Financial Services

Chart of the Day: What are the top targeted M&A deals in Q1?

CapitaLand's US$7.9b acquisition of Ascendas is the largest M&A so far in SEA.

Chart of the Day: What are the top targeted M&A deals in Q1?

CapitaLand's US$7.9b acquisition of Ascendas is the largest M&A so far in SEA.

Hyflux troubles trickle down as nearly $4b corporate bonds mature by end-2019

Hyflux's distress may just be the beginning of a series of default risk situations.

UOB prices US$600m notes at 3.75%

These will be rolled out by 15 April.

Singapore banks lead STI gains with 6.1% rally in April YTD

Their average 2019 YTD total return stands at 8.6%.

Chart of the Day: Which sector dominated Singapore's bond market in Q1?

This sector raised US$2.6b from the debt capital markets.

Singapore equity proceeds skyrocket 145.8% to US$2.3b in Q1

Follow-on offerings, which soared 579.2% offset weakening IPO proceeds.

OCBC CEO Samuel N. Tsien's salary up 10.42% to $10.70m in 2018

The bank’s full-year profits rose 11% YoY to $4.49b.

Singapore inks fintech innovation deal with Cambodia

Both countries will share information on emerging market trends and financial regulatory issues.

Nomura slashes eight of nine equity research jobs in Singapore

It has been grappling with overseas and domestic losses for four straight quarters.

UOB CEO Wee Ee Cheong's salary rose 12.58% to $10.56m in 2018

The bank’s full-year profits rose 18% thanks to loan, card, trade, and fund management fees.

1 in 2 fares will be paid through contactless modes by 2024: UOB

LTA's SimplyGo contactless payment system will launch on 4 April.

Changi Airport Group to launch integrated QR payment apps

The integrated payment platform will allow retailers to accept e-wallets such as GrabPay, Liquid Pay, Singtel Dash, and PayNow.

Bank of Singapore unveils European wealth subsidiary

The private bank opened branches in London and Luxembourg.