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Tag: banking

Posted on 02/09/2025

DBS’ plan to buy Alliance Bank stake is said to have stalled

SINGAPORE] DBS Group Holdings’ plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according to people with ...

Posted on 02/09/2025

askST: Thinking about buying an investment-linked plan? Here’s what you should know

Based on consumer complaints, some people do not really understand what such plans are about. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 02/09/2025

DBS’s plan to buy Alliance Bank stake is said to have stalled

DBS Group’s plan to buy a stake in Alliance Bank Malaysia has stalled as Singapore’s biggest bank has yet to get regulatory approval to commence talks, according to people with knowledge of the matter ...

Posted on 02/09/2025

DBS’s bid for Alliance Bank stake stalls on delay in regulatory nod, Bloomberg News reports

DBS Group's effort to acquire a stake in Alliance Bank Malaysia has hit a snag as Singapore's largest bank awaits regulatory approval to begin discussions, Bloomberg News reported on Tuesday, citing ...

Posted on 02/09/2025

Almost 400,000 Singapore bank customers stow away over S$30 billion under money lock feature

SINGAPORE] Bank customers have stowed away billions using anti-scam tools that allow funds to be locked up. Read more at The Business Times.

Posted on 02/09/2025

Singapore key to HSBC’s global wealth strategy, says its bank’s wealth head here

SINGAPORE] As HSBC undergoes a global overhaul of its operations, Singapore remains a key priority of the bank’s strategy to “future-proof” itself, said Ashmita Acharya, head of international wealth ...

Posted on 02/09/2025

Singapore PM Lawrence Wong to make three-day visit to India; meet President Murmu, PM Modi, visit Rajghat

In Delhi, PM Wong is likely to meet several leaders, including Minister of Health and Family Welfare JP Nadda, and Finance Minister Nirmala Sitharaman.

Posted on 02/09/2025

HSBC raises target price for Singtel to $4.75; share price at decade-high

HSBC has raised its dividend projection for the current FY2026 and coming FY2027 by 6% to 18 cents and 19 cents respectively ...

Posted on 02/09/2025

Cash rebates, shopping vouchers, retail perks: Helping S’poreans save on daily essentials

Whether it is the morning commute, the weekly grocery run or the occasional online purchase, Citi and SMRT’s 20-year partnership evolves to remain relevant to changing lifestyles. Read more at ...

Posted on 01/09/2025

MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9

SINGAPORE] Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering (IPO), as it issues 30 million placement shares at ...

Posted on 01/09/2025

3 Singapore Stocks at 52-Week Highs: Can They Go Even Higher

As several Singapore blue-chip stocks are hitting 52-week highs, those chasing greens in stock charts are probably grinning ear to ear. But investors still face a key question: should they [...] The ...

Posted on 01/09/2025

Citi and SMRT renew 20-year partnership to enhance value for Singapore commuters and consumers

Over the past 20 years, Singapore has seen a steady rise in public transport commuters using credit cards — including Citi Credit Cards — as a convenient alternative to stored-value cards. This trend ...

Posted on 01/09/2025

UOB lowers SGD fixed deposit promo rates from 1 Sep 2025, max now 1.35% p.a.

United Overseas Bank (UOB) has adjusted its Singapore Dollar (SGD) promotional fixed deposit rates, applicable for fresh fund placements made between 1 Sep 2025 and 30 Sep 2025. Both new and existing ...

Posted on 01/09/2025

Cathay Cineplexes to go into voluntary liquidation amid financial woes

It is no longer feasible for Cathay Cineplexes to continue operating, given its financial position and the absence of restructuring options, among other things, operator mm2 Asia said.

Posted on 01/09/2025

SiMSCI Futures poised for gains as Singapore equities shine

Futures contract is a derivative instrument based on the SiMSCI Index, which tracks performance of the large- and mid-cap segments of the Singapore market. The index consists of 17 constituents and ...

Posted on 01/09/2025

Singapore consultancy Enigmatig opts for US listing where their clients resonate

SINGAPORE] Many Singapore companies that choose to list in the US do so in search of higher valuations and deeper liquidity, but consultancy firm Enigmatig’s decision to debut there was mainly driven ...

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