FORMER Citibank Singapore's head of retail banking Charles Wong is due to join the Grab-Singtel entity bidding for a digital full bank in Singapore, BT understands.
AMID a shake-up at the global level, HSBC Singapore is still on track to grow its headcount and revenues in its retail banking and wealth management segment, and also in its private banking arm, said two senior executives.
TWO Singapore banks have ramped up efforts to boost efficiency in trade finance, an old trillion-dollar industry that until recently had been predominantly based on paper documents.
TWO Singapore banks have ramped up on efforts to boost efficiency in trade finance, an old trillion-dollar industry that until recently had been heavily based on paper documents.
FORMER Citibank Singapore's head of retail banking Charles Wong is due to join the Grab-Singtel entity that is bidding for a digital full bank in Singapore, BT understands.
MAINBOARD-LISTED Sing Investments & Finance (SIF) could lose 3 to 5 per cent of its corporate customers to digital banks. However, it'd be wrong to think that the finance company with 55 years of history is going to take this lying down.
ASIA is riding on unprecedented wealth creation, but for investment banks operating here, executing deals profitably on behalf of tycoons building business empires in this part of the world is far less straightforward.
ALL good things must come to an end. Users of mobile wallet GrabPay and its extension - the physical GrabPay Card - are fast learning this as more and more banks stop credit card rewards for GrabPay top-ups.
Bank lending ticked down by 0.2 per cent in January on a month-on-month basis amid declining business loans, preliminary Monetary Authority of Singapore data showed on Friday.
OCBC will provide abridged financial disclosures for its first-quarter and third-quarter performance in 2020, following the regulator's removal of mandatory quarterly reporting, said the lender on Thursday in response to queries from The Business Times.










