OCBC Bank now allows customers to immediately encash their cash cheques at all its next-generation ATMs across 23 branches, for a maximum of S$30,000 in a single cheque.
RIDE-HAILING firm Grab has inked a partnership with Wirecard which will see the German payments company process GrabPay e-wallet transactions and integrate it as a payment method for its merchants, Wirecard said on Wednesday.
INSURER AIA Singapore posted a 6 per cent rise in operating profit after tax to US$583 million for fiscal 2019 from US$558 million a year ago, it said on Thursday.
OCBC Bank on Thursday confirmed that one of its staff was diagnosed on Tuesday with the novel coronavirus.
JEFFERIES Research on Wednesday upgraded OCBC to a "buy" amid the recent sell-down on Singapore banks, arguing as well that the local trio have historically resilient earnings and dividend cushion.
PRUDENTIAL has unveiled plans to list its US unit Jackson National Life, two weeks after billionaire activist hedge fund manager Daniel Loeb called on the board of the giant insurance group to separate its Asian and US businesses.
JEFFERIES Research on Wednesday upgraded OCBC to "buy" amid the recent sell-down on Singapore banks, arguing as well that the local trio have historically resilient earnings and dividend cushion.
AMERICAN private equity giant KKR has appointed Singapore-based Wong Chee-Wei as its head of global impact for Asia.
AMID the shift towards cashlessness in this part of the world, Standard Chartered's move to digitalise payments through supply chains has driven growth in its regional cash management business, a senior executive from the bank told The Business Times (BT).
GIVEN the crimped margins in the loans business, the allure of private banking is easy to see.