HSBC named Georges Elhedery, a former chief of its investment bank, as its new chief financial officer in a surprise move as it reported profits slid 42% in the third quarter from rising loan losses ... ( read original story ...)
HSBC appoints Georges Elhedery as CFO, potential CEO-in-waiting
Quinn told Reuters that while departing CFO Ewen Stevenson had done a good job restructuring the bank over the last three years, the move was done with succession in mind – with the apparent effect of ... ( read original story ...)
HSBC Q3 profit slumps 42% on France sale charge, credit losses
SINGAPORE: HSBC reported on Tuesday (Oct 25) a 42 per cent tumble in third-quarter pretax profits on the back of losses on the sale of its French unit and rising bad loans, but its interest income ... ( read original story ...)
HSBC elevates Elhedery to CFO in surprise CEO-in-waiting move
HSBC named Georges Elhedery as its new chief financial officer on Tuesday in a surprise shift that puts the former head of its investment bank in pole position to eventually succeed Noel Quinn as ... ( read original story ...)
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Family offices and high-net-worth individuals based in Hong Kong and Singapore have keen to invest in crypto or already have holdings according to a new report from KPMG China and Aspen Digital. ( read original story ...)
HSBC Q3 pretax profit slides 42% on France sale, credit losses
SINGAPORE -HSBC reported on Tuesday a drop of 42 per cent in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks ... ( read original story ...)
HSBC Q3 pretax profit falls 42% on impairments
HSBC reported on Tuesday a drop of 42% in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks benefit from rising ... ( read original story ...)
I went back to primary school after 30 years, & boy, have times changed
When I was in primary school, which was like 30 years ago, Singapore was a different place. There was no internet. Public buses had no air conditioning. Television programming wasn’t 24 hours. Ah, ... ( read original story ...)
UOB Asset Management launches Singapore-China feeder ETF
UOB Asset Management has teamed up with its Chinese joint venture partner Ping An Fund Management to roll out the first master-feeder exchange traded fund operating between the Singapore and Shenzhen ... ( read original story ...)
Travel, fashion and fine dining: UOB expands retail offerings across ASEAN with exclusive tie-ups featuring leading regional brands
UOB cardholders in Singapore as well as Southeast Asia can look forward to exciting deals and offerings in travel, retail and dining as the Bank expands its partnerships with top brands across the ... ( read original story ...)
Stock Market LIVE: SGX Nifty lower, hints at muted start for Indian indices
Asia's main stock markets traded on a stronger note, with investors shifting focus to corporate earnings as signs of economic softness suggested that the effects of the Fed's aggressive policy, aimed ... ( read original story ...)
Chart of the day: APAC leads most AUM source for Singapore in 2021
The region also leads the highest total for AUM investment outside of Singapore. This chart from the Monetary Authority of Singapore shows Singapore’s Assets Under Management (AUM) sourced from ... ( read original story ...)
How Singapore’s property investment market fared in Q3
Investment sales dropped 38.5% to S$4.8b. Singapore property investment sales declined 48.9% q-o-q and 38.5% y-o-y to S$4.8 billion in Q3 2022. A Knight Frank report says this brought the cumulative ... ( read original story ...)
Bitcoin, NFTs attract family offices, super-rich in Hong Kong, Singapore as investors look to diversify portfolio, study shows
Most family offices and high net worth individuals from Hong Kong and Singapore have taken to digital assets, shrugging off the volatility in the sector, according to a new report. ( read original story ...)
SSB, T-bill and fixed deposits: How to maximise your savings with low-risk tools
In times of high inflation and rising rates, experts recommend low-risk investment and cash alternative products. Read more at straitstimes.com. ( read original story ...)
Singapore ETF link to Shenzhen to debut next month
Singapore is to get a first exchange-traded fund giving investors exposure to Chinese tech stocks via a similar vehicle in Shenzhen. The ETF created by Singapore's UOB bank will list in the city-state ... ( read original story ...)