the offices "generate indirect employment in Singapore through their engagement of external finance, tax and legal professionals for advice on wealth planning and operational matters". And Lin, of ... ( read original story ...)
CIMB S’pore lays off 3 banking unit heads amid Covid-19 pandemic
CIMB Singapore has laid off three of its banking unit heads as the lender restructures its business in an effort to cope with the impact of the Covid-19 pandemic.. Read more at straitstimes.com. ( read original story ...)
‘RBI spurned DBS offer to buy 50% of LVB in 2018’
K.R. Pradeep, the single largest promoter of the crippled Lakshmi Vilas Bank with a 4.8% shareholding, said that Singapore’s DBS had been keen to acquire 50% stake in the lender for a high valuation ... ( read original story ...)
DBS Offered To Buy 50% Of Lakshmi Vilas Bank In 2018, But RBI Rejected, Says Promoter
KR Pradeep, the single largest promoter of the crippled Ltd. with a 4.8% shareholding, has said that Singapore’s DBS Group was keen to acquire 50% stake in the lender for a high valuation in 2018 but ... ( read original story ...)
DBS offered to buy 50% of Lakshmi Vilas Bank in 2018, but RBI rejected: Promoter
K R Pradeep, the single largest promoter of the crippled Lakshmi Vilas Bank with a 4.8 per cent shareholding, has said that Singapore's DBS was keen to acquire 50 per cent stake in the lender for a ... ( read original story ...)
CIMB Singapore lays off three of its banking unit heads as it deals with impact of Covid-19
SINGAPORE - CIMB Singapore has laid off three of its banking unit heads as the lender restructures its business in an effort to cope with the impact of the Covid-19 pandemic. The local unit of the ... ( read original story ...)
Mizuho to cut Singapore office space in workplace revamp: Sources
Mizuho Financial Group is set to trim its Singapore office space, as the Japanese bank looks to revamp the workplace in global financial centres in the wake of the pandemic.. Read more at straitstimes ... ( read original story ...)
All You Need To Know About Lakshmi Vilas Bank-DBS Bank Deal
LVB-DBS Deal: According to the RBI's plan, the well-capitalised DBS Bank India will bring in additional capital of Rs 2,500 crore upfront. ( read original story ...)
POSB customer claims ATM at Boon Lay Place Market hacked
A POSB customer has taken to Facebook to claim that an ATM beside Boon Lay Place Market she had used has been compromised by hackers. In a Facebook post on Nov. 19, the customer wrote that she waited ... ( read original story ...)
Singapore PM’s Sister-in-Law Suspended From Practising Law
(Bloomberg) -- The sister-in-law of Singapore Prime Minister Lee Hsien Loong has been handed a 15-month suspension from practising law following a guilty verdict earlier this year for professional ... ( read original story ...)
1 in 4 Singapore employers plans to freeze salaries in 2021: Survey
About a quarter of organisations in Singapore plan to introduce or continue with salary freezes next year, slightly lower than the 30 per cent that paused wage increments this year.. Read more at ... ( read original story ...)
UOB $181m lawsuit against Lippo unit, 7 others over alleged conspiracy to get higher loans for condo buyers begins
The loans were for the purchases of 38 units in the Marina Collection developed and sold by Lippo.. Read more at straitstimes.com. ( read original story ...)
Singapore B2B Payments Sector Analysis 2020: A Closer Look at Small Business Expenses SME Credit Cards
The "B2B Payments Report Singapore 2020" report has been added to ResearchAndMarkets.com's offering. The Business to Business Payments Report Singapore 2020, is a comprehensive review of the business ... ( read original story ...)
Lakshmi Vilas Bank put under moratorium, to be merged with DBS
Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS Bank, the Reserve Bank of India said Tuesday ... ( read original story ...)
The Man at the Center of Wirecard’s Deal Machine
Henry O’Sullivan, an outside adviser, was paid on 10 Wirecard deals, some of which are the focus of investigators trying to unravel the company’s collapse ... ( read original story ...)
A successful IPO gives hope to Singapore’s deep-tech ambitions
Despite the research strengths of Singapore’s universities, deep tech has remained a niche space. Nanofilm’s IPO, however, can change that. ( read original story ...)