Financial institutions here are doing their bit. Besides the guidelines on responsible financing introduced by the Association of Banks in Singapore in 2015, Second Minister for Finance Lawrence Wong also announced last month that the government will push ... ( read original story ...)
1MDB fallout: Singapore’s central bank bans two more finance professionals
Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. In July, a ... ( read original story ...)
Fintech Singapore 2017 in Review
In addition to collaborating closely with the private sector, the authority has initiated a number of projects of its own to be at the forefront of fintech and digital finance. Year 2017 was all about fostering collaboration, building Singapore’s fintech ... ( read original story ...)
Singapore bans two more finance execs for 1MDB-related money laundering breach
Singapore on Tuesday banned a jailed banker from working in its financial services industry for life over his links to the worldwide money-laundering scandal involving neighbouring Malaysia's state fund 1MDB. In a statement on Tuesday, the MAS said that it ... ( read original story ...)
Four Singapore IPOs raised $3.92b in Q3
NetLink NBN Trust's $2.3b "megadeal" boosted the lineup. Four initial public offerings (IPO) in Singapore raised up to $3.92b (US$2.9b) in Q3, which is 566% higher than last year's amount. According to Ernst and Young (EY), NetLink NBN Trust's $2.3b (US$1 ... ( read original story ...)
Bank of Singapore hires bankers to manage Middle East, Indian money
SINGAPORE (BLOOMBERG) - The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore ... ( read original story ...)
Eyeing overseas Indian wealth, Bank of Singapore to expand Dubai office
The private-banking arm of Oversea-Chinese Banking Corporation is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire ... ( read original story ...)
5 Facts About Singapore-Listed REITs
Singaporeans love to invest in real estate. It is, therefore, no surprise that real estate investment trusts (REITs) have been a popular investment vehicle in Singapore since its debut in 2002. Without further ado, here are five interesting facts about ... ( read original story ...)
What changed market while you were sleeping
At 6.30 am, Nifty futures on the Singapore Stock Exchange were trading 31 points. Benchmark equity indices are seeing strong resistance at higher levels. Analysts believe there could be more consolidation on the indices and investors should rather focus on ... ( read original story ...)
Bank of S’pore hiring staff for Mid-East wealth
The private-banking arm of OCBC Bank is adding more staff in Dubai, as the Singapore lender seeks a greater role in managing the money of the Middle East's wealthy and of Indians living overseas. Bank of Singapore plans to hire about 20 relationship ... ( read original story ...)
Singapore issues another cautionary note on cryptocurrencies
Singapore banking regulator has issued yet another advisory note on investing in cryptocurrencies, reminding the public that these are not recognised as legal tender. The Monetary Authority of Singapore (MAS) said any investment in cryptocurrencies such as ... ( read original story ...)
Bank of Singapore to add more Dubai staff in wealth drive
The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire about 20 ... ( read original story ...)
Bank of Singapore Hires Private Bankers for Mideast Wealth
The private-banking arm of Oversea-Chinese Banking Corp. is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire about ... ( read original story ...)
This is what the banking job market in APAC was really like in 2017
Recruiters in Hong Kong, Singapore and Sydney reveal the realities of the job market this year. https://news.efinancialcareers.com/sg-en/302960/apac-banking-jobs-2017/ If they’re not on holiday already, banking recruiters across Asia Pacific are ... ( read original story ...)
The new Asian billionaires who could reshape your banking job in 2018
now head of banking at search firm IGS Asia in Singapore. “They have less interest in the meagre 2% to 5% returns from products that just serve to beat deposits rates or inflation.” This means RMs are increasingly working behind the scenes with product ... ( read original story ...)
The Singapore Stock Market Today: Clearbridge Health Ltd Makes Its Debut
Welcome to a brand-new week, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended Monday at 3,414.82 points, down 2.12 points or 0.06%. Singapore ... ( read original story ...)