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Tag: banking

Posted on 04/08/2023

OCBC Earnings: Here’s What You Need to Know About This SGX-listed Bank

SGX-listed Oversea-Chinese Banking Corporation Limited or OCBC Bank (SG:O39) will report its half-yearly earnings for 2023 tomorrow. Analysts ...

Posted on 03/08/2023

HSBC employs head of global private banking for South Asia

Tommy Leung has been appointed by HSBC as head of global private banking, South Asia, with effect from October 19, 2023.

Posted on 03/08/2023

Million Dollar Round Table expanding global offerings with new Singapore-based office

To enhance member resources and benefits across the Asia-Pacific region particularly the Philippines, The Million Dollar Round Table (MDRT), the Premier Association of Financial Professionals®, has ...

Posted on 03/08/2023

HSBC names UBS’ Tommy Leung as South Asia head of global private banking

HSBC on Thursday (Aug 3) announced that Tommy Leung will be its South Asia head of global private banking from Oct 19.  Read more at The Business Times.

Posted on 03/08/2023

DBS Q2 profit jumps 48% to record $2.69b even as it cuts loan, fee income growth forecasts

DBS shares rose 12 cents, or 0.35 per cent, to $33.96 as at 1.57pm on Thursday. OCBC fell 5 cents, or 0.38 per cent, to $13.14 and UOB was flat at $29.92.

Posted on 03/08/2023

Temasek to invest in Mahindra EV unit at $9.8 bln valuation

Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's electric vehicle unit at a valuation of up to $9.8 billion, the latest investment in the Indian automaker as it ...

Posted on 03/08/2023

Temasek to invest ?1200 Cr in Mahindra’s electric arm at Rs 80,580 Cr valuation

After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis. On Thursday, Mahindra Electric Automobile Ltd (MEAL), ...

Posted on 03/08/2023

Temasek to invest 1200 Cr rupees in Mahindra’s electric arm

After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis.

Posted on 03/08/2023

Temasek to invest Rs 1,200 crore in Mahindra’s electric vehicle subsidiary

Temasek, a global investment firm, has announced that it will invest Rs 1,200 crore in Mahindra’s EV subsidiary. With this investment, MEAL’s valuation goes up by 15 percent from up to Rs 70,070 crore ...

Posted on 03/08/2023

Singapore yet to receive new proposals from Malaysia to revive HSR project

SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...

Posted on 03/08/2023

Singapore consumers need over S$500,000 to achieve financial freedom: Singlife survey

A Singlife survey found that the average S'pore consumer needs to have savings of S$566,640 to achieve financial freedom. How long will it take?

Posted on 03/08/2023

Singapore bank DBS’ Q2 profit beats estimates; expects record year

Singapore's biggest bank DBS Group said on Thursday its second-quarter profit jumped a forecast-beating 48% to a new record as higher interest rates helped drive income growth, and forecast growth in ...

Posted on 03/08/2023

Singapore bank DBS’ Q2 profit jumps 48% to record, beats forecasts

SINGAPORE: Singapore's biggest bank DBS Group said on Thursday (Aug 3) its second-quarter profit jumped a forecast-beating 48 per cent to a new record as higher interest rates helped drive income ...

Posted on 03/08/2023

DBS Q2 profit jumps 48% to $2.69b; dividend of 48c declared

DBS Group Holdings on Thursday reported record quarterly earnings as higher interest rates continued to lift its margins despite muted loan growth. Wealth management and card fees also rebounded after ...

Posted on 03/08/2023

DBS Q2 profit beats forecasts to rise 45% to S$2.6 billion; declares S$0.48 dividend

SINGAPORE’S largest lender DBS posted a net profit of S$2.6 billion for the second quarter ended June, representing a 45 per cent year-on-year increase from S$1.8 billion. Read more at The Business ...

Posted on 03/08/2023

Can Property Investing Ever Be Safe? Here’s Why A Guaranteed Real Estate-Backed Loan Could Be Your Best Option For Regular Passive Income

Since BigFundr’s targeted Deal returns of more than 6% nett p.a. are currently higher than fixed deposits and provide more stability than equity investments, investors can now diversify into investing ...

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