IT is possible that the dividend cap for Singapore banks could be extended into FY21, given the lower net interest income, relatively soft credit demand and uncertainty over asset quality, said DBS Group Research.
HOMEGROWN insurer Singapore Life (Singlife) intends to merge with Aviva Singapore in a deal valued at S$3.2 billion, which will make it one of the largest in the South-east Asian insurance sector and the largest in Singapore.
PARIS-BASED insurtech company Descartes Underwriting has raised US$18.5 million in Series A funding, which will be used to support its global expansion to the US and Asia, including Singapore.
IT is possible for the dividend cap for Singapore banks to be extended into FY21, given the lower net interest income, relatively soft credit demand and uncertainties over asset quality, said DBS Group Research.
THE ongoing pandemic has sparked Asia's renewed focus on sustainable investing (SI), with wealthy families increasingly turning to businesses that are able to tide over the global health crisis.
FRESH guidelines from the Singapore regulator on the financial industry state that most financial institutions should have a succession plan that is "regularly reviewed and updated".
STANDARD Chartered veteran Judy Hsu will be moved to a global role from Jan 1, 2021. She will take charge of a new consumer, private and business banking (CPBB) business under a slew of changes in the bank's organisation structure.
STANDARD Chartered veteran Judy Hsu will be moved to a global role from Jan 1, 2021. She will take charge of a new consumer, private and business banking (CPBB) business under a slew of changes in the bank's organisation structure.
UBS, the world's largest wealth manager, on Thursday announced that sustainable investments are now the firm's preferred solution for private clients investing globally amid the Covid-19 pandemic.
FRESH guidelines from the Singapore regulator on the financial industry state that most financial institutions should have a succession plan that is "regularly reviewed and updated".
