HONG KONG Singapore's banking regulator has told lenders it will delay by a year the implementation of global rules designed to rein in trading risks - the latest sign that the post-crisis overhaul of the world's banking system may be stalling. The move ... ( read original story ...)
Singapore consultant returns to McKinsey after just 10 months in banking
McKinsey & Co in Singapore has just rehired veteran financial services consultant Reet Chaudhuri from Standard Chartered. He was at Stand Chart for just 10 months and it was his first role at an international bank. Chaudhuri has joined McKinsey as a ... ( read original story ...)
Singapore finance sector sees boom in tech jobs, even as industry growth slows
SINGAPORE -Never mind numeracy skills. To work in a bank these days, a jobseeker is better off being a designer, digital data analyst or tech developers. The Monetary Authority of Singapore (MAS) said in its annual report last week noted a net increase of ... ( read original story ...)
Singapore, China to step up collaboration on five areas in finance
BEIJING: Singapore and China are working to step up their collaboration in five areas in the financial sector, Singapore’s Deputy Prime Minister Tharman Shanmugaratnam said on Thursday (Jun 29). He was speaking to Singapore media on the last day of his ... ( read original story ...)
Singapore PM to Address Family Feud
Jul.02 -- Singapore Prime Minister Lee Hsien Loong and his two younger siblings are embroiled in a spat that centers on the fate of the house that belonged to their late father, the country’s first prime minister, Lee Kuan Yew. Bloomberg's Haslinda Amin ... ( read original story ...)
Oxley Road: Full text of speech by Finance Minister Heng Swee Keat
SPEECH BY MINISTER FOR FINANCE MR HENG SWEE KEAT IN PARLIAMENT ON JULY 4 ... I also interacted with Mrs Lee, both in Singapore and on several overseas trips. I learnt that both of them, especially Mrs Lee, valued their privacy deeply. ( read original story ...)
MAS on 1MDB scandal: ‘naming and shaming’ a better deterrent than big fines
In addition to penalizing the banks, it also barred several individuals from participating in the Singapore finance industry. Singapore is among at least six countries that launched probes into allegations that nearly $700 million had flowed from the debt ... ( read original story ...)
Singapore’s MAS says not time to ease property curbs
Singapore's central bank says it is not yet time to ease property curbs and the adjustments made by the government in March do not signal an unwinding of the measures. While the property market has stabilised, "it is, however, not time yet to ease the ... ( read original story ...)
Fact or fiction: Anyone can trade in Singapore
As Asia and Singapore becomes increasingly digitised, processes get automated and several industries are disrupted by technology, in particular, finance. From robo advisors to even analysts, there is no denying that finance in Singapore has been disrupted ... ( read original story ...)
‘Blockbuster’ listings to lead strong IPO rebound in this major exchange
"Blockbuster" listings such as NetLink Trust will help Singapore's IPO market to rebound strongly in 2017, according to a Deloitte report The current pipeline brings total funds raised so far this year to 3 billion Singapore dollars ($2.2 billion), nearly ... ( read original story ...)
IPO activity expected to for 2017 expected to surpass 2016
Singapore, 3 July 2017 –Singapore’s Initial Public Offerings (IPOs) have raised US$329 million in H1 2017 according to latest figures by PwC Singapore, published today. The volume of IPO funds raised by the end of 2017 is likely to surpass 2016 levels ... ( read original story ...)
SGX’s IPO volume in 2017 expected to surpass 2016’s: PwC S’pore
SINGAPORE – Initial public offerings (IPO) on the Singapore Exchange (SGX) have raised US$329 million (S$454 million) in the first half of this year, showed figures published on Monday (July 3) by business consultancy PwC Singapore, which said the volume ... ( read original story ...)
Singapore IPO activity disappoints in 1H17
Eight IPOs launched in the said period raised only US$324m. The latest report from Ernst & Young Solutions LLP noted that there were five initial public offerings (IPOs) in the second quarter of the year, raising a combined total of US$182m. For the first ... ( read original story ...)
Singapore stock rally has further to run as investors chase yields, Amundi says
"Singapore is actually a high yield market. If you look at the general (equity ... that struggled with investor confidence and thin trading volume after a penny stock rout, a spate of delistings and few initial public offerings (IPO). ( read original story ...)
Singapore Stock Market May Head South Again
(RTTNews.com) - The Singapore stock market has alternated between positive and negative finishes through the last five three trading days since the end of the two-day losing streak in which it had surrendered more than 45 points or 1.4 percent. The Straits ... ( read original story ...)
Singapore Dreams of Its Own J.P. Morgan
There are no new ideas in banking -- no equivalents of flying cars, or even 20-foot containers. The revolutionary thinking in finance is usually dusted off from the archives. Singapore's plan to let bankers play businessmen is no different. That's what J.P ... ( read original story ...)