WOULD you pay a bank for the privilege of holding your money? This is a question that wealthy savers are having to ask themselves as lenders start passing negative interest rates onto their biggest account holders. The Swiss banks UBS Group AG and Credit Suisse AG are in...
EVERY year, roughly 35,000 suspicious transaction reports (STRs) are filed with the Singapore regulators by banks and other businesses to flag financial transactions that may smell fishy, Singapore regulators told The Business Times.
CITI'S private banking business is looking to leverage Singapore's strategy in wooing more global family offices, with the city-state seen to have a "real lead" over the rest of the region, said Peter Charrington, global head of Citi Private Bank.
THERE are thousands of corporate services firms in Singapore that offer Singapore residents as directors of Singapore-incorporated companies for as little as S$250 a month.
LUNCH affairs with Singapore Exchange (SGX) head of global sales and origination and executive vice-president, Chew Sutat, does not come cheap. But it is not because he prefers fine dining or a lavish meal, but rather, he is always looking out for opportunities to raise funds. ...
THE European Central Bank will doubtless cut its overnight deposit rate even deeper than the current -0.4 per cent at its next meeting in September. That doesn't mean it's the right way to try to breathe life into the euro zone economy. It might just make things worse.
HSBC Singapore has launched its first overseas mortgage solution, which will initially be offered to customers looking to finance residential property investments in Australia, before being rolled out to other markets.
HSBC Singapore on Wednesday launched its first overseas mortgage solution, that will initially be offered to customers looking to finance residential property investments in Australia, before being rolled out to other markets.
TRADING activity in Singapore Exchange (SGX) USD/CNH futures spiked to a record high at the start of the week, with volumes surpassing an unprecedented US$10 billion per day.
TRADING activity in Singapore Exchange (SGX) USD/CNH futures spiked to a record high on Monday, with trading volumes surpassing US$10 billion per day for the first time.













