Singapore
DBS names new group head of consumer banking, Singapore country head
She Tse Koon takes over from Sim S. Lim, who is retiring from executive duties.
DBS names new group head of consumer banking, Singapore country head
She Tse Koon takes over from Sim S. Lim, who is retiring from executive duties.
High interest rates carry DBS to record net profit of $6.14b in 2022
Total income surpassed S$16b for the first time in the bank’s history.
Trust for Singapore banks rises for second consecutive year: study
The index rose to 70 points, indicating high trust in banks.
Deutsche Bank names Serene Wee as managing director for SEA wealth business
Wee joins from Credit Suisse, where she spent 19 years working with UHNW clients.
OCBC CEO Helen Wong appointed as executive director
She will now assume responsibility for both roles.
GXS Bank names former SGX president as group CEO
Since stepping down in 2019, Muthukrishan Ramaswami has served on the boards of GovTech Singapore and Temus.
IWG, Standard Chartered launch co-working space within bank branch
Spaces@SCB is located within the bank’s Serangoon Gardens branch.
Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
The Rapid Evolution of Digital Banking
Yves Roesti, Managing Partner and CEO, and Rahul Bansal, Associate Partner, Synpulse.
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
Standard Chartered launches Signature CIO funds
Minimum investment amount is S$1,000.
Citi names Tibor Pandi as Citi country officer for Singapore
Pandi has worked in Citi for 22 years.
Wilmar International bags US$200m sustainability-linked trade finance facility
It sealed the deal with Standard Chartered.
UOB to issue S$850m perpetual capital securities with 5.25% rate per annum
The distribution rate will reset on 19 January 2028 and every five years thereafter.
Bank of Singapore names ex-Goldman Sachs SG CEO as new chief
Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019.
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