The return of IPOs after years of drought is unquestionably a positive development. But quantity alone isn’t enough ...
Singapore Dollar: Firm NEER with mild upside against US Dollar – OCBC
OCBC’s FX Strategist Sim Moh Siong expects the Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) to trade 1.5–2% above midpoint, supported by de-dollarisation and safe-haven flows, even as ...
AllianzGI Said in Exclusive Talks for UOB Asset Management
Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.
Moomoo Singapore Announces Jeyson Ng as Chief Executive Officer
Moomoo Singapore today announced the official appointment of Jeyson Ng as Chief Executive Officer of Moomoo Singapore.
AllianzGI in talks to buy UOB Asset Management
SINGAPORE: Allianz Global Investors (AllianzGI) is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd, according to people familiar with the matter.
UOB is a ‘fast follower’ when it comes to adopting tech, says bank’s group head of innovation
United Overseas Bank’s (UOB) approach to technology is the same as its overall philosophy — a “careful” one. Instead of striving to be the leader in implementing new features, the bank prefers to be a ...
BlackRock EQDP fund makes ‘systematic’ bet on Singapore equities
Berlin says more can be done to bolster Singapore’s stock market, whether it be through further structural reforms or deepened investor engagement.
AllianzGI Is Said in Exclusive Talks to Buy UOB Asset Management
Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the matter.
Genting Singapore (GIGNF) Receives a Buy from OCBC Investment
OCBC Investment analyst maintained a Buy rating on Genting Singapore yesterday and set a price target of S$0.77. The company’s shares closed last Tuesday at S$0.61. Claim 55% Of ...
OCBC maintains Philippine growth, inflation outlook
THE PHILIPPINES will likely see a new post-pandemic low growth this year as the Middle East conflict continues to weigh on domestic demand and the country’s external position, Singapore-based ...
Singapore stocks retreat as bank sell-off snaps STI’s two-day winning streak
[SINGAPORE] Singapore stocks ended lower on Thursday (Jun 4), snapping a two-day winning streak as the three local banks retreated from recent highs. The benchmark Straits Times Index (STI) fell 1.4 ...
Singapore’s finance professionals prefer roles with environmental remit compared to other developed markets: ACCA survey
A survey has revealed that 63% of accounting and finance professionals in Singapore would like to work in roles with environmental remits, a higher proportion compared to most other developed market ...
UOB and FPT sign MoU to advance AI, technology transformation and financial innovation opportunities
UOB and global technology corporation FPT have signed a Memorandum of Understanding (MoU) to explore strategic collaboration opportunities in artificial ...
How can Singapore’s big banks offset weaker lending margins?
Net interest income at DBS, OCBC, and UOB is expected to fall this year. Singapore’s three biggest banks are increasingly relying on wealth management to support income growth as falling interest ...
UOB considers joining Vietnam International Financial Center
Singapore’s United Overseas Bank (UOB) is exploring membership in the Vietnam International Financial Center (VIFC), a project meant to connect domestic, global and regional capital flows.
Anthropic looks to set up shop in Singapore, fill roles from finance to product support
AI research firm Anthropic plans Singapore presence, hiring for finance and product support roles as it expands internationally. Read more at straitstimes.com. Read more at straitstimes.com.