhubaneswar. Set to open in August 2025, the hub aims to transform Odisha ...

Posted on 01/08/2025

OCBC sees tariff uncertainty lingering, trims 2025 outlook after in-line Q2 profit

Oversea-Chinese Banking Corp (OCBC) said tariff uncertainty was likely to persist despite fresh deals struck by U.S. President Donald Trump, as the bank cut its 2025 net interest income expectations ...

Posted on 01/08/2025

Singapore Visit a Grand Success as Deal Etched for Rs 45,000 Crore Investment: Nara Lokesh

Lokesh underscored that this investment marks a clear vote of confidence in Andhra Pradesh’s renewed focus on attracting global capital, especially in sectors like IT, electronics, green energy, port ...

Posted on 01/08/2025

Top 10 Singapore large-cap stocks to watch in 2025

Discover the top 10 Singapore large-cap stocks to watch in 2025. Learn about market leaders, trading strategies and risk management.

Posted on 01/08/2025

OCBC warns of greater challenges in H2 as ‘chain reaction’ from US tariffs unfold

SINGAPORE] While OCBC posted “stronger than anticipated” results in the first half of 2025, the lender will likely face more challenges in the second half, said group chief executive officer Helen ...

Posted on 01/08/2025

Music icon Mariah Carey to stage one-night Singapore concert at Arena @ Expo in October

Mariah Carey will be performing at Arena @ Expo on Oct 8, 2025 – seven years after her last concert in Singapore.

Posted on 01/08/2025

Music legend Mariah Carey to perform in Singapore this October for one night only

It's been a hot minute (seven years, actually), but music icon Mariah Carey is finally returning to Singapore. The songstress, famed for her extraordinary vocal range and elaborate vocal runs, will be ...

Posted on 01/08/2025

What to expect from Singapore’s real estate investment sales market

Investment sales might be stymied for the rest of the year. According to a report from Savills, although interest rates have fallen dramatically in Singapore, with the all in borrowing cost for good ...

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