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HSBC eyes special payout after profit jumps, bonus pool cut

HSBC Holdings will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its largest shareholder to pursue a wider break-up of the business.

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HSBC Singapore names 3 senior hires for retail banking and wealth management

HSBC Singapore on Thursday announced three new senior appointments within its retail banking and wealth management unit.

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Stocks to watch: EHT, SPH Reit, LMIRT, Genting, MoneyMax, MindChamps

THE following companies saw new developments that may affect trading of their securities on Friday:

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Hong Kong central bank leaves interest rate unchanged, tracking Fed move

THE Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75 per cent, tracking a move by the US Federal Reserve to keep rates steady.

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Blackstone plans US$500 billion Europe investment: CEO

BLACKSTONE is planning to invest as much as US$500 billion in Europe over the next 10 years, underlining the continent’s growing appeal...

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UK’s Direct Line plans to cut 550 jobs, posts fall in gross premiums

DIRECT Line Insurance Group unveiled plans on Monday (Nov 11) to cut 550 roles, or about 5 per cent of its global...

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HSBC Singapore appoints new head of SME banking

HSBC Singapore has appointed Alan Ng as its new head of business banking, it announced in a press statement on Monday (May 30).

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OCBC customers can now scan QR code for ATM cash withdrawals

OCBC customers can now make ATM cash withdrawals via a QR (quick response) code, removing the need for ATM cards.The bank is the first in Singapore to offer cardless withdrawal at most of their ATMs islandwide in a bid to "make this old-line banking activity a little...

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CIMB offers relief to Singapore retail customers amid virus outbreak

CIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week. 

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OCBC users hit by log-in, payment issues; services restored by 2.30 pm

More than 570 outage reports were lodged on tracking site Downdetector from around 11 am

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