I don’t see the flows to suffer,” CEO Piyush Gupta says SINGAPORE: The exposure of... The post DBS has S$100M exposure to SG’s S$2.8B money laundering case appeared first on The Independent Singapore
Ed Sheeran: Singapore UOB cardholders spent the most for artist’s shows outside city
UOB cardholders in Singapore were the highest spenders for pre-sale tickets to Ed Sheeran's upcoming shows in Thailand, Indonesia and Malaysia, according to the bank on Friday (3 November).In contrast ...
4 of the 5 major DBS disruptions in 2023 were bug or software-related: CEO Piyush Gupta
The bank will hire more ‘deep engineering’ talent to tackle issues within its technology systems. Read more at straitstimes.com.
What you need to know about Singapore’s proposed investment management regime
The regime will apply to local and foreign investors. The Ministry of Trade and Industry (MTI) has introduced a bill that will set out a new investment management regime for entities critical to ...
NoonTalk Media left with $1.78 mil of IPO net proceeds
NoonTalk says the utilisation of its net proceeds are in accordance with the intended use of proceeds from the IPO, and that it will continue to make periodic announcements on the utilisation of the ...
UOB Online Banking Suffers Disruptions on Saturday, Back Up By Midday
The United Overseas Bank (UOB) experienced sporadic disruptions with its online banking platforms last Saturday (4 November).
How Singapore is positioning itself as Asia’s carbon hub
Singapore has long boasted a sterling reputation as a trading powerhouse, the go-to hub in Asia for those looking to trade oil, gas, minerals, metals and other commodities. But recently, a new product ...
DBS, Citi outages prevented 2.5 million payment and ATM transactions from being completed
Around 810,000 attempts to access DBS and Citibank's digital banking platforms failed during the Oct 14 to Oct 15 disruption, said Minister of State for Trade and Industry Alvin Tan.
2.5m payments, ATM transactions failed in Oct 14 DBS, Citi disruptions
IN THE Oct 14 disruption to DBS and Citibank’s digital services, an estimated 810,000 attempts to access the digital platforms of both banks failed, and about 2.5 million payments and ATM transactions ...
Alvin Tan on fixing DBS and Citibank digital banking disruptions on Oct 14
The impact of the disruption of digital banking services of DBS and Citibank on Oct 14 was “wide”, said Minister of State for Trade and Industry and Monetary Authority of Singapore (MAS) Board Member ...
Singapore to look into corporate culture provision for company boards: Ravi Menon
SINGAPORE will assess the introduction of a new provision in its corporate governance code to establish good company culture, Monetary Authority of Singapore (MAS) managing director Ravi Menon said. Read more at The Business Times.
Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
During the quarter, DBS net profit rose to 2.63 billion Singaporean dollars ($1.94 billion) compared to SG$2.24 billion a year ago. The Singapore bank also declared a dividend of 48 Singapore cents ...
Overbought Singapore Stock Market Called Higher Again On Monday
The Singapore stock market has moved higher in five straight sessions, collecting more than 80 points or 2.7 percent along the way.
Prince of Wales wows crowds as he arrives in Singapore for Earthshot Prize
saying they needed umbrellas to protect themselves from the powerful spray coming from HSBC’s Rain Vortex. Upon his arrival, the Prince said: “It’s fantastic to be back in Singapore for this year’s ...
DBS Q3 profit up 16% to $2.59 billion; to pay dividend of 48 cents per share
SINGAPORE – DBS Group Holdings on Monday reported quarterly earnings that were driven by a record-high total income and boosted by the bank’s acquisition of Citi’s Taiwan consumer business. The unit was consolidated on Aug 12 and made DBS the ...
DBS Profit Tops Estimates as Margins Grow on Rate Increases
DBS Group Holdings Ltd. profit surpassed analyst estimates in the third-quarter, propelled by strong margin growth in commercial lending. Net income climbed 18% to S$2.63 billion ($1.94 billion) in the three months ending Sept. 30, Singapore’s biggest ...