Singapore’s DBS, south-east Asia’s biggest bank by assets, will use a new UK licence to quadruple the size of its hitherto tiny London wealth management operation, in a post-Brexit endorsement of the UK as a destination for rich Asian investors DBS ... ( read original story ...)
Losing Streak May End For Singapore Stock Market
(RTTNews.com) - The losing streak has hit three sessions now for the Singapore stock market, which has fallen almost a dozen points or 0.4 percent along the way. The Straits Times Index remains just above the 3,175-point plateau, although the market may ... ( read original story ...)
Standard Chartered in Singapore poaches ANZ staff
It has been hiring for its structured finance team. Standard Chartered has been hiring for its structured finance team in Singapore with the appointment of a new director who has regional responsibilities. Soon Huat Tng joined Stan Chart last month as a ... ( read original story ...)
Strong IPO pipeline for 2017: Report
SINGAPORE – Soaring equity markets in the first three months of the year supported the highest number of initial public offerings (IPOs) globally since 2007, according to a report by professional services firm Ernst & Young (EY). In the first three ... ( read original story ...)
Here are the results to OCBC senior executive’s lie detector test
In line with its latest Stay True campaign, OCBC Bank Singapore strapped Dennis Tan, head of consumer financial services Singapore, to a lie detector for a live question and answer broadcast on Facebook. The segment was led by two cast members of SGAG ... ( read original story ...)
CEO pay at Singapore's DBS, OCBC, UOB shrank last year as profits fell
SINGAPORE (Nikkei Markets) -- The choppy Singapore economy ate into the pay checks of some of the city-state's best paid chief executives last year. Based on annual reports filed over the past two weeks, the CEOs of Singapore's three banking giants saw ... ( read original story ...)
BlackRock sees Singapore office market improving as supply tapers
SINGAPORE (Reuters) - BlackRock (N:BLK) said the worst was over for Singapore's office property market with supply tapering off, and that elsewhere in Asia Pacific, the world's largest asset manager was looking to raise its real estate exposure in Japan ... ( read original story ...)
Unusual Group launches S$19.4m IPO via placement
Read also: How Kimly brewed its way to Singapore's first 'kopi-o IPO' The firm organises and promotes events such as concerts, mostly in Singapore. For the financial year ended December 2015, its net profit leapt to S$4.1 million from S$337,000 the year ... ( read original story ...)
ExxonMobil says in talks to buy Singapore's Jurong Aromatics
SINGAPORE (Reuters) - ExxonMobil said on Wednesday it is in ... Thomson Reuters publication Project Finance International reported on Tuesday. Borelli Walsh had been appointed the receivers and managers of JAC by lender BNP Paribas. Lotte Chemical Corp ... ( read original story ...)
Singapore’s central bank likely won’t be turning hawkish any time soon
Singapore's economy may be perking up, but the central bank isn't likely to turn hawkish at this month's policy review, analysts said. Khoon Goh, head of Asia research at ANZ, said in a note on Wednesday that the question wasn't really whether Singapore's ... ( read original story ...)
Why banking accountant jobs are not so hot right now in Singapore
Banks are looking at offshoring such positions. If you know anything about accounting jobs at banks, you’ll know that most of them go to so-called ‘product controllers’ – the people who keep track of the profit and loss made on banks’ trading desks. ( read original story ...)
OCBC Bank Launches First A.I. Powered Home Renovation Loan Specialist Chat Bot
With more than 20,000 enquiries logged since its launch in January, OCBC Bank announced today the success of the first-of- its-kind specialised home and renovation loan chatbot service in Singapore. More than 10% of the chat sessions have been converted ... ( read original story ...)
Standard Chartered hires from ANZ in Singapore
As ANZ cuts back, Standard Chartered has bolstered its structured finance team in Singapore. http://news.efinancialcareers.com/sg-en/278365/launched-singapore-private-equity-firm-aged-26/ Standard Chartered has been hiring for its structured finance team ... ( read original story ...)
Citibank, Diners Club, Virgin Money overhaul credit card points
Citi Rewards Platinum: 3 Citibank Rewards will equal one Singapore Airlines KrisFlyer mile for Platinum cardholders, compared to the 2.5:1 conversion rate currently in place. Citi Signature: Converting points to KrisFlyer sees the current 2:1 exchange rate ... ( read original story ...)
Singapore manufacturing posts faster expansion in March
Thanks to higher new orders and new exports. The March reading of the Singapore Purchasing Managers’ Index (PMI) recorded an increase of 0.3 point from the previous month to record a faster expansion rate at 51.2. According to the latest figures from ... ( read original story ...)
DemystData Celebrates its One-Year Anniversary in Singapore with the Launch of a New Center of Excellence
SINGAPORE, April 4, 2017 /PRNewswire/ -- DemystData announced its plans for a new Global Center of Excellence (CoE) in Singapore that will build up capabilities in data science and engineering, develop best practices in leveraging big data, and champion ... ( read original story ...)