Singapore's exchange-traded fund assets under management surpassed S$10 billion (US$7.38 billion) this month, mainly from inflows into funds with Asia exposure. The Singapore Exchange (SGX) says the ... ( read original story ...)
HSBC Agrees to Buy AXA Singapore Insurance Assets for $575M
As part of the efforts to expand its wealth management business in Asia, HSBC Holdings HSBC has agreed to acquire 100% of the issued share capital of AXA Insurance in Singapore for $575 million. ( read original story ...)
HSBC acquires AXA Singapore for $575m in a bid to grow Asia wealth
London: HSBC Holdings agreed to buy AXA Singapore for $575 million in a push to build a global wealth hub in Singapore and fuel its expansion across Southeast Asia amid increasing tension in China. ( read original story ...)
Cryptocurrency Ethereum Gains Popularity in Singapore
Gemini recently published the results of its cryptocurrency survey and highlighted that the investors in Singapore prefer Ethereum over Bitcoin. ( read original story ...)
Personal debt soars among young Singapore adults during pandemic
Personal debt among young adults here has been rising during the Covid-19 pandemic, and the situation could worsen once interest rates start to rise. ( read original story ...)
HSBC snaps up Axa Singapore assets for $575 million in Asia expansion
HSBC currently ranks 10th in life insurance in Singapore, and does not have a health insurance business. The Asia-focused bank, like its peers, is battling poor returns from lending in a low interest ... ( read original story ...)
Ethereum most popular cryptocurrency amongst Singapore investors
Some 67% of personal investors in the country currently hold cryptocurrencies, with 78% owning Ethereum while 69% have Bitcoin, and 67% say the COVID-19 pandemic promoted them to invest more. ( read original story ...)
HSBC Inks US$575 Million Deal To Acquire AXA Singapore’s Insurance Assets
HSBC said that it has entered into an agreement to acquire 100% of AXA Insurance issued share capital in Singapore for US$575 million. ( read original story ...)
DBS hits all-time high stock price of $31.47
This is the first time a stock traded above $31 per unit for one session. Stocks for the banking giant, DBS, traded at an all-time high of $31.74 on 11 August, Monday, the highest since 2 May 2018. ( read original story ...)
OPINION – The Virtual Banking race is heating up in East Asia
Virtual banks, also called neobanks, primarily deliver retail banking services through the internet or other electronic channels instead of physical branches ... ( read original story ...)
These investors will make a killing in the Ixigo IPO
Ixigo filed draft papers for the share sale on Friday. The biggest beneficiary will be venture capital and growth equity firm Elevation, previously SAIF Partners, with a 12-fold jump in its ... ( read original story ...)
Barclays Private Bank’s Singapore Head on Laser-Guided Wealth Management for Asia’s UHNW Clientele
Evonne Tan is the recently appointed Head of Barclays Private Bank, Singapore. In this new role, she will focus on building on the collaboration between the Private Bank and Barclays Corporate and ... ( read original story ...)
Citibank Credit Card Promotions and Deals: August 2021
A well-known global bank, Citibank offers some of the best credit cards in Singapore. It […] The post Citibank Credit Card Promotions and Deals: August 2021 appeared first on SingSaver Blog - We ... ( read original story ...)
Genting Singapore’s swing into the black gives it strong ‘buy’ calls from analysts
Analysts have been taking a second look at Genting Singapore following its swing into the black with earnings of $77.2 million in 1HFY21 ended June. The group which owns and operates Resorts World ... ( read original story ...)
Ixigo IPO to shower Elevation Capital, other investors with manifold returns
IPO, for which draft papers were filed recently, will multiply the decade-long investment of venture capital and growth equity firm Elevation Capital by about 12 times ... ( read original story ...)
New initiative to employ job seekers in Singapore based on skills, instead of past qualifications, titles
SINGAPORE - More job seekers here can look forward to getting hired based on their skills — instead of traditional yardsticks such as past job titles and educational qualifications — under a new ... ( read original story ...)