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Tag: finance

Posted on 03/02/2024

Singapore banking tycoon Wee Cho Yaw, former UOB chairman, dies at 95

The visionary banker, one of Southeast Asia’s most successful businessmen, helmed UOB Group for more than 60 years.

Posted on 03/02/2024

Wee Cho Yaw, former UOB chairman and one of Singapore’s richest men, dies aged 95

SINGAPORE — Mr Wee Cho Yaw, the former chairman and CEO of Singapore bank UOB, has died at the age of 95. Mr Wee is one of Southeast Asia's most successful businessmen, having helmed UOB Group for ...

Posted on 03/02/2024

UOB chairman emeritus & billionaire Wee Cho Yaw dies aged 95

Chairman emeritus of United Overseas Bank (UOB) Wee Cho Yaw passed away at the age 95. According to Lianhe Zaobao, he died at around 1 am on Saturday (Feb. 3). UOB was co-founded by his father, Wee ...

Posted on 03/02/2024

Mr. Li Kaiyang, the former Chief Executive Officer of CMB International (Singapore), has assumed the role of Chief Executive Officer at SGTOX.

During the period from 2000 to 2006, Mr. Li Kaiyang contributed to the field of wealth management and asset management at OUB and HSBC Bank (Singapore). His proven capabilities span different cultural ...

Posted on 03/02/2024

Singapore Institute of Advanced Medicine Holdings to IPO on Catalist Board at 23 cents per share

Singapore Institute of Advanced Medicine Holdings to list on Catalist Board of SGX. IPO price at 23 cents per share.

Posted on 03/02/2024

Maid spends S$15.5K that was wrongly deposited into her POSB account by insurance company

In early November, an Indonesian helper who withdrew S$88,600 from the bank account of the 95-year-old father of her employer received a 15-month jail sentence after she was found guilty of one count ...

Posted on 02/02/2024

Singapore stocks track Wall St gains to end higher on Friday; STI up 1.2%

SINGAPORE shares ended the week higher on Friday (Feb 2), tracking gains on Wall Street. Read more at The Business Times.

Posted on 02/02/2024

DBS to form new merged business group with banking veteran’s retirement

DBS is merging its treasury markets, equity capital markets, brokerage and digital exchange. Read more at straitstimes.com.

Posted on 02/02/2024

5 S’porean millennials share personal finance tips for Gen Zs who are entering the workforce

Finishing school and entering the workforce is a significant milestone for most young Singaporeans. Apart from being able to earn your own keep, starting work is also one of the many markers of ...

Posted on 02/02/2024

Banking giant UBS considering cutting 90 jobs mostly in Singapore and China

The jobs to be eliminated may include about 25 relationship managers and supporting roles in the investment and solutions teams ...

Posted on 02/02/2024

UOB, China trade body renew partnership to boost Sino-Asean investment, trade flows

LOCAL bank UOB and the China Council for the Promotion of International Trade (CCPIT) on Wednesday (Jan 31) inked an enhanced memorandum of understanding to boost foreign investment and trade flows ...

Posted on 02/02/2024

Spanish Galleons in Singapore Tell Powerful Trade Story

Don’t fret about the fragmentation of the world economy. Trade routes have had their ups and downs for centuries.

Posted on 01/02/2024

STT GDC lines up investors for $1bn fundraise ahead of IPO

According to Bloomberg, several private equity funds have been selected to make binding bids to join the funding round. These include Apollo, Blackstone, and Stonepeak Partners, while a consortium of ...

Posted on 01/02/2024

Woman, 21, pleads guilty to failing to report rape of unconscious friend, opening bank accounts for scammers

Despite knowing that her friend had been raped while unconscious by one of her colleagues during a drunken hotel staycation, a woman did not make a police report of the crime.

Posted on 01/02/2024

Standard Chartered: Better Looking Banks Elsewhere

Standard Chartered shares dropped 19% since September 2023, raising concerns about the future of banking. See why we believe SCBFF stock is a sell.

Posted on 01/02/2024

China vows to cut illicit flows as Singapore remittances get stuck

China vowed to step up cooperation with Singapore to crack down on cross-border money laundering crimes, highlighting its concerns about illicit flows in the region.

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