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Tag: banking

Posted on 03/07/2023

SGX: Do Analysts See High Gains or Big Pain in UOB Shares?

The movement in shares of SGX-listed United Overseas Bank (SG:U11) has been muted since its first-quarter update in late April. Despite a ...

Posted on 03/07/2023

Singapore banks foster growth, boost employee well-being

In terms of tally count, the top five banks in order would have started with OCBC, DBS Bank, UOB, Citi Singapore, and Standard Chartered. However, in the case of Citi Singapore and Standard Chartered, ...

Posted on 03/07/2023

Singapore’s bank OCBC to deliver $2.2 bln extra revenue by 2025

Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) said on Monday it expects to deliver an additional revenue of S$3 billion ($2.22 billion) by 2025, after it posted a record ...

Posted on 03/07/2023

Singapore names Lawrence Wong as chairman of the central bank

The Monetary Authority of Singapore named the country's deputy prime minister and finance minister Lawrence Wong as chairman of its board of directors until 2026. Singapore's Minister for Trade and ...

Posted on 03/07/2023

Citi ULTIMA Partners the MICHELIN Guide Singapore for a Second Year Running to Offer Premium Dining Experiences to its Cardmembers

Citi ULT/MA is the MICHELIN Guide Singapore's official bank partner; Cardmembers can look forward to a series of exclusive chef-curated dinners by local MICHELIN ...

Posted on 03/07/2023

Singapore’s star banker Piyush Gupta creates succession dilemma for DBS

Singapore’s gross domestic product per capita ... One early decision was to beef up transaction banking, a combination of cash management and trade finance that Gupta knew well from his time at Citi.

Posted on 03/07/2023

Investing in digital economies: How investors can diversify their portfolios and ride the tech wave in South-east Asia and India

Apple, which makes most of its products in China, is rapidly expanding production in India and Vietnam and it may soon add Thailand as a manufacturing base. Read more at The Business Times.

Posted on 03/07/2023

BRIEFS: Hong Kong, Singapore spearhead ESG integration in Asian private equity

Mark Uhrynuk, a partner at Mayer Brown, says regulators in Hong Kong and Singapore are spearheading this transformation in the approach expected to reshape the PE industry. “Many Asia-based PE ...

Posted on 02/07/2023

Asia-Pacific Strategic Investments’ acquisition of MoneySmart falls through

ASIA-PACIFIC Strategic Investments (APS) will no longer acquire Catapult Ventures, which owns personal financial marketplace MoneySmart. Read more at The Business Times.

Posted on 02/07/2023

Singapore Airlines drops most in over a year after block sale

The proportion of analysts who have a sell rating on the shares has increased to 39% this month from May's 25%.

Posted on 01/07/2023

Digital Banking: Singapore’s OCBC to Enable Fully Digital Account Opening for Foreigners

OCBC (SGX: O39) has launched a fully digital account opening service for consumers in its key markets who are relocating to Singapore.

Posted on 01/07/2023

16-year-old among 13 arrested for alleged involvement in banking-related malware scams

Malware was installed on victims’ mobile devices after they downloaded Android Package Kit from an unofficial app store. Read more at straitstimes.com.

Posted on 01/07/2023

Singapore Airlines shares drops most in over a year after block sale

Singapore Airlines Ltd slumped the most in more than a year after a block of shares amounting to nearly 3% of the float traded on Friday evening.

Posted on 01/07/2023

Top Stock Market Highlights of the Week: Singapore’s Core Inflation, Micron Technology and Oracle Corporation

Inflation continues to ease in Singapore while we look at a chipmaker’s latest results to gauge the supply-demand situation within the sector. The post Top Stock Market Highlights of the Week: ...

Posted on 01/07/2023

AEM is HSBC’s preferred Asean tech play to ride AI investment theme

Chip tester AEM Holding has been identified by HSBC as a preferred counter among the Asean tech stocks riding on the artificial intelligence 'mega forces' investment theme.

Posted on 30/06/2023

Singapore-UK Bilateral Investment Treaty: Status of Negotiations

Singapore and the UK are in the midst of negotiations on an updated bilateral investment treaty under the UK-Singapore Free Trade Agreement.

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