Tag: finance

This is in line with Singapore trying to push for a cashless society ... Grab also launched an instant payout feature that allows drivers with POSB or DBS bank accounts to instantly transfer fares collected via GrabPay into their bank accounts. ( read original story ...)

This will push net interest income to grow 8%. Following a strong net interest income in the past quarter, Singapore big bank UOB is expected to grow loans by 4.5% yearly. According to RHB analyst Leng Seng Choon, this will come as net interest margin ... ( read original story ...)

ANZ's wealth management and retail banking business in Singapore was migrated across to DBS Bank over the weekend, said the Singapore lender yesterday. The process involved transferring ANZ customer databases to DBS while staff moved their belongings to ... ( read original story ...)

Singapore’s three local banks, led by OCBC, are becoming better paymasters. http://news.efinancialcareers.com/sg-en/291440/asian-bankers-dont-fear-robots/ Singapore’s three local banks, led by OCBC, are becoming better paymasters as more wealth ... ( read original story ...)

SINGAPORE — A recovery in demand for new bulk carriers has ... The company’s new order flow for 2017 looks to be on track for US$1.2 billion, according to a report by HSBC Global Research on Monday. It reported US$823 million in 2016, according to ... ( read original story ...)

HSBC, which has a French retail bank ... London tops the list, followed by New York and Singapore. “Many banks, many investors, should be aware that France is changing,” Le Maire said, citing Paris Saint Germain’s world record signing of Brazilian ... ( read original story ...)

Asean investors have become the largest investors in their own region, three times more than from Chinese investors, said Tony Cripps, chief executive officer of HSBC Singapore. According to Asean Investment Report 2016, Asean remained a major destination ... ( read original story ...)

By Krystal Chia and Livia Yap (Bloomberg) — A recovery in demand for new bulk carriers has helped Singapore’s worst-performing stock ... according to a report by HSBC Global Research. It reported $823 million last year, according to a company statement. ( read original story ...)

Tony Cripps, the CEO of HSBC in Singapore, said Asean was the world's fourth-largest trade bloc and about 25% of its trade activity was within the connected countries of the 10-member bloc, so "the fundamentals are incredibly powerful", especially with the ... ( read original story ...)

Among these dreams is retirement at 60. According to HSBC's Singapore report in May on The Future of Retirement series, Shifting Sands, most of those here aged between 20 and 37 expect to quit working at 60. This is two years earlier than the overall ... ( read original story ...)