Amongst the three, OCBC had the best return on equity. The trio of banks in Singapore – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) – make up slightly more than 40% ... ( read original story ...)
“I’m a headhunter in Singapore. I’m now rejecting 100% of overseas job applications”
Singapore’s drive to encourage employers to hire more locals is generally a good thing, but in investment banking it’s having some unwanted consequences. https://news.efinancialcareers.com/sg-en/301800/indian-techie-singapore-employment-pass/ As we all ... ( read original story ...)
Malaysia-Singapore stock market link to benefit retail investors
The Malaysia-Singapore stock market linking proposal is set to benefit retail investors, in particular, says DBS Group Research. “It has the potential to increase securities revenue for the Singapore Exchange (SGX) and generate interest, particularly ... ( read original story ...)
Vingroup picks banks for $1 billion residential property arm IPO: sources
The IPO would follow last year’s listing of Warburg Pincus-backed Vincom Retail JSC VRE.HM, Vietnam’s biggest shopping mall operator and also a unit of Vingroup, which raised roughly $700 million. The participation of Singapore sovereign wealth fund ... ( read original story ...)
Vietnam’s Vingroup picks banks for $1 bln IPO of property unit: Sources
SINGAPORE: Conglomerate Vingroup JSC , Vietnam's biggest property developer, has picked four foreign banks to work on a planned IPO of its residential property unit that could raise about $1 billion, sources familiar with the matter said. Vingroup has ... ( read original story ...)
My big career change from tech consultancy to Singapore investment banking
Here’s how I managed it. https://news.efinancialcareers.com/sg-en/309392/smu-msc-in-applied-finance-sc/ Kathy Zhou stood out from her peers when she joined the analyst training programme at an investment bank in Singapore in 2016. Most of the new ... ( read original story ...)
Singapore Post Limited’s Share Price Rose By 14% In 2018: What Could Be The Reason?
Singapore Post Limited (SGX: S08) or SingPost is a mail and logistics company, organised into three major segments of Mail/Postal, Logistics, and Retail & eCommerce. Since the beginning of the year, the company’s stock price surged by 14%. In this ... ( read original story ...)
Can You Make a Will via Text Message in Singapore?
Do you recall our article on how to make a will in Singapore? We had said that a will must be committed to writing but in the current digital era, do you think electronic or online wills could be given the same recognition as that of a conventional will? ( read original story ...)
AIA Singapore’s operating profit rises 12% to $665m
"By arming agents with innovative digital sales tools, we transform the way they engage with customers, enhance servicing efficiencies and improve agent productivity," AIA Singapore said. The firm said its strategic partnership with Citibank delivered ... ( read original story ...)
How Did The Singapore-Listed Banks Perform In 2017?
The trio of banks in Singapore – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) – make up slightly more than 40% of the Straits Times Index (SGX: ^STI). With such high c ... ( read original story ...)
The nine best jobs at Standard Chartered as Asia makes up 75% of its profits
We noted several senior Singapore-based hires at SCB last year, including Pedro Sousa Cardoso, who joined from Emirates NBD in August as global head of digital commerce, and Kevin Burke, who moved from Deutsche Bank in July to become global head of sales. ( read original story ...)
My career change from tech consultancy to Singapore investment banking
While she enjoyed the role, she eventually decided to move her career in a new direction: finance. “I had a lot of friends working in financial services and knew that in Singapore it could offer exciting long-term prospects,” says Zhou. “But I also ... ( read original story ...)
Summit Power plans first Bangladesh IPO on SGX
Summit Power International started pre-deal investor education for an initial public offering of shares on the Singapore Exchange SGX this week ... the independent power producer's Reg S and 144A IPO will consist of new company shares only and could ... ( read original story ...)
Hong Kong beats Singapore in expat survey by HSBC, but Mumbai best for salaries
Expatriates in Hong Kong earn, on average, just three quarters of their equivalents in Shanghai, and two thirds compared with those in Mumbai, according to new figures from HSBC. But those in Singapore are further behind. Nonetheless, pure salary figures ... ( read original story ...)
Singapore Stock Market May Add To Its Winnings On Tuesday
(RTTNews) - The Singapore stock market has jumped higher in two straight sessions, gathering more than 65 points or 1.8 percent along the way. The Straits Times Index now rests just above the 3,555-point plateau and it's called higher again on Tuesday. ( read original story ...)
‘That is nosebleed-crazy’: How the week that rocked stock markets went down
It’s morning in Singapore, and the news alerts and text messages are ... 9:00 a.m. EST, Zurich Fallout is mounting from the implosion of an array of arcane bets against stock-market volatility. Credit Suisse Group AG moves to liquidate one investment ... ( read original story ...)