She was most recently the head of Treasures Singapore, overseeing both onshore and offshore enterprises and clients, and has previously held positions at DBS as head of retail customer segment, head ...
Citi Singapore nets ex-DBS COO as new CEO
Citi has appointed Yeo Wenxian as its new head of wealth for Asia South and CEO of Citibank Singapore, effective 1 November.
Singapore’s EDBI and SEEDS Capital merge to form new government investment entity, SG Growth Capital
Beyond bringing more collaboration opportunities between local and foreign companies, SG Growth Capital will look to develop deeper expertise in startup financing, venture building, and deep tech ...
Payments, Crypto Sectors Dominate Singapore Fintech Deals Amid Declining Investments
The first half of 2024 showed notable resilience in Singapore's fintech market, with deal activity increasing by 19 percent.
Ola Electric IPO subscribed 115% on Day 3 so far. Check GMP and other key details
The initial public offering (IPO) of Ola Electric has been subscribed 1.15 times as of the third day of the bidding process. The issue was fully subscribed by the end of day 2.The issue attracted bids ...
Ola IPO waits to cross the line ; FirstCry’s anchor book sets off
Ola Electric Mobility’s initial public offering (IPO) of Rs 6,146-crore — the largest in two years — closes on Tuesday. Amid a selloff in the global market, subscription for the maiden share sale by ...
Citi hires DBS’ Yeo Wenxian as head of wealth for South Asia
SINGAPORE – Citi Wealth on Aug 6 announced the appointment of Ms Yeo Wenxian as its new head of wealth for South Asia, commencing on Nov 1. The Singaporean executive is also set to be Citibank ...
Markets bid to recover from brutal sell-off but fears linger; Singapore share index down 0.7%
SINGAPORE - Margin calls pushed the Singapore market further south on Aug 6 even as other Asian ... “Now is the best time to pick up the favourite stock you’ve been eyeing for a while, at a valuation ...
$8.5 trillion wiped out from global stock markets but are recession fears premature?
The pillars that had underpinned financial-market gains for years have been shaken. Read more at straitstimes.com.
FirstCry IPO: Issue subscribed 2% on Day 1, employees buy 44% of allocated portion
Marquee institutional investors including Government of Singapore, Monetary Authority of Singapore ... aims to raise Rs 4,193.73 crore through an initial share sale. The IPO is a combination of fresh ...
Revolut Introduces Business Banking Platform to Singapore Market
Revolut has introduced its business-to-business platform, Revolut Business, in Singapore, marking its first venture into the Asian market.
No reason to panic despite sharp market sell-off: OCBC, StashAway
Markets in Asia Pacific saw broad-based selling with Japanese equities experiencing the sharpest sell-off in the region, with the Nikkei 225 index down more than 12% partly because of the yen’s sharp ...
CapitaLand Ascott Trust bags $165 million OCBC sustainability-linked loan
Trust said to have “greened” 51 per cent of its global portfolio by gross floor area. Read more at straitstimes.com.
Sembcorp to invest $700 million in green urban initiatives; first-half profit down 11%
It announced an interim dividend of six cents per share, which will be paid on Aug 22. Read more at straitstimes.com.
Next DBS CEO should have the skills to run the ‘Digital Bank of Singapore’
MANY in Singapore’s analyst community have been busy speculating when the DBS chief executive post will become vacant. But they have less to say about who the replacement can be, simply because ...
Citi downgrades DBS, OCBC, UOB to ‘sell’ as first signs of US contraction emerge
Citi Research analyst Tan Yong Hong has downgraded Singapore’s three major banks to “underweight” as Citi economists expect 225 basis points (bps) of rate cuts by the US Federal Reserve in 10 months ...