Citibank said it will exit consumer/retail operations in 13 countries across Asia and Europe, including India, to focus on the institutional and wealth management business in these markets. ( read original story ...)
Citigroup Asia retail units set to attract DBS, UOB, StanChart: Sources
Binding bids for Citigroup's units in Indonesia, the Philippines, Taiwan and Thailand are due on Friday, while offers for the India unit are due next week, sources said.. Read more at straitstimes.com ... ( read original story ...)
DBS, StanChart plan to bid for Citigroup Asia retail units
DBS Group and Standard Chartered are among the lenders planning to bid for Citigroup's consumer banking assets across five markets in Asia. ( read original story ...)
Citigroup Asia Retail Units Set to Attract DBS, StanChart
DBS Group Holdings Ltd. and Standard Chartered Plc are among the lenders planning to bid for Citigroup Inc. consumer banking assets in Asia as the U.S. lender divests units across five markets in the ... ( read original story ...)
Citigroup Asia retail units set to attract DBS, UOB, StanChart
Binding bids for Citigroup's units in Indonesia, the Philippines, Taiwan and Thailand are due on Friday, while offers for the India unit are due next week, sources said.. Read more at straitstimes.com ... ( read original story ...)
Singapore arbitration panel says India’s Future Retail is party to dispute with Amazon-order
A Singapore arbitration panel on Wednesday declined Future Retail's bid to exclude itself from an ongoing commercial dispute with Amazon.com Inc, according to an order seen by Reuters, the latest ... ( read original story ...)
Singapore says healthcare system risks being ‘overwhelmed’ as virus surges
Singapore's healthcare system is at risk of being "overwhelmed" by surging coronavirus infections, government officials warned Wednesday, a day after the city-state expanded quarantine-free travel as ... ( read original story ...)
Coronavirus: Singapore extends two-person limit on dining in, social gatherings as hospitals risk ‘being overwhelmed’
The two-person limit on groups will stay until November 21, as minister Lawrence Wong warns isolation beds and intensive care units are filling up. ( read original story ...)
Singapore Extends COVID-19 Stabilisation Phase Till Nov 21 Amid Rising Cases
Social gatherings were capped to a maximum of two while work-from-home became the default arrangement, among other measures. ( read original story ...)
Singapore to counter trade-based money laundering with new platform
The Monetary Authority of Singapore (MAS) is readying the launch of a new digital platform to tackle financial crime in the city-state’s banking sector, with the initial phase of the project set to ... ( read original story ...)
Citigroup Asia Retail Units Set to Draw Bids From DBS, StanChart
DBS Group Holdings Ltd. and Standard Chartered Plc are among the lenders planning to bid for Citigroup Inc. consumer banking assets in Asia as the U.S. lender divests units across five markets in the ... ( read original story ...)
How Singapore’s ‘zombie’ stock exchange is undermining its financial hub dream
Singapore's stock market has always been one of Asia's less exciting bourses but, over recent years, it has gone from being just boring to being practically a zombie. The dearth of new listings in the ... ( read original story ...)
Mideast Fertilizer Firm Fertiglobe Raises $800 Million in IPO Backed by Singapore
Abu Dhabi’s state energy company and OCI NV raised $795 million by listing their Middle Eastern fertilizer venture, drawing around $17 billion of orders and attracting investors including a Singapore ... ( read original story ...)
Singapore-Based Family Office Network Launches
Family offices are growing in Singapore, and the jurisdiction is promoting the sector on a number of fronts. As if to underline the point, the Oppenheimer dynasty associated with the mining giant ... ( read original story ...)
Best Credit Card Promotions (October 2021): Apple iPad, Ergotune Classic Chair & More
I have to admit, I absolutely love credit card promotions. These days, banks offering the best credit cards in Singapore compete so hard for new customers that they practically rain Apple ... ( read original story ...)
Singapore businessman wanted by FBI fined S$210k over falsified invoices to hide dealings with N. Korea
A businessman on the United States Federal Bureau of Investigation's (FBI) most-wanted list for allegedly laundering millions of dollars for North Korea was fined S$210,000 in a Singapore district ... ( read original story ...)