Featured Archives • Page 1196 of 1335 • Financial News

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Seniors taking to online banking; challenge is to keep them hooked post-pandemic

MORE seniors have turned to online banking amid tighter curbs to stamp out Covid-19 in Singapore, but the challenge is in maintaining this shift for the long run, said OCBC's head of e-business Pranav Seth.

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Record number of firms in ‘crossover zone’ in Q1, says Moody’s

A RECORD high of 96 non-financial companies have entered the "crossover zone" - the credit ratings closest to the line between speculative grade and investment grade - by the end of the first quarter of this year.

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Record number of firms in ‘crossover zone’ due to Covid-19, oil price shock: Moody’s

A RECORD high of 96 non-financial companies have entered the "crossover zone" - the credit ratings closest to the line between speculative grade and investment grade - by the end of the first quarter this year.

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Singapore FinTech Association, Razer offer fintech firms up to US$1.5m financing amid Covid-19

THE Singapore FinTech Association (SFA) and Razer Fintech have agreed to provide fintech companies in Singapore bridge financing, equity or equity-linked instruments ranging from US$100,000 to US$1.5 million, they said in a joint release on Thursday.

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iFAST Q1 net profit jumps 126.8% to S$3.6m

WEALTH management fintech firm iFAST on Thursday posted a 126.8 per cent rise in net profit to S$3.6 million for its first quarter ended March 31, 2020, from S$1.6 million a year ago.

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Surge in PayNow Corp sign-ups as firms seek fast support payouts

WITH their shutters drawn and government relief pumped through digital channels, businesses in Singapore have been driven to adapt to electronic payments amid the Covid-19 crisis.

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Singapore banks put to another major test on O&G exposure

WITH oil trading giant Hin Leong making headlines amid the recent collapse of oil prices, the Singapore banks are set to take charges against their broader exposure to the oil-linked sectors but in a more measured way given more prudence today, analysts said.

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Citi Singapore commits to job postings for summer interns

DESPITE challenging times posed by the Covid-19 outbreak, Citi Singapore will offer its 76 summer 2020 interns full-time analyst roles after graduation as long as they meet the minimum programme requirements of the internship, the bank said on Wednesday.

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In China, when small businesses get loans they buy property

By offering cheap loans to small businesses, governments reason, entrepreneurs will continue to pay their employees. That should halt the economic fallout from the coronavirus outbreak. But so far, this endeavour has been a public relations fiasco and a logistics nightmare.

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Citi Singapore to offer summer interns full-time analyst jobs amid ‘challenging times’

CITI Singapore will offer its 76 summer 2020 interns full-time analyst roles after graduation as long as they meet the minimum programme requirements of the internship, the bank said on Wednesday.

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