Tag: stock market

NEW YORK (AP) -- European banking giant Deutsche Bank announced plans to raise at least $8.5 billion in capital and sell off a stake in its asset management business, in a move to help shore up the troubled German firm. Deutsche Bank will issue 687.5 ... ( read original story ...)

... Singapore is also supported by the Monetary Authority of Singapore (MAS) who will provide feedback to the startups on regulatory matters. Neal Cross, Chief Innovation Officer at DBS Bank said: “Startupbootcamp FinTech has been doing amazing work in ... ( read original story ...)

He was working in exchange traded derivatives within the global markets team at UOB in Singapore, and he’d reached vice president level. But Tan wanted to make sure his skills stayed relevant for a long-term career in banking. “I had financial markets ... ( read original story ...)

Bank earnings reports are likely to confirm these negative ... Media Relations: Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com. ( read original story ...)

We have recently built Asia’s biggest banking innovation center in Singapore, called DBS Asia X (DAX), which underscores our ongoing commitment to shaping the future of banking and emracing the future of work. What sort of digitization efforts are being ... ( read original story ...)

agreed to sell its wealth and investment management business in Hong Kong and Singapore to a unit of Singapore's Oversea-Chinese Banking Corp (OCBC) (OCBC.SI). A crackdown on money laundering by Asia's main private banking centres is forcing wealth ... ( read original story ...)

A statement by Manulife said this suggests that Singapore millennials who bank on rental income may need to seek other alternatives. Wendy Lim, Manulife Asset Management chief executive, said: "Overall in the last decade or so we have seen yields falling ... ( read original story ...)

So how can Singapore investors get on the bandwagon? Singapore’s Start-Up Opportunities As a leading economy in South-East Asia and a mature financial industry, Singapore is a regional hub for start-ups and for good reason. Good regulatory support ... ( read original story ...)

Professor of Banking and Finance at Insead, Singapore, in an exclusive essay for finews.com. The euro-zone banking market met recently two episodes of great instability. In September 2016, Deutsche Bank was threatened by the U.S. Department of Justice with ... ( read original story ...)

Singapore to deploy S$45m worth defence tech labs to counter terrorism and drone attacks Singapore is all geared up to launch two new defence tech labs to aid next-gen Singapore Armed Forces (SAF) in their counter-terrorism operations and prevention of ... ( read original story ...)

Finance Minister Heng Swee Keat said besides spending prudently and effectively there is a need to grow Singapore's revenue through new taxes or raising taxes over time. During his Budget 2017 round-up speech, the minister noted that this challenge of ... ( read original story ...)

Credit Suisse in Singapore has launched two solutions in the digital space to keep up with consumer expectations: digital client on boarding for private banking and automated account aggregation and reporting. Digital client onboarding for private ... ( read original story ...)

Mesitis will enable the bank’s Singapore-domiciled clients who have accounts with Credit Suisse’s Singapore Branch to participate in a pilot program to gain access to Canopy that allows access to bankable and non-bankable assets across different ... ( read original story ...)

And it wants to poach bankers who’ve just moved from Barclays to Bank of Singapore. http://news.efinancialcareers.com/sg-en/213178/this-is-what-your-private-banking-salary-and-bonus-should-be-in-singapore/ The ex-Barclays bosses heading up Standard ... ( read original story ...)

SINGAPORE Singapore's inflation rose at its fastest pace in two years in January, led by services and oil-related items, virtually shutting out the prospect of further monetary policy easing at the central bank's next meeting in April. The all-items ... ( read original story ...)

(Bloomberg) -- Deutsche Bank AG plans to review strategic options over coming weeks that include a capital increase and the partial sale of its asset-management business, according to people with knowledge of the plans. The supervisory board is scheduled ... ( read original story ...)