Financial Services
Singapore bank ROEs to hit over 11% in 2020
Thanks to the shift towards fees and commission in the non-interest income mix.
Singapore bank ROEs to hit over 11% in 2020
Thanks to the shift towards fees and commission in the non-interest income mix.
DBS cost-to-income ratio to ease to 43% in 2019
Cost-to-income ratio will dip to 43% from 46.3% in 2018.
Standard Chartered unveils Takashimaya Shopping Centre branch
It features an automated Cash Bag Deposit machine for business banking clients.
OCBC Bank launches token feature on their app
The rollout started in Singapore last month.
Singapore Life acquires prepaid Visa card brand Canvas
The spending tracker platform is expected to launch by mid-2019.
DBS full-year profit surged 28% to $5.63b
Fee income hit $2.78b as led by card and wealth management.
Bank of Singapore and Edelweiss Group tie up to capture the Indian wealth opportunity
The partnership would provide clients of both entities to access to their respective product platforms.
UOB launches its first digital bank in Thailand
‘TMRW’ does not have a traditional app menu as it claims to learn a user’s preference over time.
Former HSBC global banking head Chow Wan Thonh joins Standard Chartered
She will succeed Patrick Lee who was promoted to CEO in July 2018.
CapBridge offers investments into private equity from $5,000
‘Preferred Access’ will cater to those seeking to invest in unlisted private companies.
UOB launches high street Wealth Banking branch at Faber House
It aims to cater to the 476,000 emerging affluent customers in Singapore.
DBS appoints former Citibank Singapore CEO as group head of strategy and planning
Han Kwee Juan is a veteran banker with a formidable 27-year career experience.
DBS wealth management fees to contract 1.3% in 4Q18
The decline is attributed to high net worth clients continuing to be risk averse.
Singapore banks shun risky trading over more stable fees and commissions
The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.
Britannia P&I gets licence to underwrite business in Singapore
It will handle the club’s members in the ASEAN, India, and Australasia.
Daily Briefing: MAS clinches Central Bank of the Year Award; Singapore-based TRIVE Ventures eyeing to clear exit routes for portfolio firms
and here's what to expect in crowd-sourced delivery for 2019.
Business interruption emerges as top business risk in Singapore
Over 2 in 5 businesses said interruption would have the most impact on their revenues.
Read Here
Advertise
Sign Up
