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Tag: banking

Posted on 03/10/2025

DBS gains S$26 billion in value, widening lead against OCBC

The bank is more efficiently run versus its peers and has more of a focus to reward shareholders Read more at The Business Times.

Posted on 03/10/2025

Eddid Financial Opens Singapore Office, Establishing SEA Business Hub

Eddid Financial (the Group), a leading global financial services provider, is proud to announce the grand opening of its office in the Singapore's central financial district, operated by ...

Posted on 03/10/2025

DBS gains $26 billion in value, widening lead against Singapore rival OCBC

DBS’s 21 per cent share rally in 2025 added $26 billion to its value, widening its market cap lead over OCBC to a record $75 billion, fuelled by strong dividend outlook.

Posted on 03/10/2025

Rubicon Research IPO: General Atlantic-Backed Offer Worth Nearly Rs 1,400 Crore Opens Oct. 9

Rubicon Research Ltd., backed by US private equity giant General Atlantic, will launch its Rs 1,377.5-crore initial public offering of shares next week. The IPO will be open for subscription between ...

Posted on 03/10/2025

DBS Extends Market-Value Lead Over OCBC to Record on Dividend

DBS Group Holdings Ltd.’s blistering share rally this year has widened its market value lead over its peer Oversea-Chinese Banking Corp. to a level never seen before.

Posted on 03/10/2025

DBS looks safest as Singapore’s mortgages withstand macro risks

Mortgage growth was in mid-single digits in 1H2025 for local banks, says Bloomberg Intelligence, with DBS least vulnerable if risks rise ...

Posted on 03/10/2025

Global investment firm Arena Investors to shut Singapore office, sources say

Move comes as the US$1.7 trillion global private credit market faces mounting headwinds.. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/10/2025

Global investment firm Arena Investors to shut Singapore office

[SINGAPORE] Global multi-strategy investment firm Arena Investors is shutting its Singapore office and seeking to reallocate resources elsewhere, according to sources familiar with the matter.

Posted on 03/10/2025

4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends

Income investors take note: these four blue-chip stocks are paying out more than just their core dividends. The post 4 Singapore Dividend-Paying Blue-Chip Stocks Paying Out Additional Dividends ...

Posted on 03/10/2025

Hopes of US Fed rate cut spur STI and DBS to new records

Benchmark index closes up 1.7% at 4,395.21 points; lender rises 2.4% to $52.84. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 03/10/2025

Singapore stock rally continues; STI up 0.7%

Across the broader market, gainers beat decliners 329 to 249, after 2.1 billion securities worth S$1.8 billion change hands Read more at The Business Times.

Posted on 03/10/2025

Singapore and Hong Kong increase FX trades – BIS survey

The survey, published on September 30, showed that Singapore had strengthened its position as the world’s third-largest FX centre. Hong Kong also increased its share of the FX market and remained the ...

Posted on 02/10/2025

HSBC raises income requirement for new credit card applications in S’pore to $65,000

The move is from Oct 1; other banks are sticking to their income criterion of $30,000. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/10/2025

Underpinned by rate-cut optimism, STI and DBS break records

Benchmark index closes up 1.7% at 4,395.21 points; lender rises 2.4% to S$52.84. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/10/2025

Singapore Holds Third Spot in Global FX Rankings as Daily Volumes Reach US$1.5 Trillion

Singapore remains the world’s third largest FX centre with daily trading volumes reaching US$1.5 trillion in April 2025, BIS survey finds.

Posted on 02/10/2025

Banking Circle Taps Ex-Ripple Exec as Chief Digital Assets Officer

Banking Circle announced in a LinkedIn post that it has appointed Kirit Bhatia as its new Chief Digital Assets Officer.

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