LESS than two years out of college, Wang Qiming was making waves within Citibank Singapore by bringing in millions in deposits from his rich clients. Read more at The Business Times.
Who should pay for the new climate finance goal? The world’s super-rich, says a new study
Ahead of COP29 talks, an advocacy group finds that a 1.7 to 3.5 per cent tax on the world's richest 0.5 per cent could raise US$2.1 trillion of climate funds a year – with US$40 billion from Southeast ...
S’pore money laundering scandal shows dangers of wooing rich Chinese clients
Two former relationship managers were criminally charged last Thursday for allegedly facilitating the movement of illicit funds.
Singapore Bans Ex-HSBC Banker for 1 Year Over Disclosure Breach
The Monetary Authority of Singapore issued a one-year prohibition order against a former HSBC Bank representative after he failed to disclose his previous involvement in police investigations and ...
MAS issues 9-year prohibition order against ex-OCBC representative for misconduct
THE Monetary Authority of Singapore (MAS) on Monday (Aug 19) issued a nine-year prohibition order against Hoi Wei Kit, a former representative of OCBC, for misconduct. Read more at The Business Times.
1 in 4 Gen Zs in Singapore do not save, invest or insure enough, says bank poll
The study said Gen Zs, or those aged 18 to 25, are the most unprepared out of all the age groups surveyed. Read more at straitstimes.com.
Two-thirds of Singapore consumers optimistic about local economy, but over half lack financial preparedness: survey
SINGAPORE consumers are more optimistic about the local economy, with more than two-thirds of respondents (68 per cent) expressing confidence in the current economic environment. Read more at The ...
Money laundering syndicate based in JB busted by Singapore and Malaysia police
One of the 12 Malaysian nationals arrested was extradited to Singapore and charged on Aug 19. Read more at straitstimes.com.
Joint Malaysia-Singapore op nets money laundering cell
The suspect is believed to be responsible for bringing foreigners to Singapore to open bank accounts to facilitate money-laundering activities relating to scams' ...
UOB Study: Singapore consumers upbeat about economy and personal finances, but youths are unprepared financially
Singapore consumers are optimistic about their local economy and personal finances, but nagging inflation and gaps in financial preparedness among youth surfaced as pertinent issues in UOB's latest ...
NDR 2024: Up to US$4,574 in financial support over maximum of six months for those who lose jobs in Singapore
SINGAPORE: Workers who lose their jobs will get up to S$6,000 (US$4,574) in temporary financial support to tide them over through an upcoming scheme.
Singapore Exchange (SGX:S68) Is Due To Pay A Dividend Of SGD0.09
Singapore Exchange Limited ( SGX:S68 ) has announced that it will pay a dividend of SGD0.09 per share on the 25th ...
Analysts mixed on UOB after bank’s corporate day which unveiled sustained ROE target of 14% in 2026
The analysts add that UOB also aims to increase its private bank asset under management (AUM) to $145 billion by FY2026, and increase its relationship manager headcount to 400 from 278 in FY2023. UOB ...
Singapore stocks open on a positive note on Monday—STI rose by 1.1%
SINGAPORE: Singapore stocks opened positively on Monday, Aug 19, following Prime Minister Lawrence Wong’s first... The post Singapore stocks open on a positive note on Monday—STI rose by 1.1% appeared ...
Chocolate Finance to help optimise cash returns
Offers 4.2% p.a. return on the first $20,000 and a target of 3.5% p.a. subsequently without complexities, fees, or lock-ins.
4 Singapore Blue-Chip Stocks Offering an Attractive Mix of Growth and Dividends
These four blue-chip stocks offer the best of both worlds in terms of capital gains and dividends. The post 4 Singapore Blue-Chip Stocks Offering an Attractive Mix of Growth and Dividends appeared ...