Singapore-based firms raised US$816.9b from equity capital

IPO proceeds soared 479.8% to US$344.4m and bolstered ECM activity. Singapore-based companies raised US$816.9b from equity capital markets (ECM) YTD, marking a 32.7% increase YoY and the strongest start to a year since 2013, Thomson Reuters revealed. ( read original story ...)

Bank of Singapore Seeks to Expand Its Family Office Business

Bank of Singapore, the private bank of Oversea-Chinese Banking Corp., is looking to expand its family office business as the city-state rolls out the red carpet for wealthy investors. “We are seeing increasing demand for families moving into the next ... ( read original story ...)

VP Bank Names Private Bank Head Singapore

Liechtenstein-based VP Bank Group named an industry veteran head of private banking at its Singapore business. The banker joins from a local rival. Pun joins from Standard Chartered private bank in Singapore where her last role was managing director and ... ( read original story ...)

Singapore and Lithuania agree fintech collaboration deal

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement ... ( read original story ...)

Yes Bank launches a digitised trade finance solution

The initiative aims to bring over one lakh trade transactions going entirely digital, across major geographies including China, US, Singapore, Germany and Hong Kong. BENGALURU: Private sector lender Yes Bank has launched a robotics based ‘Digital export ... ( read original story ...)

Central banks of Lithuania, Singapore to cooperate in fintech

The central banks of Lithuania and Singapore have signed an agreement on cooperation in the field of financial technologies, known as fintech, reports LETA/BNS. Photo: lb.lt The Bank of Lithuania said it had signed the deal with the Singaporean monetary ... ( read original story ...)

Singapore Shipping Association: Cash raising exercise

However, for Esben Poulsson there’s no time to celebrate, it’s more important to bolster some weaker parts of Singapore’s maritime jigsaw. The area the SSA president wants to boost the most is in finance. Going forward, Poulsson wants to make it as ... ( read original story ...)

Car costs make Singapore world’s priciest city. Again

The eye-watering cost of owning a car in space-starved Singapore means the city state is the world's most expensive place to live, for the fifth year in a row, a survey said Thursday. The Asian financial hub -- where owning a no-frills sedan can set you ... ( read original story ...)

Singapore Bourse May Take Further Damage On Thursday

(RTTNews.com) - The Singapore stock market on Wednesday halted the four-day wining streak in which it had advanced more than 100 points or 3 percent. The Straits Times Index now rests just shy of the 3,540-point plateau and the losses may accelerate on ... ( read original story ...)