Financial Services
How much are CEOs in top Singapore-listed companies paid?
Compensation of CEOs from the top 30 listed companies typically range between $4m-$5m.
How much are CEOs in top Singapore-listed companies paid?
Compensation of CEOs from the top 30 listed companies typically range between $4m-$5m.
Chinese banks suffer heavy losses as delinquencies hit $17.88b in January
The energy sector saw the most defaults of $6.94b.
Grab ventures into SME lending and micro-insurance
One product is a post-paid and installment payment service called Pay Later.
Singapore firms with overseas ties could fall into global regulatory loopholes: Dow Jones
Despite a world-leading compliance regime, firms risk another 1MDB scandal by failing to assess malpractices of external links.
Mortgage recovery looms for UOB as residential market stabilises
Mortgages will grow to mid-single-digit in 2019 from 4.3% in 2018.
Standard Chartered unit launches startup platform
SC Ventures Fintech Bridge will link the bank with promising startups, investors and accelerators.
InstaReM raises $52.4m in series C funding round
The digital transfer company is expected to IPO in 2021.
EY set to launch startup incubator programme in Singapore
Up to five startups in the fintech, legal tech and regulatory tech space will be offered a six-month rent-free residency at the EY wavespace.
$883b of Asia Pacific assets ate up 26% of the global private equity market in 2018
The region's deal value rose to $165b in 2018, exceeding the all-time high of $159b in 2017.
Singtel's cross-border mobile payment alliance VIA welcomes Japan's NETSTARS
The partnership will add 100,000 stores to VIA’s 1.6 million merchant partners.
Singapore banks' credit costs to rise 5bp in 2020
The IFRS9 will require banks to set aside for anticipated losses.
DBS poaches former Bank of Singapore private banker
He is responsible for driving the expansion of the bank’s wealth planning, family office and insurance offerings.
Crypto exchange platform Quoine found liable for reversing bitcoin trades: court
B2C2 will claim damages from breach of contract and breach of trust.
Finance sector expects weaker job gains in Q2
It was one of the two sectors that have weaker hiring prospects in the upcoming quarter.
UOB prices first Panda bond at 3.49%
The offering has a subscription rate of 2.7 times from asset managers and commercial bank investors.
Money market funds' assets ballooned 40% to $2.6b in last 2 years
The growth was boosted by offshore funds which are typically used by institutional investors.
Citi to set up FX pricing and trading engine in Singapore
It will feature a proprietary pricing and hedging algorithm and offer 23 spot currencies.