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SHARES of Singapore banks extended their slump in the afternoon trading session, with the Singapore interbank offer rate (Sibor) also falling following the emergency Fed rate cut earlier this month.

SHARES of Singapore banks closed on Monday at new 52-week lows, with the Singapore interbank offered rate (Sibor) also falling following the emergency Fed rate cut earlier this month over the novel coronavirus outbreak.

MAPLETREE Investments has obtained a 200 million euro (S$310 million) sustainability-linked loan from OCBC Bank, which will be used for general working capital and corporate funding purposes.

DBS Group Holdings chief executive Piyush Gupta had his 2019 pay rise just about 2 per cent to S$12.13 million, the bank's latest annual report on Monday showed, with 2019 marking his 10th year at Singapore's largest bank. 

CITI Research on Monday downgraded the Singapore banks to "sell", seeing further material downside on the trio's share prices as the bank-brokerage expects short-term Fed interest rates to hit and stay at zero for much of the next nine months.

CITI Research on Monday downgraded the Singapore banks to "sell", seeing further material downside on the trio's share prices as the bank-brokerage expects short-term Fed interest rates to hit and stay at zero for much of the next nine months.

UNITED Overseas Bank (UOB) and Prudential Singapore have launched a savings account that offers complimentary medical insurance for six female-related cancers, believed to be the first such a savings plan in Singapore.

WORK in a call centre, fielding calls from time-pressed and typically irate clients, is typically dismissed as a dead-end, tedious job. But Dan Watkins, Asia Pacific chief executive of JP Morgan Asset Management, is proud of his humble start in asset management more than two decades ago....

FWD Group, the insurance arm of Hong Kong's investment conglomerate Pacific Century Group, has appointed Khor Kee Eng as the chief executive officer (CEO) of FWD Singapore.

FITCH Ratings on Thursday said Mitsubishi UFJ Financial Group's (MUFG) <a href="https://www.businesstimes.com.sg/garage/grab-raises%C2%A0us850m-to-expan...$706 million investment</a> in ride-sharing firm Grab shows growing interest by Japanese banks to expand in South-east Asia and upgrade their technology capabilities.