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Tag: banking

Posted on 11/07/2025

Singapore bank employee faces trial for stealing $470K from client’s account

A former OCBC Bank employee in Singapore is being tried for illegally transferring SGD600,000 (US$470,000) from a client’s account and using nearly SGD90,000 of the client’s funds to pay credit card ...

Posted on 11/07/2025

UOB Private Bank redefines wealth building in Asia with personalisation and discipline

UOB’s discretionary portfolio management service helps clients grow and protect their wealth with steady returns and risk-managed strategies.

Posted on 11/07/2025

Aalberts’ privatisation offer for GVT is below target price but still likely to go through, says DBS

On July 10, GVT announced that Dutch semiconductor firm Aalberts Advanced Mechatronics has tabled a 94 cents per share offer, which is a 11.9% premium over GVT's share price just prior to the holding ...

Posted on 11/07/2025

SGX a ‘defensive pick’ as Singapore is viewed as tariff shelter

RHB analyst Jaiswal is expecting SGX to deliver more in terms of dividends. The payout ratio fell to 69% in FY2020 with the pandemic in full swing and the ratio has been kept at 61% since.

Posted on 11/07/2025

Manus AI flees China for Singapore following US$75 million benchmark round

Chinese AI Agent startup Manus has relocated its headquarters to Singapore and slashed most of its China-based workforce, just four months after its global debut. The move reflects mounting ...

Posted on 11/07/2025

10 Things To Know About NTT DC REIT – Singapore’s Largest REIT IPO In Over A Decade

The IPO comprises of 599.9 million units priced at US$1 each, with 30 million units for the public in Singapore at S$1.27 each. This may be the largest REIT IPO in Singapore since Mapletree Greater ...

Posted on 11/07/2025

DBS tackles scams and inequality in new season of ‘Sparks’

DBS has launched the fourth season of its award-winning web series Sparks, turning the spotlight on scams targeting vulnerable groups and the barriers faced by persons with disabilities.

Posted on 11/07/2025

Nufresh flips Singapore’s ‘chope’ habit to spark hygiene talk

In Singapore, tissue packs mark territory. This time, they sparked a conversation. Nufresh, in partnership with boutique creative agency ODD, turned the nation’s iconic 'chope' (to reserve) behaviour ...

Posted on 11/07/2025

Investment banking fees jump 38% in H1 2025: report

Citi led the market with $72.9m (US$54m) in fees, capturing a 12.5% share. Singapore’s investment banking sector recorded a strong first half in 2025, with total fees rising by 38% YoY to $583.47m ...

Posted on 11/07/2025

IPO hopeful Dezign Format brings creativity to Catalist

Dezign Format is seeking to list on SGX's Catalist board. The company lodged its preliminary offer document on June 30. The full prospectus is slated to be out on Aug 1.

Posted on 11/07/2025

OTSAW Announces Official Empanelment as Certified System Integrator for Singapore’s RoMi H Robotics Middleware Framework

Designation expected to position OTSAW to accelerate interoperable robotics deployments across public healthcare institutions ahead of anticipated IPO ...

Posted on 11/07/2025

HSBC UK unveils wealth centre to attract affluent clients

The bank opens a $5m flagship space in St James’s, aiming to mirror its successful Asian wealth model and strengthen international investment links.

Posted on 11/07/2025

HSBC appoint new chief risk and compliance officer for Isle of Man

HSBC has appointed Korsan Cevdet as Chief Risk and Compliance Officer (CRCO) for the Channel Islands and Isle of Man (CIIOM). Based in the Jersey office, in his new role Korsan will oversee the ...

Posted on 11/07/2025

OCBC Bank wins green financing awards at ABF 2025

Bhd has won the Malaysia International Green Financing Bank of the Year award at the Asian Banking & Finance Wholesale Banking Awards 2025 in Singapore.

Posted on 10/07/2025

Temasek sees more opportunities in Europe after investing $7.8 bln in region last year

Singapore's state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of valuations, ...

Posted on 10/07/2025

Arkema to Invest $20M to Build New Rilsan Clear Unit in Singapore

Arkema S.A. ARKAY announced that following the start-up of the Rilsan Clear transparent polyamide unit in Singapore, which boosted the capacity of Rilsan polyamide 11 by 50%, it is investing $20 ...

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