It has been insourcing people. DBS Group Holdings Ltd (SGX: D05) is going digital and the results are beginning to show. For 2016, DBS Group’s total income was $11.5 billion, an increase of 6% year on year. Interestingly, profit before allowances grew at ... ( read original story ...)
Insights from Google and Facebook at the Future of Digital Banking, Asia Pacific – Hosted by MarketForce
“The Future of Digital Banking: Asia-Pacific” was hosted by Marketforce on March 21 and 22, 2017 in Singapore. The conference managed to bring together an interesting set of C-suite, senior bankers, industry experts, tech companies and the startup communit ( read original story ...)
HSBC Insurance becomes Tier-1 insurer
HSBC Insurance (Singapore) has become a Tier-1 insurer under the Monetary Authority of Singapore. This means it has met certain requirements: A direct life or composite insurer with total assets of at least $5 billion. Tier-1 insurers are subject to higher ... ( read original story ...)
Don’t Say Bojio: 8 Best 1-For-1 Makan Deals for POSB/DBS Cards This Month You Didn’t Know Exist
Foodies out there in Singapore, you’ll be psyched to know there’s a lot of hidden 1-for-1 deals out there you probably didn’t know exist. Here’s a tip we just found out yesterday, check out DBS/POSB or any other cards’ websites regularly for ... ( read original story ...)
Standard Chartered has been poaching from ANZ in Singapore
As ANZ cuts back, Standard Chartered has bolstered its structured finance team in Singapore. http://news.efinancialcareers.com/au-en/278365/launched-singapore-private-equity-firm-aged-26/ Standard Chartered has been hiring for its structured finance team ... ( read original story ...)
I moved to Singapore to study and then got a banking job there. Here’s how I did it
As Gao progressed through the 15-month Master in Finance programme – which is taught in both Singapore and France – he increasingly came into contact with people from previous cohorts. His class, for example, visited ESSEC graduates in London and Hong ... ( read original story ...)
Singapore c.bank seen on hold in April; tightening risk late in 2017
* 18 of 19 analysts see MAS keeping policy steady in April * 1 analyst expects easing in April * 2 analysts expect tightening in Oct; 14 predict no change SINGAPORE, April 3 (Reuters) - Singapore's central bank is expected to keep its exchange rate-based ... ( read original story ...)
Singapore Market May See Renewed Selling Pressure
(RTTNews.com) - The Singapore stock market bounced higher again on Friday, one session after it had ended the two-day winning streak in which it had advanced almost 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,175-point ... ( read original story ...)
OCBC Bank Uses a Lie Detector in Stay True Campaign via GOVT Singapore
GOVT Singapore and OCBC Bank have come up with a new campaign called Stay True Umbrella which embraces the idea of honest advertising and upholding a truthful relation with the consumers. The new campaign was launched with three consecutive full-page ads ... ( read original story ...)
Singapore to hold first Midnight Rugby 7s tourney in nine years on April 13
SINGAPORE - Singapore's first midnight rugby tournament in almost 10 years will be held at the Yio Chu Kang Stadium next month as part of the lead-up to the HSBC Singapore Rugby Sevens. Organised by the Singapore Rugby Union (SRU), the Singapore Midnight ... ( read original story ...)
Rugby: Two local 7s tournaments add to build up ahead of April's HSBC Singapore Sevens
SINGAPORE - April may well look like a rugby fan's dream come true. Besides the world-class HSBC Singapore Rugby Sevens, there will also be the Singapore Midnight 7s and the South-east Asia (SEA) 7s. Sanctioned by the sport's governing body World Rugby ... ( read original story ...)
Bank lending grows at fastest pace in more than two years in February
SINGAPORE — Bank lending surged last month at the fastest pace in more than two years, as loans to business services firms, financial institutions, as well as consumers increased, central bank data showed on Friday (March 31). Loans and advances by ... ( read original story ...)
These Are Some of The Cheapest Stocks in Singapore Currently
I have a habit of looking at how cheap or expensive the stock market is at the start of every month. One way I do so is to determine the number of net-net stocks there are in Singapore’s market. A net-net stock is a stock with a market capitalisation ... ( read original story ...)
Singapore stock exchange partners with two different firms to facilitate capital access for startups
Singapore Exchange has signed two different Memoranda of Understanding (MoUs) to facilitate credit access for startups and early-stage Small and Medium Enterprises (SMEs). Mohamed Nasser Ismail, Head of Equity Capital Market (SME) and Head of Capital ... ( read original story ...)
Singapore Market May Reverse Thursday's Losses
(RTTNews.com) - The Singapore stock market on Thursday snapped the two-day winning streak in which it had advanced almost 60 points or 1.9 percent. The Straits Times Index now rests just below the 3,175-point plateau, although the market may stop the ... ( read original story ...)
Customer satisfaction in Singapore up at 71.8 points
The national customer satisfaction score in Singapore rose to 71.8 points in 2016 ... American Express, and DBS/POSB topping the company rankings. Key factors affecting satisfaction ratings for Credit Cards include merchant tie-ups that meet customers ... ( read original story ...)