HSBC’s new Affluent Investor Snapshot 2024 revealed that Indonesian and Malaysian investors are also planning to keep cash allocations to 24% and 27%, respectively. This is much lower than the global ...
HSBC Singapore to open three wealth centres by 2025
The bank aims to boost client-facing roles by more than a third by 2028. To increase its investment business by “fivefold”, HSBC Singapore revealed its plan to open three wealth centres in Singapore ...
EQT-Backed Waystar Weighs Pricing IPO Around Mid-Range
Health-care payments software maker Waystar Holding Corp. is considering pricing its initial public offering around the midpoint of its marketed range, according to people familiar with the ...
Citi’s Exploration Into Crypto and the Metaverse
Ryan Rugg, Head of Digital Assets for Citibank's Treasury and Trade Solutions (TTS) business, joined Consensus 2024 with a conversation on Citi's exploration into metaverse, tokenization and the ...
Man allegedly behind global malware network continues to resist extradition from S’pore
SINGAPORE - A man wanted by the US for his alleged role in the world’s largest botnet, which allowed criminals to steal billions of dollars, again resisted his extradition in court here. Wang Yunhe is ...
Richard Li’s FWD keeps ‘close eye’ on market amid rumours insurer will refile for IPO
FWD Group Holdings said it is keeping ‘a close eye’ on market conditions amid speculation its owner, tycoon Richard Li Tzar-kai, wants to revive his plan to raise capital through an IPO in Hong Kong.
Fund managers give cool reception to prospect of Shein London IPO
Richard Buxton, a former long-standing UK equity fund manager, told the Financial Times: “Whilst the LSE may be rejoicing at attracting such a large listing, I suspect that the uncertainties about ESG ...
OCBC initiates ‘buy’ on Frencken with fair value of $1.74
Analyst Donovan Tan of OCBC Investment Research has initiated “buy” on Frencken Group . He has also given the group a fair value (FV) of $1.74.
Singapore shares started strong on Thursday—STI rose 0.3%
SINGAPORE: Singapore shares started strong on Thursday, June 6, reflecting positive global trends from the... The post Singapore shares started strong on Thursday—STI rose 0.3% appeared first on The I ...
Taking the Preemptive Strike to Thwart Rising Scams and Fraud in ASEAN Banking
The rise of scams and fraud cases in ASEAN banking presents a significant challenge for financial institutions in the region.
Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients
Singapore's ANEXT Bank has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base.
ANEXT Bank Reports a Surge in Regional and Global Presence Among Its MSME Customers
ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant International, today reported a notable increase in regional and global presence among its micro, ...
Chinese national allegedly behind global malware network continues to resist extradition from S’pore
Chinese national allegedly behind global malware network continues to resist extradition from S’pore SINGAPORE - A man wanted by the US for his alleged role in the world’s largest botnet, which ...
OCBC and UOB in active buybacks; largest shareholder of Oceanus raises stake
For UOB, the most recent buyback was also on June 5 when it acquired 28,000 shares on the open market at between $30.67 and $30.84 each. Under the current mandate, it has bought back 560,000 shares ...
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
Singapore is a major hub for the manufacture of legacy chips and has attracted new investment in recent years, lured by its relatively low tax rates and close geographical proximity to China, the ...
Ant’s Singapore digital bank Anext eyes growing demand from foreign firms
More than 30 per cent of the bank’s customers were foreign business owners, spanning 78 nationalities, as at the end of May. Read more at straitstimes.com.