Market observers have indicated that part of the problem stems from the way investment bankers market REIT IPOs. The Singapore Exchange saw two REIT IPOs in May with the listing of ARA US Hospitality ... ( read original story ...)
Investors searching for yield should buy this sector in Singapore, strategists say
The share prices of Singapore-listed real estate investment trusts, or S-REITs, have gone up by close to 20% this year. Strategists from Credit Suisse and DBS say S-REITs may not appreciate much more ... ( read original story ...)
Regulatory, capital market reforms needed to revive Singapore’s stock market
Fundamental reforms to Singapore’s capital markets, pension system and how regulators interact with it are essential to revive our public equity market. A lack of reforms will inhibit its ... ( read original story ...)
DBS First Asian Bank To Be Named “World’s Best Bank” By Euromoney
Singapore is home to many ‘firsts’ in the world, from our airport to our passport to being the most expensive Asian city, and now, to the best bank in the world. Yesterday (11 July), DBS Bank was ... ( read original story ...)
DBS named World’s Best Bank by Euromoney, a first for an Asian bank
DBS has been named the World's Best Bank by Euromoney magazine in a first for an Asian bank. Euromoney editor Clive Horwood said DBS represented what a bank today should look like, noting: "No other ... ( read original story ...)
Singapore cautions wealth managers on aggressively courting HK business
Officials from the Monetary Authority of Singapore (MAS) made the request last month to wealth managers, including DBS and a unit of Oversea-Chinese Banking Corp, the people said, declining to be ... ( read original story ...)
Singapore cautions wealth managers against aggressively courting Hong Kong business
"The message was that we shouldn't be taking undue advantage of what's going on in Hong Kong," a senior banking source said on condition of anonymity. Singapore has cautioned wealth managers against ... ( read original story ...)
Singapore’s Shock GDP Contraction Sends Warning for World Trade
(Bloomberg) -- An unexpected contraction in Singapore’s economy in the second quarter sent a warning shot to the world economy as simmering trade tensions wilt business confidence and activity. Gross ... ( read original story ...)
Go-Jek and SCB raise delivery app competition
Its services are considered to compete directly with Singapore-based Grab. Go-Jek's Get has 20,000 motorcycle drivers for food and parcel delivery and 20,000 restaurant partners, with 1 million ... ( read original story ...)
Strong demand for UOB’s $750 mil perps despite lowest yield for Basel III AT1 SGD issue
UOB is the sole Global Coordinator, and joint lead manager along with Australia and New Zealand Banking Group, Standard Chartered Bank (Singapore), HSBC Singapore Branch and UBS AG Singapore Branch. ... ( read original story ...)
Police, OCBC to automate data retrieval process for financial crime investigations
SINGAPORE: The data retrieval process between Singapore Police Force and OCBC bank will soon be automated to enable financial crime cases to be solved quickly and more efficiently, it was announced in ... ( read original story ...)
UOB prices $750m 3.58% perpetual securities
SINGAPORE - United Overseas Bank (UOB) has priced $750 million of 3.58 per cent additional tier one perpetual capital securities at an initial spread of 1.795 per cent above the seven-year Singapore ... ( read original story ...)
DBS named World’s Best Bank by Euromoney magazine
SINGAPORE - DBS has been named the World's Best Bank by Euromoney magazine in a first for an Asian bank. Euromoney editor Clive Horwood said DBS represented what a bank today should look like: "No ... ( read original story ...)
Bank of Singapore’s Hong Kong CEO on Developing a Greater China Proposition
Tan has been with Bank of Singapore since 2010 and since January 2018 leads the overall strategy to drive the bank’s presence in Greater China and North Asia, with a strategic focus on the ... ( read original story ...)
Deutsche Bank employees in Singapore face looming threat of retrenchment as German firm carries massive overhaul globally
Deutsche Bank’s employees in Singapore are currently on edge as the German multinational investment bank and financial services company embarks on its sweeping restructuring plan, which will impact ... ( read original story ...)
Deutsche Bank axes 18,000 staff around the world, including Sydney, New York and London offices
Will clients stick with us or is the game over?” said a Singapore banker who remains in his job. Deutsche Bank has been operating in Australia since 1973. In Australia, the bank provides services ... ( read original story ...)