The OCBC-WMI Wealth Advisory Programme seeks to equip the bank's wealth advisors with private banking competencies. OCBC has partnered with Nanyang Technological University’s Wealth Management Institu... ( read original story ...)
How Robots and Tariffs Spoiled the DBS Party
Not so long ago, Singapore’s biggest bank used to be gung-ho about its trading operations. So much so that when DBS Group Holdings Ltd. moved its headquarters of nearly four decades, it made sure the ... ( read original story ...)
DBS Posts 20% Gain in 2nd-Quarter Profit
Net income rose 20 percent to S$1.37 billion ($1 billion) in the three months to June, the Singapore-based bank said Thursday, falling short of the S$1.44 billion average forecast in a Bloomberg surve... ( read original story ...)
DBS second quarter profit jumps 20 percent, misses estimates due to weak trading
SINGAPORE (Reuters) - DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s biggest lender, reported a 20 percent jump in net profit on Thursday, missing market expectations as the impact of business vol... ( read original story ...)
DBS focus: RBI views on liquidity; sees 25bp hike
Indian 10-Year bond yields have been, after keeping to a narrow 7.75-7.78 per cent range last week. Singapore: Singapore banking group DBS said it would be paying attention to the Reserve Bank of Indi... ( read original story ...)
OCBC launches upskilling programme for wealth advisors
OCBC yesterday launched a new upskilling programme for its wealth advisors in partnership with the Wealth Management Institute (WMI) of Nanyang Technological University, Singapore (NTU Singapore). Acc... ( read original story ...)
DBS focus: RBI views on liquidity; sees 25 bps hike
Singapore banking group DBS said it would be paying attention to the Reserve Bank of India's views on liquidity today and see a 25 bps hike in rates. The bank sees a 25 bp hike accompanied by a neutra... ( read original story ...)
FWD examines Singapore merits for IPO
Hong Kong billionaire Richard Li's FWD Group is considering listing in either Hong Kong or Singapore with a dual-class structure, after the Lion City's stock exchange followed the SAR's bourse in allo... ( read original story ...)
UOB puts auto loans in the fast lane
United Overseas Bank (UOB) today launched Singapore’s largest car ecosystem and the fastest fully-digital financing solution for car buyers. UOB’s digital car financing solution is available at seven ... ( read original story ...)
OCBC to equip 330 retail wealth advisers with private banking skills
SINGAPORE - OCBC Bank on Tuesday (July 31) said it would "upskill" more than 330 retail banking wealth advisers with private-banking skills in a new partnership with the Wealth Management Institute (W... ( read original story ...)
The Monthly Nibble: Stock Market Correction and Blue-Chips
1. Singapore’s Stock Market Correction is Here: What Investors Should Do Now Earlier this month, the Singapore stock market took a beating due to the additional property cooling measures announced by ... ( read original story ...)
Standard Chartered : StanChart profit jumps 34 percent as restructuring pays off
HONG KONG/LONDON (Reuters) - Standard Chartered Plc reported a 34 percent rise in pretax ... North Asia as well as ASEAN and South Asia divisions mainly in Hong Kong and Singapore. The bank said in Ju... ( read original story ...)
Billionaire Li’s FWD Said to Mull Singapore Dual-Class IPO
Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with know... ( read original story ...)
Vietnam among top 3 regional destinations for Singapore companies: HSBC study
Vietnam is among the top three investment destinations in Southeast Asia for Singapore-based companies in the next two years, according to the latest HSBC study. The Viet Nam-Singapore Industrial Park ... ( read original story ...)
UOB partners seven car dealerships and Carousell for car financing solution
United Overseas Bank (UOB) has partnered with seven car dealerships and Carousell, to launch a car ecosystem to provide fully-digital financial solutions for car buyers. The seven car dealerships incl... ( read original story ...)
Another Standard Chartered compliance exec steps down
A spokesperson for Standard Chartered declined to comment. The move adds to upheaval at the bank’s compliance unit, which oversees conduct of the lender’s 86,000 employees in countries from Singapore ... ( read original story ...)