Anna Marrs joined Standard Chartered as Group Head of Strategy and Corporate Development in January 2012. Anna has lived and worked primarily in New York, London and now Singapore, where she lives with her husband and two children. She holds an MBA from ... ( read original story ...)
Singapore needs 15,000 rail engineers by 2030: Transport
As it expands its MRT network and improves rail reliability. The Ministry of Manpower is in need of additional 15,000 rail engineers and technicians by 2030, as it grows Singapore's rail network. According to Transport Minister Khaw Boon Wan, LTA and the ... ( read original story ...)
Home loans war between DBS and UOB results in competitive rates
DBS grew its home loan book 10.1 per cent last year to S$64.5 billion. UOB was not far behind, expanding 9 per cent to S$61.5 billion. OCBC Bank, the second largest bank in Singapore, grew its home loan book by 7.3 per cent to S$60.1 billion. Ms Tok said ... ( read original story ...)
Singapore – Highlights Of Proposed Amendments To The Banking Regulations And Banking (Corporate Governance) Regulations.
This article aims to provide a brief overview of the consultation paper released by the Monetary Authority of Singapore (“MAS”) on 7 February 2017 on the proposed amendments to the Banking Regulations and the Banking (Corporate Governance) Regulations. ( read original story ...)
Here Are 3 Of The Highest-Yielding Billion-Dollar REITs in Singapore’s Stock Market
Real estate investment trusts in Singapore’s stock market aren’t given much love by investors lately, judging from the fact that many of them are trading near 52-week lows. Challenges that REITs in general are facing are well-known. There’s Singapore ... ( read original story ...)
Citi, Visa Launch eProcurement Platform In Singapore
Citibank and Visa are partnering up to launch a B2B platform for companies in Singapore aimed at streamlining complex business purchasing processes. Reports Friday (Mar. 3) said the companies are rolling out an eProcurement platform, Renepay, based on a ... ( read original story ...)
App-only bank Monzo is down
LONDON — App-only startup bank Monzo is down — and normal service might not be resumed for hours. Monzo notified users on Sunday that it is having issues with a supplier that may not be resolved until “nightfall.” The company is providing regular ... ( read original story ...)
Deutsche Bank to raise $8.5 billion to help restructure firm
NEW YORK (AP) -- European banking giant Deutsche Bank announced plans to raise at least $8.5 billion in capital and sell off a stake in its asset management business, in a move to help shore up the troubled German firm. Deutsche Bank will issue 687.5 ... ( read original story ...)
Startupbootcamp Reveals 12 FinTech Startups for Singapore Programme
... Singapore is also supported by the Monetary Authority of Singapore (MAS) who will provide feedback to the startups on regulatory matters. Neal Cross, Chief Innovation Officer at DBS Bank said: “Startupbootcamp FinTech has been doing amazing work in ... ( read original story ...)
“How my MBA is gearing me up for future success in Asian banking”
He was working in exchange traded derivatives within the global markets team at UOB in Singapore, and he’d reached vice president level. But Tan wanted to make sure his skills stayed relevant for a long-term career in banking. “I had financial markets ... ( read original story ...)
Fitch: China's Bank Results to Highlight Rising Risks
Bank earnings reports are likely to confirm these negative ... Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com. ( read original story ...)
India can become the Fintech capital of the world: Neal Cross, Managing Director, DBS Bank
We have recently built Asia’s biggest banking innovation center in Singapore, called DBS Asia X (DAX), which underscores our ongoing commitment to shaping the future of banking and emracing the future of work. What sort of digitization efforts are being ... ( read original story ...)
Exclusive – Royal Bank of Canada reviews Asia wealth business for possible sale – sources
agreed to sell its wealth and investment management business in Hong Kong and Singapore to a unit of Singapore's Oversea-Chinese Banking Corp (OCBC) (OCBC.SI). A crackdown on money laundering by Asia's main private banking centres is forcing wealth ... ( read original story ...)
Singapore millennials favour investing in property
A statement by Manulife said this suggests that Singapore millennials who bank on rental income may need to seek other alternatives. Wendy Lim, Manulife Asset Management chief executive, said: "Overall in the last decade or so we have seen yields falling ... ( read original story ...)
Inbee Park credits 'amazing' putting for HSBC win
SINGAPORE—Inbee Park used her self-described “amazing” putting to win the HSBC Women’s Champions tournament by one stroke on Sunday after closing with an 8-under 64. The South Korean finished on 19-under 269 at the Sentosa Golf Club, one shot clear ... ( read original story ...)
Here’s how you can invest in Singapore’s start-ups
So how can Singapore investors get on the bandwagon? Singapore’s Start-Up Opportunities As a leading economy in South-East Asia and a mature financial industry, Singapore is a regional hub for start-ups and for good reason. Good regulatory support ... ( read original story ...)