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Tag: banking

Posted on 08/06/2023

Prime Skyline Limited filed an IPO for 2.5M shares at $6 per share

Singapore's Prime Skyline Limited (PSE) has filed to raise $15M by offering 2.5M ordinary shares of common stock at $6 per share. The offering comprises 1,832,500 shares by the company, and 667,500 ...

Posted on 08/06/2023

Pasture Holdings’ all-placement IPO fully subscribed

Medical supplies and devices company Pasture Holdings’ all-placement initial public offering (IPO) has been fully subscribed. On June 8, the company said that all 20 million of its placement shares ...

Posted on 08/06/2023

StanChart Embarks on Layoffs Across Singapore, London and Hong Kong Hubs

Standard Chartered has begun the process of cutting more than 100 jobs across its Singapore, London and Hong Kong offices.

Posted on 08/06/2023

Standard Chartered to cut jobs in Singapore, Hong Kong and London: Report

Standard Chartered is starting to lay off employees across Singapore, London and Hong Kong as part of an existing plan to cut costs by more than US$1 billion through 2024, Bloomberg News reported on ...

Posted on 08/06/2023

SK On raises additional US$400 mln in pre-IPO funding

South Korean battery maker SK On Co. has attracted an additional US$400 million from a foreign investor, the latest in a round of funding as it steps up to prepare for an initial public offering (IPO) ...

Posted on 08/06/2023

Stable Singapore-dollar credit market amid debt ceiling saga

Singapore-dollar bonds issuance year-to-date as of May 31 was stable at $8.1 billion, a gain of 2.5% compared to the same period last year. However, it seems that issuers are more receptive to the ...

Posted on 08/06/2023

Standard Chartered to lay off more than 100 as part of $1bn cost cuts

Standard Chartered is embarking on selective lay-offs of employees across its Singapore, London and Hong Kong offices, part of the Asia-focused lender’s plan to cut costs by more than $1 billion ...

Posted on 08/06/2023

StanChart cutting more than 100 jobs in Singapore, London and Hong Kong, say sources

Move is part of Asia-focused lender’s existing plan to cut costs by more than $1.35 billion through 2024. Read more at straitstimes.com.

Posted on 08/06/2023

Cash flooding S’pore forced DBS to lend MAS S$30 billion as banks run out of investment ideas

The influx of money means that Singapore is, relatively speaking, one of the best places to get a loan anywhere in the world right now.

Posted on 08/06/2023

Stock Market Live Updates: Sensex rises 50 points, Nifty near 18,750; Torrent Power jumps 6%, Tata Elxsi 3%

Tokyo shares opened slightly higher Thursday after global stocks mostly retreated on a shock interest rate hike by Canada's central bank.The benchmark Nikkei 225 index was up 0.06 percent, or 19.97 ...

Posted on 08/06/2023

MAS to set up association to scale voluntary carbon markets, transition finance, blended finance

The Association of Banks in Singapore is leading the coordination and set-up of the Singapore Sustainable Finance Association.

Posted on 08/06/2023

StanChart cutting more than 100 jobs in Singapore, London and Hong Kong, sources say

The bank has started trimming roles in middle office functions including HR and digital transformation in the last few weeks. Read more at straitstimes.com.

Posted on 08/06/2023

Standard Chartered trimming roles as part of cost cuts

Standard Chartered is starting to lay off employees across Singapore, London, and Hong Kong hubs as part of an existing plan to cut costs by more than US$1 billion through 2024, Bloomberg News ...

Posted on 08/06/2023

StanChart trimming roles as part of cost cuts – Bloomberg News

Standard Chartered is starting to lay off employees across its Singapore, London, and Hong Kong hubs as part of its existing plan to cut costs by more than $1 billion through 2024, Bloomberg News ...

Posted on 08/06/2023

StanChart Trimming More Than 100 Roles as Part of Cost Cuts

Standard Chartered Plc is embarking on selective lay-offs of employees across its Singapore, London and Hong Kong hubs, part of the Asia-focused lender’s existing plan to cut costs by more than $1 ...

Posted on 08/06/2023

4 Singapore REITs That Pay a Sustainable Yield of 4.9% or More

Not only do they represent a tangible return on your investment, but they are also not taxed in the ... it must be sustainable rather than merely high. Here are four Singapore REITs that pay out a ...

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