HSBC is laying off more than a dozen of its investment banking staff in Asia as dealmaking in the region slows, three people with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong ...
HSBC cuts a dozen Asia dealmakers, source says
HSBC is laying off around a dozen of its Asia investment banking staff, a person with knowledge of the matter told Reuters on Tuesday. Bankers in Hong Kong and Singapore are impacted as the lender ...
Court lets OK Lim’s daughter leave Singapore, bail doubled to S$100,000
LIM Huey Ching – the daughter of fallen oil tycoon Lim Oon Kuin or OK Lim – was on Tuesday (Apr 16) granted conditional permission by the state courts to leave Singapore to attend the graduation ...
OCBC’s Quest for Loan Recovery Amidst a $3 Billion Money Laundering Probe
OCBC Bank embarks on a quest amidst the sun-drenched shores of Sentosa, Singapore, a gripping tale unfurls within the backdrop of a colossal $3 billion money laundering investigation. The crux of the ...
Eco-friendly data centers help drive $6.3 billion of green investment in Southeast Asia, but report shows more needed
Southeast Asia saw an uptick in green investments in 2023, with a boost from green data center projects, though funding remains insufficient, says a report.
5 men charged over bogus investment schemes that duped 47
The police said on April 15 that Muhammad Muniruddin Mohamed Khairuddin, 38, Osman Japar, 52, and Muhammad Nabil Fatin Osman, 29, allegedly formed part of a team that duped 47 people into investing in ...
SMEs in Singapore remain contractionary for fifth consecutive quarter: OCBC
According to the latest small and medium-sized enterprises (SME) index by Oversea-Chinese Banking Corporation (OCBC), SMEs have remained contractionary for the fifth consecutive quarter. The latest ...
LinkedIn Top Companies 2024 in Singapore: DBS, Standard Chartered, OCBC, Singlife in the list
Homegrown bank DBS retained the top spot on the LinkedIn Top Companies 2024 list for Singapore, according to the social media company. The annual list, released on Tuesday (16 April), is the fourth ...
Financial firms lead LinkedIn’s top companies in Singapore
LinkedIn unveils companies list where professionals advance the most. Financial institutions dominate LinkedIn’s 2024 Top Companies list for Singapore, comprising over half of the top 15. Notably, DBS ...
Singapore says Lawrence Wong will take over as prime minister on May 15
Singapore has announced that Deputy Prime Minister Lawrence Wong will take over as the country’s next leader on May 15. Wong, 51, will succeed Lee Hsien Loong who has held the top job for 20 years.
Singapore PM Lee To Step Down After Two Decades, Wong To Take Over
Singapore Prime Minister Lee Hsien Loong will step down on May 15 after two decades in power, paving the way for his deputy Lawrence Wong to take the reins.
Singapore stocks took a dip on Tuesday—STI slipped by 0.3%
SINGAPORE: Singapore stocks fell on Tuesday, following a global trend of losses sparked by concerns... The post Singapore stocks took a dip on Tuesday—STI slipped by 0.3% appeared first on The Indepen ...
What Observers Are Saying as Singapore’s Lee Paves Way for Next PM Wong
Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition ...
Singapore shares open lower on Tuesday; STI down 0.3%
SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. Read more at The Business Times.
Singapore-headquartered AI Credit Scoring fintech FinbotsAI to transform credit risk management for Myanmar’s largest privately-owned bank, KBZ Bank
FinbotsAI, an Accel-backed Singapore headquartered B2B SaaS FinTech today announced signing KBZ Bank – Myanmar's largest privately-owned bank – as their first client in Myanmar. With this, FinbotsAI's fast growing client base spans 11 countries across APAC,
Seized Sentosa plot in $3 billion money laundering probe goes on sale as OCBC seeks loan recovery
SINGAPORE - A parcel of land on Sentosa, seized amid the $3 billion money laundering probe, will be sold by OCBC Bank as it attempts to recover over $20 million in loans taken by Cambodian national Su ...