SINGAPORE – Despite the recent jitters and volatility caused ... this asset class has emerged as a notable pocket of value as the recent banking crisis blows over. Citibank chief investment officer ...
Hong Kong’s ‘moneymaking genes’ help it trump charmless Frankfurt, LA and Singapore, says tycoon Ronnie Chan
While some international cities that are well-equipped with hotels and airports are "artificial" and "super boring", Hong Kong is also "full of charm", which makes it a favourable destination for ...
HSBC Bank (Singapore) names new board directors
HSBC Bank (Singapore) has appointed Sam Liew and Colin Bell as directors of its board, effective April 4. Liew is managing partner, government strategic business group, at Singtel NCS Group. In this ...
“Embarrassed” DBS chairman bows to apologise and sets up special committee to look into service disruption
SINGAPORE: Expressing embarrassment over the latest digital banking service outage, DBS CEO Piyush Gupta and chairman Peter Seah apologised to stakeholders at the bank’s annual general meeting (AGM) ...
HSBC Singapore announces new board of directors
Their appointments is effective starting 4 April. Sam Liew and Colin Bell have been appointed as new directors to the board of HSBC Bank (Singapore). Liew is presently the managing partner of the ...
DBS’ latest digital service disruption unacceptable, says MAS
Singapore’s largest lender DBS is expected to face new regulatory action following a lengthy outage of its digital banking services last week.
DBS CEO, who received S$15.4 million in pay in 2022, feels embarrassed over technical disruption
DBS CEO Piyush Gupta felt embarrassed at the Annual General Meeting due to the bank's digital banking service disruption for the second time in 16 months. DBS Chairman Peter Seah also apologized to ...
RHB cuts DBS’s target price by 5% after service disruption last week
The glitch has hurt DBS’s reputation and warnings of supervisory action could keep its share price range-bound, says RHB.
Singapore jumps to 9th spot in Kearney’s 2023 FDI Confidence Index
The nation remains strong on factors that are most important to investors, including government transparency and technological innovation,” says Kearney’s Asia Pacific regional head and chairman Arjun ...
Stock Market Live: Sensex, Nifty 50 expected to open with gains
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on first trading day of the week tracking global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty ...
Malaysia and Singapore’s QR Code Payments Linkage Has Gone Live
The cross-border QR code payment linkage between Singapore and Malaysia has gone live, enabling customers of participating financial institutions to make payments by scanning NETS QR and DuitNow QR ...
Many top university graduates in Singapore, Malaysia eyeing career path in Hong Kong, finance chief Paul Chan says after Southeast Asia visit
Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie He says students interested in city's recently launched ...
Cryptocurrency firms struggle to find banking partners after US bank collapses- Where to next? Singapore? Switzerland? Hong Kong?
Sources suggest that some cryptocurrency companies have turned to Cross River Bank as their preferred banking partner to address this issue ...
Best credit card promotions in Singapore: Citibank, UOB, DBS (March 2023)
When it comes to credit card promotions these days, we’re spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...
Former sales officer gets jail for working with syndicate to cheat Citibank of over $127,000
SINGAPORE - A direct sales officer at Citibank worked with a syndicate to dupe the bank into giving over $127,000 in loans to eight applicants who had submitted items including fake income ...
OCBC CEO Helen Wong’s 2022 pay reaches $11.2 million, behind other local bank chiefs
SINGAPORE – OCBC Bank group chief executive Helen Wong was paid $11.2 million in 2022, behind the remuneration of other local bank CEOs. This comes after OCBC reported a net profit of $1.3 billion for ...