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New chapter in banking begins as applications open for digital banks, Banking & Finance

New chapter in banking begins as applications open for digital banks, Banking & Finance

Singapore RIDE-HAILING firm Grab is “confident” of meeting the digital banking licence requirements that include “a path towards profitability” on a five-year projection, the unicorn told The Business Times on Thursday. The requirements, spelled out…

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Will banks’ courtships end in marriage?, Banking & Finance

Will banks’ courtships end in marriage?, Banking & Finance

Singapore THE dating frenzy amid the digital banking buzz in Singapore has also hit the three banking incumbents in Singapore, with the lenders understood to have been in talks with digital banking aspirants. While indicative…

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Haidilao founder ousts Far East’s Ng brothers to debut at top of Forbes Singapore Rich List, Banking & Finance

Haidilao founder ousts Far East’s Ng brothers to debut at top of Forbes Singapore Rich List, Banking & Finance

Thu, Aug 29, 2019 – 10:31 AM CONSUMERS’ love for hot pot has propelled Haidilao founder Zhang Yong to the top of the 2019 Forbes Singapore Rich List, with a net worth of US$13.8 billion.…

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RBC Wealth Management hires director for Singapore office, Banking & Finance

RBC Wealth Management hires director for Singapore office, Banking & Finance

  Thu, Aug 29, 2019 – 1:03 PM RBC Wealth Management has appointed Andrew White as director, private banking, for its Singapore office. Mr White’s remit will primarily focus on the business’ Asia’s Global Families…

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Singapore’s new digital banks must show ‘path towards profitability’: MAS, Banking & Finance

Singapore’s new digital banks must show ‘path towards profitability’: MAS, Banking & Finance

Thu, Aug 29, 2019 – 4:00 PM SINGAPORE’S new digital banks must show a “path towards profitability” based on a five-year financial projection, the Monetary Authority of Singapore (MAS) said on Thursday, as the regulator…

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StanChart names Dwaipayan Sadhu new Singapore head of retail banking , Banking & Finance

StanChart names Dwaipayan Sadhu new Singapore head of retail banking , Banking & Finance

Thu, Aug 29, 2019 – 1:16 PM STANDARD Chartered Bank has appointed Dwaipayan Sadhu as its head of retail banking in Singapore, effective Sept 1, 2019.  Based in Singapore, he will report to Patrick Lee, chief…

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Haidilao founder ousts Far East siblings to debut at top of Forbes Singapore Rich List, Banking & Finance

Haidilao founder ousts Far East siblings to debut at top of Forbes Singapore Rich List, Banking & Finance

Thu, Aug 29, 2019 – 10:31 AM CONSUMERS’ love for hot pot has propelled Haidilao founder Zhang Yong to the top of the 2019 Forbes Singapore Rich List, with a net worth of US$13.8 billion.…

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Dowry’s S$1.5b – but suitors are queueing at virtual bank altar, Banking & Finance

Dowry’s S$1.5b – but suitors are queueing at virtual bank altar, Banking & Finance

Singapore THIS may be Singapore’s greatest speed-dating exercise. Roughly a dozen new players are flirting with the banking industry, a heavily regulated sector that’s well aware the biggest liberalisation of the Singapore financial sector since…

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CPFIS funds deliver 1.9% returns for Q2, Banking & Finance

CPFIS funds deliver 1.9% returns for Q2, Banking & Finance

Wed, Aug 28, 2019 – 5:39 PM FUNDS under the Central Provident Fund Investment Scheme (CPFIS) delivered 1.9 per cent on average in the second quarter of 2019 ended June 30. Average returns from unit…

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Strong demand for PSA and UBS issues

Strong demand for PSA and UBS issues

THE Singapore bond market is heating up again, with two deals launched on Wednesday that have been strongly received. by : Siow Li Sen Source link

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