The three local banks are set to report their Q3 2023 earnings over coming weeks. Year-to-date performance reveals OCBC (+6.3%) as the only one out of the trio in positive territory, while DBS (-1.7%) ...
Ed Sheeran to perform in Singapore on Feb 16
British singer-songwriter Ed Sheeran is finally bringing his international + - = ÷ x (Mathematics) tour to Singapore for one night only on Feb 16 2024 at the National Stadium.
DBS PayLah! down for some users, less than a week after banking services were disrupted
The bank advised users to use DBS digibank Scan & Pay and DBS/POSB debit or credit cards. Read more at straitstimes.com.
Beyond cash and property: HSBC joins fight for Australia’s ultrarich
HSBC is the latest bank to move private wealth advisers to Sydney, but global banks have a history of dipping in and out of the country.
DBS, Citi outage: MAS orders banks to conduct thorough investigation, supervisory actions to follow
MAS also said customers can benefit from having alternative payment providers and carrying some cash as a contingency.
UPDATE 1-Singapore’s central bank tells DBS, Citibank to investigate system outage
Oct 19 (Reuters) - The Monetary Authority of Singapore (MAS) on Thursday told DBS Group Holdings' unit DBS Bank and Citibank Singapore to conduct a thorough investigation after they failed to recover ...
Commerzbank performs Singapore encore with high-yielding tier two
A number of foreign banks have issued tier two bonds in Singapore dollars this year, including Crédit Agricole and Lloyds. The last foreign bank to issuer a tier two in Singapore dollars was HSBC in ...
MAS instructs DBS, Citibank to investigate outage; will take ‘appropriate supervisory actions’ after
The 12-hour long outage saw customers of both banks being unable to use their online and mobile services. Read more at straitstimes.com.
Shein opens up about forced labor, data privacy as it looks to clear key hurdles before possible U.S. IPO
Shein, the Chinese-founded fashion giant that has taken the retail industry by storm, will have to clear a slew of hurdles if it wants to go public in the U.S.
UPDATE 1-Singapore’s Keppel Corp appoints new CFO
Singapore's Keppel Corp said on Thursday it has appointed Kevin Chng as its new chief financial officer (CFO), effective Jan. 1, 2024. Chng, who is currently the deputy CFO, will succeed Chan Hon Chew ...
Undervalued Las Vegas Sands: A Buy Opportunity Amid Macau and Singapore Market Recovery
Las Vegas Sands (LVS – Research Report), the Real Estate sector company, was revisited by a Wall Street analyst yesterday. Analyst Steven ...
Billion-dollar money laundering case: Accused with Singapore properties worth S$115m may face forgery charges
There is evidence that Su Jianfeng knowingly submitted forged documents to banks as supporting documents of the source of the money received in Singapore bank accounts, says an investigation officer.
UOB swaps Yangzijiang Shipbuilding for Marco Polo in Alpha Picks portfolio
Singapore’s UOB Kay Hian has added offshore player Marco Polo Marine to its Alpha Picks portfolio on the back of improved sentiment in the oil and gas market. At the same time, China’s largest ...
UBS, ICBC and Bank of China join banks ensnared in Singapore’s US$2 bil scandal
More than 10 banks have been ensnared for their ties with the alleged money launderers, or their businesses in Singapore.
Standard Chartered SG derisking pays off as asset quality improves: analyst
Though its lending profile is less diverse than local banks, capitalization remains strong. Standard Chartered Bank (Singapore) has improved its asset quality over the past few years, and it is now ...
Singapore insurtech bolttech weighs US IPO
"Singapore insurtech bolttech weighs US IPO" was originally created and published by Life Insurance International, a GlobalData owned brand.