UOB, the first Singapore bank to set up shop in Vietnam 30 years ago, is now pressing home its advantage to meet the banking needs of emerging middle-class consumers and the companies serving them ...
OCBC Earnings: Here’s What You Need to Know About This SGX-listed Bank
SGX-listed Oversea-Chinese Banking Corporation Limited or OCBC Bank (SG:O39) will report its half-yearly earnings for 2023 tomorrow. Analysts ...
HSBC employs head of global private banking for South Asia
Tommy Leung has been appointed by HSBC as head of global private banking, South Asia, with effect from October 19, 2023.
Million Dollar Round Table expanding global offerings with new Singapore-based office
To enhance member resources and benefits across the Asia-Pacific region particularly the Philippines, The Million Dollar Round Table (MDRT), the Premier Association of Financial Professionals®, has ...
HSBC names UBS’ Tommy Leung as South Asia head of global private banking
HSBC on Thursday (Aug 3) announced that Tommy Leung will be its South Asia head of global private banking from Oct 19. Read more at The Business Times.
DBS Q2 profit jumps 48% to record $2.69b even as it cuts loan, fee income growth forecasts
DBS shares rose 12 cents, or 0.35 per cent, to $33.96 as at 1.57pm on Thursday. OCBC fell 5 cents, or 0.38 per cent, to $13.14 and UOB was flat at $29.92.
Temasek to invest in Mahindra EV unit at $9.8 bln valuation
Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's electric vehicle unit at a valuation of up to $9.8 billion, the latest investment in the Indian automaker as it ...
Temasek to invest ?1200 Cr in Mahindra’s electric arm at Rs 80,580 Cr valuation
After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis. On Thursday, Mahindra Electric Automobile Ltd (MEAL), ...
Temasek to invest 1200 Cr rupees in Mahindra’s electric arm
After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis.
Temasek to invest Rs 1,200 crore in Mahindra’s electric vehicle subsidiary
Temasek, a global investment firm, has announced that it will invest Rs 1,200 crore in Mahindra’s EV subsidiary. With this investment, MEAL’s valuation goes up by 15 percent from up to Rs 70,070 crore ...
Singapore yet to receive new proposals from Malaysia to revive HSR project
SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...
Singapore consumers need over S$500,000 to achieve financial freedom: Singlife survey
A Singlife survey found that the average S'pore consumer needs to have savings of S$566,640 to achieve financial freedom. How long will it take?
Singapore bank DBS’ Q2 profit beats estimates; expects record year
Singapore's biggest bank DBS Group said on Thursday its second-quarter profit jumped a forecast-beating 48% to a new record as higher interest rates helped drive income growth, and forecast growth in ...
Singapore bank DBS’ Q2 profit jumps 48% to record, beats forecasts
SINGAPORE: Singapore's biggest bank DBS Group said on Thursday (Aug 3) its second-quarter profit jumped a forecast-beating 48 per cent to a new record as higher interest rates helped drive income ...
DBS Q2 profit jumps 48% to $2.69b; dividend of 48c declared
DBS Group Holdings on Thursday reported record quarterly earnings as higher interest rates continued to lift its margins despite muted loan growth. Wealth management and card fees also rebounded after ...
DBS Q2 profit beats forecasts to rise 45% to S$2.6 billion; declares S$0.48 dividend
SINGAPORE’S largest lender DBS posted a net profit of S$2.6 billion for the second quarter ended June, representing a 45 per cent year-on-year increase from S$1.8 billion. Read more at The Business ...