The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank.
Temenos to Work with MAS to Advance Sustainable Finance
Collaboration with Gprnt on technology solutions powering the future of sustainable financeSINGAPORE, Nov. (GLOBE NEWSWIRE) -- Singapore FinTech Festival – Temenos (SIX: TEMN) today announced a ...
PingPong and MODIFI Announce Partnership to Transform B2B Cross-border Payments and Digital Trade Finance
In a significant development for B2B cross-border payments, FinTech platform MODIFI today announced a global B2B Buy Now Pay Later (BNPL) functionality in partnership with PingPong, one of the largest ...
CEO of OCBC private banking arm meets Jacinda Ardern: ‘Being a good leader is actually about being a good human’
It was my pleasure and privilege to meet her on the morning of 8 November. The honourable Dame Ardern took to the stage with Founding Chairman of the Board of Trustees of SMU, Ho Kwon Ping, for a Bank ...
$680k seized in anti-scam operation by police after tip-off from DBS bank; 5 nabbed
Five people suspected of being money mules were arrested in an island-wide anti-scam operation by the police in November, during which $680,000 was seized. The five suspects are between 16 and 43 ...
Lion Trust Singapore Gets Rave Reviews From Clients Across the Globe and Boasts 4.8 Trustpilot Rating
Lion Trust is a Singapore-based global portal that has established itself as a leading provider of exclusive Initial Public Offerings (IPOs) to the retail investment sector. It prides itself on its ...
HSBC Business Go Insights and Networking Platform Debuts in Singapore
HSBC Business Go is designed to help businesses adjust to the changing market environment by facilitating idea and experience sharing.
Citibank Offers Exclusive Opportunity to Catch UEFA Champions League Final Live in London in Partnership with Mastercard®
One child from Singapore will accompany player onto the field during the final SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- Citibank is launching its first football promotional campaign in Singapore, ...
PropertyGuru Appoints Ray Ferguson as Chairman of the Board With Effect From January 1, 2024
PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading 1 property technology (“PropTech”) company, today announced the appointment by the board of ...
CBA to Sell Stake in Indonesian Unit to Singapore’s OCBC
The agreement ended years of speculation over OCBC’s acquisition strategy in Indonesia, one of its four key markets. It also marked Chief Executive Officer Helen Wong’s first takeover since she took ...
OCBC to buy Indonesia’s Bank Commonwealth for $192 million
SINGAPORE - A subsidiary of OCBC will pay A$220 million (S$192.3 million) upfront to acquire Bank Commonwealth – the Indonesian subsidiary of the Commonwealth Bank of Australia (CBA). CBA on Thursday ...
Commonwealth Bank of Australia to sell 99% stake in Indonesian unit to OCBC
Commonwealth Bank of Australia (CBA) said on Thursday it has agreed to sell a 99 per cent stake in its Indonesian unit PT Bank Commonwealth (PTBC) to a local unit of Singapore's second-largest bank ...
OCBC Indonesia to buy over Commonwealth Bank’s stake in Indonesian subsidiary for A$220 mil
The Indonesian subsidiary of Oversea-Chinese Banking Corporation, PT Bank OCBC NISP Tbk (OCBC Indonesia), has agreed to buy Commonwealth Bank of Australia’s (CBA) 99% stake in CBA’s Indonesian banking ...
Singapore to Add Layer of Scrutiny to Significant Investments With New Bill
Once the bill passes, Singapore will join such countries as China, Japan, the U.S., Australia and the U.K., which have comparable investment regulations. Singapore has introduced a new Significant ...
Singapore Shares Predicted To Open In The Green
The Singapore stock market on Wednesday ended the two-day losing streak in which hit had fallen more than 30 points or 1 percent. The ...
Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions. Singapore will be piloting the live issuance and use of wholesale central bank digital currencies in 2024, a top ...