Banks dividend cap
Singapore lifts dividend cap on local banks, financial companies
Singapore lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
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1. OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business 2. Citi hires StanChart veteran to lead Hong Kong corporate banking 3. DBS’ net profit up 1% to S$2.93b in Q1 on record total income 4. DeeMoney CEO says trust will beat acquisition 5. MAS pilots cross-bank AI models to detect scam risksResource Center
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