Tag: banking

United Overseas Bank (UOB) will be acquiring the consumer business of Citibank in four countries for around S$5 billion, in a move that would propel its status to a leading retail bank and card issuer ... ( read original story ...)

Post-acquisition, the bank expects an immediate $1 billion in incremental annual income uplift and asset growth through the expanded franchise,” writes OCBC Investment Resear ... ( read original story ...)

Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for S$4.915 billion ($3.65 billion), bringing the U.S. bank closer to its goal of ... ( read original story ...)

UOB said it would also bring onboard Citibank's 5,000 employees in the four countries, including senior leadership, after the deal closes. . Read more at straitstimes.com. ( read original story ...)

Wunderman Thompson Singapore has tapped Yeo Wee Lee as its Head of Technology. The appointment marks a return for Yao who was previously Technology Director at Wunderman, before joining WPP as Project ... ( read original story ...)

Little Black Book, Previously, Yeo was technology director at Wunderman, before joining WPP as project manager for business systems ... ( read original story ...)

A special purpose acquisition company (SPAC) backed by Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners will open the books for its SUS$150 million (US$111.4 million) IPO ... ( read original story ...)

The Latest Released Blockchain Finance market study has evaluated the future growth potential of Global Blockchain Finance market and provides information and useful stats on market structure and size ... ( read original story ...)

DBS Bank is a force to be reckoned with among Asian financial institutions, given its strength across all parts of investment banking, be it equity capital markets, debt capital markets, loan ... ( read original story ...)