SINGAPORE-BASED investors have been found to value confidence, financial comfort and risk tolerance more than investors in Hong Kong and Taiwan and are least likely to be impulsive with their investments.
BRITISH life insurance and financial services company Prudential plc has priced US$1 billion worth of new notes, maturing in 2030, at 3.125 per cent.
SINGAPORE’S digital banking contenders will need to wait a bit longer to know whether they are successful in their applications.
DBS announced on Thursday that it is partnering Chinese consumer electronics maker Haier Group to provide digital financing to the latter's downstream distributors within 24 hours – the first foreign bank to do so.
CITI Singapore is giving around 1,600 employees a S$1,200 one-off special compensation award to ease the impact from the Covid-19 situation. The move is expected to cost S$2 million.
CITI Singapore is giving around 1,600 employees a S$1,200 one-off special compensation award to ease the impact from the Covid-19 situation. The move is expected to cost S$2 million.
THE Monetary Authority of Singapore (MAS) on Wednesday rolled out a S$125 million support package for financial institutions and fintech firms, the bulk of which will go to training employees amid the current economic slump.
SINGAPORE banks, which are major employers here, have pledged no retrenchments as a result of the novel coronavirus outbreak.
UOB's chief executive Wee Ee Cheong recorded a 1.8 per cent increase in 2019 total salary to S$10.75 million, up from S$10.56 million, the bank's annual report put out on Wednesday showed.
INTEREST rates for fixed deposits (FDs) have gone down - in tandem with the slashing of the United States Federal Reserve funds rate - some by as much as 1.02 percentage points.
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