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Tag: banking

Posted on 17/04/2023

UOBKH stays ‘overweight’ on Singapore banks despite plateauing NIM expansion

Shareholders would be rewarded with higher dividends in tandem with strong earnings growth in 2023, the analyst says.

Posted on 17/04/2023

Top PH Digital Solutions Firm Globe, PH Trade Department, Singapore’s Proxtera, Partner to Equip Filipino MSMEs With Financial Skills

The courses include a series of modules with videos by industry experts explaining different concepts followed by a short quiz.

Posted on 17/04/2023

GROW Believes Simple is Better for Crypto Finance Management

"Decentralization is the essence of crypto and is the fundamental basis of how it solves many tradfi [traditional finance] issues. However, the inevitable trade-off is that it leads to a burdensome ...

Posted on 17/04/2023

Credit Suisse bond holders in Singapore seek to sue Swiss government over worthless investments

SINGAPORE - About 30 investors in Singapore are seeking to sue the Swiss government over what they say is an unfair wipeout of their bonds during the recent forced takeover of Credit Suisse. Read more ...

Posted on 16/04/2023

Joint police-OCBC operation stops scam losses of more than $12.6m for 700 victims

Officers conducted live interventions by analysing in real time the fund flows to more than 500 bank accounts which were surfaced in scam reports Read more at straitstimes.com.

Posted on 16/04/2023

OCBC 90°N Visa vs Mastercard: Which miles card is better? (2023)

For the longest time, OCBC simply did not have a decent entry-level air miles credit card in their lineup. Sure, there's the OCBC Voyage Visa Infinite, but that's for those with super-high incomes ...

Posted on 16/04/2023

OCBC Cycle launches programme to teach young kids to ride bikes

With cycling becoming a popular recreational sport in Singapore, OCBC Bank has launched a programme to teach young children how to cycle, ahead of its annual OCBC Cycle event on 6 and 7 May. The ...

Posted on 15/04/2023

Fintech Airwallex Survey Reveals Majority of Singapore SMEs are Anticipating a Potential Recession

Singapore businesses have a "cautious" economic outlook, as new data from global fintech Airwallex reveals SMEs expect a recession.

Posted on 15/04/2023

‘Thanks anyway’: Singapore’s DPM Lawrence Wong puzzled by TikTokker’s ‘Daddy’ remark

Wong and Singapore's other leaders such as Health Minister Ong Ye Kung have a sizeable presence on TikTok, with some of their quirky posts going viral 'Daddy' in recent years has had dual uses in ...

Posted on 15/04/2023

Singapore: Former oil tycoon O.K. Lim as he stands trial for cheating, instigating forgery; pleads not guilty

Singapore prosecutors on Tuesday opened the criminal trial of insolvent Hin Leong founder Lim Oon Kuin, better known as O.K. Lim, who faces a total of 130 charges involving US$2.7 billion (S$3.6 ...

Posted on 15/04/2023

CytoMed, cancer drug developer, sees stock fall 10% after $10M IPO

CytoMed Therapeutics (GDTC) stock fell 10% following the Asian biotech group's $10M initial public offering, which was priced at the lower end of its range. Read more here.

Posted on 15/04/2023

MAS has not asked banks to ‘keep quiet’ about origins of wealth inflows into Singapore: Private banking group

has not instructed banks to "keep quiet" about the origins of wealth inflows into Singapore, the Private Banking Industry Group (PBIG) said on Friday (April 14). The industry group's statement was ...

Posted on 15/04/2023

Citigroup profit beats estimates on higher interest income from loans

A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar ...

Posted on 14/04/2023

Citigroup beats estimates on higher income from loans

FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York ... and the biggest U.S.... SINGAPORE (Reuters) - A private banking industry group in Singapore on Friday denied a ...

Posted on 14/04/2023

Banking group rejects FT article saying MAS asked banks to keep mum on source of wealth inflows

An organisation representing private banks here has hit out at claims in the Financial Times newspaper that the Monetary Authority of Singapore (MAS) had asked financial institutions to keep quiet ...

Posted on 14/04/2023

Ministries outline plans for more inclusive Singapore, sustainable finances and access to justice

SINGAPORE - Through the Forward Singapore exercise, Singaporeans have come up with ideas to make society more inclusive and promote a culture of giving back, and the Ministry of Culture, Community and ...

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