Frances Gagua

Carbon offset purchases to be a $100b market by 2030

Carbon offset purchases to be a $100b market by 2030

Financial institutions will play a large role in enabling carbon credit financing and carbon offset purchases, says Deloitte.

Nine in 10 affluent SG investors are wealthier than a year ago: study

One in 2 believe that now is the prime time for long-term wealth creation.

Hong Leong Asia net profits down 27% to S$30.8m in H1

Weaker RMB to SGD exchange rates weighed on revenue.

DBS completes integration of Citi Taiwan consumer business

Almost 3,000 Citi employees are now part of DBS Taiwan.

Citi names Gunjan Kalra as APAC head of Citi Commercial Bank

Kalra has been APAC head of corporate sales and solutions since 2021.

Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts

The digital investment platform held a seminar alongside the product’s launch.

OCBC offers digital invoice financing to SMEs

Over 55,000 SMEs are registered in InvoiceNow.

Hang Seng Bank opens two new cross-boundary wealth management centres

One is in Shenzhen and the other is in Tsim Sha Tsui.

OCBC prices S$550m perpetual capital securities at 4.5%

OCBC served as the sole lead manager and bookrunner for this issue. 

Hiring freeze felt as HK banks focus on talent development

Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.

Fasset superapp aims to use digital assets to drive financial inclusion

The digital asset company plans to eventually offer remittance, lending, and borrowing.

Hong Leong Finance SG profits up 3.2% to S$46.57m in H1

An interim dividend of 3.5 cents per share has been announced.

OCBC reports record net profit of S$3.59b in H1; H1 dividend at 40 cents

The dividend is 43% or 12 cents higher than in H1 2022.

India assures banks it’s ready to manage outflow of Russian funds: report

Russian companies have accumulated billions of rupees in local banks.