OUTGOING OCBC chief Samuel Tsien took home a total salary of S$8.6 million in 2020, about 22.5 per cent lower than S$11.1 million in 2019, the bank's annual report showed on Monday.
INVESTMENT firm Sun Venture has obtained an 85.5 million-pound (S$159.2 million) green loan from OCBC through the bank's London branch, the two entities said in a joint release on Monday.
IT IS quite impossible to miss the reference to ESG in the financial world today. More attention is being brought to the environmental, social, and governance - or ESG - impact of financing and investment decisions.
HSBC last month held a book club discussion for its affluent customers, a refreshing change from the usual investment talks or food and alcohol events banks dish out to woo clients.
A BIG question mark looms over how the inclusion of Nasdaq-listed Sea Ltd on a market index would finally weigh on the shares of Singapore banks - key components of this critical benchmark.
THE losses that came with the blockage of the Ever Given container ship lodged along the Suez Canal is largely manageable for most insurers and reinsurers in spite of uncertainties around long-tail liability, said a Moody's Investors Service sector report on Thursday.
CITI announced in an internal memo on Wednesday that Kartik Mani will be its new head of Asia Consumer Bank effective immediately, taking over from predecessor Gonzalo Luchetti, who has moved on to lead Citi's consumer banking unit in the US.
MAJOR investment banks around the world face multi-billion-dollar losses after a family office, Archegos Capital Management, failed to meet margin calls on sliding speculative stock and derivative positions.
SINGAPORE's bank lending extended its growth streak for the fourth straight month in February, lifted by continued growth in housing and construction loans.
