Financial Services
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.
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.
Chart of the Day: Singapore banks' dividend yields tower over ASEAN peers at 5.1% in 2019
Such levels are higher than banks in Indonesia and the Philippines.
Former SMRT CEO Desmond Kuek joins UBS' global wealth management team
Kuek will serve as the bank’s divisional vice-chairman by18 February.
3 in 5 Singaporeans believe fintechs are as trustworthy as banks: survey
Around 13% even believe that fintechs deserve more trust than old-guard lenders.
Singapore police probes Wirecard after report on fraud allegations
An executive in Singapore reportedly used forged contracts for suspicious transactions.
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
Government urged to hike CPF contribution rate for workers above 55 to 37%
It will ensure that older workers are paid the same as their younger colleagues.
Grab clinches $269.16m investment from Thai retail tycoon Central Group
They will partner to enhance Grab's retail and logistics services in Thailand.
OUE Hospitality Trust NPI up 0.08% to $112.8m in 2018
The firm saw stable RevPAR from Crowne Plaza Changi Airport and Mandarin Orchard Singapore.
UOB and Grab kickstart digital partnership
Consumers can now apply for the UOB One Card from the Grab app.
APAC's asset and wealth managers to hit US$29.6t in AUM by 2025
Shanghai is set to rise as an AWM hub along with Singapore and Hong Kong.
Banks grapple with tepid margins in 2019
Net interest margins are set to rise by 3-5bp.
Singapore banks amp up technical hiring to plug digital vacancies
Banks are focusing their digitalisation efforts in the Lion City.
Hong Kong accounting firms are digitising faster than their Singapore counterparts
Only 34.5% of firms use automation apps compared to 81% in Hong Kong.
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