You can get a non-graduate job in Asian banking without any banking experience. This is how. http://news.efinancialcareers.com/sg-en/275997/contractors-banks-singapore-hong-kong/ If you don’t work in banking but would like to get a banking job in ... ( read original story ...)
DBS seeks new CIO at wealth division as Lim retires, sources say
DBS Group (Singapore Exchange: DBSM-SG), Southeast Asia's largest bank, is looking for a new chief investment officer for its expanding wealth management division to replace Lim Say Boon, who is retiring after serving seven years, people familiar with the ... ( read original story ...)
Singapore bans former Goldman Sachs banker linked to 1MDB
Leissner resigned from the bank in February 2016. "MAS will not tolerate conduct by any finance professional that threatens to undermine trust and confidence in Singapore’s financial system," Ong Chong Tee, a MAS deputy managing director, said in a ... ( read original story ...)
Singapore’s central bank completes blockchain-based inter-bank payment pilot
The Monetary Authority of Singapore (MAS) has completed a pilot project that was carried out for inter-bank payments using blockchain technology. In November last year, MAS announced that it is partnering with R3 and a consortium of financial firms to ... ( read original story ...)
Singapore, Hong Kong property sectors go opposite ways
Home prices in Singapore have declined for the past three years. According to a report from Bloomberg, whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased ... ( read original story ...)
Education funds planning for Singapore expats
Living costs in Singapore are among the highest in the world. Expats who move to the city-state can expect to pay large amounts for their accommodation and for day-to-day expenses. Car buyers in Singapore usually pay five to six times the price of a ... ( read original story ...)
Singapore hints at covered bond reforms
Currently, the encumbrance limit for Singapore is 4 percent, on par with Canada, but lower than 8 percent for Australia and 10 percent for New Zealand. Many other jurisdictions have no encumbrance limits at all. "The two banks (DBS and UOB) are around ... ( read original story ...)
Singapore Bourse May Extend Friday's Gains
(RTTNews.com) - The Singapore stock market turned higher again on Friday, one session after it had ended the two-day winning streak in which it had climbed almost 25 points or 0.7 percent. The Straits Times Index now rests just below the 3,135-point ... ( read original story ...)
Singapore Savings Bonds SSB April 2017 Issue gives you 2.27% interest per year over 10 years
You can apply through ATM or Internet Banking via the three banks (UOB,OCBC, DBS) $10,000 will grow to $12,324 in 10 years. This bond is backed by the Singapore Government and its available to Singaporeans. You can find out more information about the SSB here. ( read original story ...)
Why SIA stands to benefit from the diversion of Chinese traffic from South Korea
It could give local tourism a boost. Singapore Airlines is a potential beneficiary of a diversion of Chinese traffic from South Korea, according to a report from UOB KayHian. Citing a report from Bloomberg, the UOBKayHian report said China has asked tour ... ( read original story ...)
HSBC to unveil AIA boss as its next chairman
HSBC will announce as soon as tomorrow that Mark Tucker, a former boss of insurance giant Prudential, has been appointed as its next chairman, ending a year-long hunt for a replacement for Douglas Flint. The appointment of Mr Tucker, who was briefly the ... ( read original story ...)
Time bank lets Japan's seniors swop services for free – from cleaning to companionship
Time banking is one of several schemes featured in an episode of Challenge Tomorrow this Sunday (March 12), which looks at how Japan, the United States, Australia and Singapore, are managing aging issues. More countries like Singapore are looking at ways ... ( read original story ...)
Bert Stegink leads UBS Singapore
A well-experienced wealth manager is now leading UBS’s business in Singapore. UBS, Asia’s largest wealth management firm, named Bert Stegink to the position earlier this month. Stegink will enter the Swiss firm from Dutch lender ABN Amro Private Bank ... ( read original story ...)
Canara Bank sells 13.5% of home finance arm to GIC for Rs 754 cr
State-run Canara Bank, which has been struggling to sell non-core assets to shore up its poor core capital, today sold 13.45 per cent of its stake in its home finance arm Can Fin Homes to GIC of Singapore for Rs 753.8 crore or USD 113 million. State-run ... ( read original story ...)
UOB launches sale of dual currency covered bonds
This is Asia's first dual currency covered bonds issue. Singapore banking giant United Overseas Bank announced two sales of covered bonds comprising of two tranches, a US$500m 2.125% covered bonds and an EUR500m 0.125% covered bonds, both due 2022. ( read original story ...)
Singapore regulator eyes blockchain for settlement
The Monetary Authority of Singapore is in talks with group of financial institutions to use distributed ledger technology for domestic inter-bank payments and securities settlement, following the completion of a proof-of-concept project. The process ... ( read original story ...)