Financial Services
Standard Chartered names Dwaipayan Sadhu as Singapore retail banking head
He was formerly the regional head of products and segments for Singapore, ASEAN and South Asia.
Standard Chartered names Dwaipayan Sadhu as Singapore retail banking head
He was formerly the regional head of products and segments for Singapore, ASEAN and South Asia.
Asia's global depository receipts hit US$8.1b in H1
It accounted for 78% of the global capital raised during the period.
AIA Singapore's premium income up 7% to $1.46b in H1
It cited the growth of its renewal premiums.
Default risks rise as Singapore struggles with $12b of maturing bonds
Distress may spread to sectors like logistics, O&G and construction.
UOB unveils Hanoi branch
The move comes after the incorporation of UOB Vietnam as a foreign-owned subsidiary bank.
Big banks hit average dividend yield of 4.5% in H1
DBS led the pack with a dividend yield of 4.9%.
Wirecard partners with OYO to bolster booking services
Services include online payments for booking hotels and homes.
Could bonds buoy Singapore from rising sea levels?
Government bonds could fund its $100b effort to mitigate the effects of climate change.
OCBC in talks with Singtel for virtual bank license: report
The bank may take a minority stake in the joint venture.
DBS plans foray into India's credit card space: report
The bank aims to launch credit card services by Q3 2020.
Singapore banks ace environment sustainability survey
Only four ASEAN banks met targets.
Daily Briefing: Singapore banks on private sector to plug SEA infra gap; Coworking space for healthtech startups launched
And Freepoint Commodities will begin supplying very low-sulfur fuel oil to Singapore in Q4.
Fintech employers eye upsizing staff in next 12 months: survey
Over 1 in 5 employers expects their workforce to double after 36 months.
Chart of the Day: Singapore bank NIMs hit 1.84% in H1
Margins widened in tandem with rising interest rates.
Fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Why new insurers are growing rapidly in Singapore despite low-cost offerings
The market share of FWD and Budget Direct, which both entered the market in 2016, have grown 2,704% and 7,400% respectively.
Chart of the Day: Banks brace for mounting asset risks
New NPL formation rose for all three banks in Q2 due to large overseas exposures.
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