SINGAPORE - OCBC Bank has priced its 500million euro notes due 2025 at a fixed rate of 0.625 per cent per annum payable annually in arrear. The notes come under the bank's US$10 billion global covered bond programme. Net proceeds from the covered bonds ... ( read original story ...)
Banks in Singapore and Hong Kong “blacklist” contractors who quit after a few days
Contracting jobs are booming in Singapore and Hong Kong banking, but think carefully before you take one. Here’s what to weigh up. https://news.efinancialcareers.com/sg-en/241344/junior-singapore-finance-jobs-with-10k-monthly-salaries/ Contract jobs in ... ( read original story ...)
Kunal Chatterjee is Visa’s new country manager for Singapore and Brunei
The 10-year Visa veteran was most recently vice-president of global client management, heading the Citibank account team. He also previously spent three-and-a-half years on the country team as head of business development for Singapore and Brunei. ( read original story ...)
Deutsche Bank in Asia: whose jobs are safe, whose aren’t?
Some people at Deutsche in Singapore and Hong Kong are feeling upbeat about the reign of new CEO Christian Sewing. Others are not. https://news.efinancialcareers.com/sg-en/223787/deutsche-bank-strategy-christian-sewing/ Private bankers at Deutsche Bank in ... ( read original story ...)
Bank of China, ICBC start offering PayNow
... the Industrial and Commercial Bank of China (ICBC) were added to the list of banks offering PayNow yesterday, making it a total of nine banks offering the peer-to-peer funds transfer service to consumers in Singapore, said the Association of Banks in ... ( read original story ...)
Deutsche Bank Replaces C.E.O. Amid Losses and Lack of Direction
He has worked at Deutsche Bank since 1989, spending time at bank offices in London, Singapore, Tokyo and Toronto. He held top positions in risk management at the bank and was its chief auditor until being named to the management board in 2015. As a German ... ( read original story ...)
World Bank’s Doing Business Report 2018: Malaysia best Singapore, UK in electricity reliability
KUALA LUMPUR: Malaysia has made it into the top 10 of the World Bank’s Doing Business Report 2018, under the topic, Getting Electricity. According to Energy, Green Technology and Water Minister, Datuk Seri Dr Maximus Ongkili, the nation is ranked eighth ... ( read original story ...)
Singapore Stock Market Inherits Positive Lead
The Singapore stock market has moved higher in three straight trading days, advancing more than 110 points or 3.2 percent along the way. The Straits Times index now rests just beneath the 3,450-point plateau and it may extend its winning streak on Tuesday. ( read original story ...)
Singapore Plans Blockchain Push to Boost Financial Inclusion
The Singapore government is looking to boost blockchain development in an effort to improve financial inclusion for Southeast Asian countries. In opening remarks for a meeting with finance ministers from Southeast Asian countries on Friday, Heng Swee Keat ... ( read original story ...)
Singapore Plans Blockchain Push to Boost ASEAN Financial Inclusion
The Singapore government is looking to boost blockchain development ... Meanwhile, the neighboring nation of Malaysia is also moving to utlize blockchain technology to advance banking services across the region. In a speech in March, the deputy governor ... ( read original story ...)
Standard Chartered says no decision reached on Bank Permata stake
Jakarta/Singapore: Standard Chartered Plc (STAN.L) said on Monday it had not taken any decision regarding its holding in Indonesia’s Bank Permata (BNLI.JK), after a newspaper report said a team led by Farallon Capital Management is seeking a 44.56 ... ( read original story ...)
Bank of China and ICBC to offer PayNow
namely the Bank of China and Industrial and Commercial Bank of China Limited, the Association of Banks in Singapore (ABS) said. According to an announcement, this will bring the number of banks offering PayNow to nine. The banks currently offering PayNow ... ( read original story ...)
Asia Investor and Analyst Seminar 2018
Malaysia and Singapore. Our international network is unrivalled and we are in a strong position to support our customers in Asia and around the world as the region continues to grow and develop.” A series of presentations will be made by HSBC executives ... ( read original story ...)
Mandiri to offer product for wealth repatriation from Singapore
... Mandiri in collaboration with Swiss Lombard Odier will introduce a new banking product on April 16 for Indonesians who want to repatriate their funds that are parked in Singapore. “The product is in the form of a mutual fund with different ... ( read original story ...)
Bank of China, ICBC join 7 other banks offering PayNow in Singapore
The banks have joined the ranks of Citibank Singapore, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and United Overseas Bank as participating banks of the service. PayNow enables customers of participating banks to send and receive ... ( read original story ...)
Hong Kong beats Singapore as top IPO destination in Asia… for now
But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)