HSBC Holdings, Europe’s largest lender by assets, is targeting double-digit growth in South-east asia, says Amanda Murphy, the bank’s head of commercial banking for South and South-east Asia.
ENTREPRENEURIAL, open to ideas, and raring to go – these are among the adjectives that come promptly to the minds of bankers and consultants when asked to describe the super-rich Chinese setting up family offices in Singapore.
ADDRESSING and overcoming key barriers towards sustainable investing could present a US$91 billion retail capital opportunity for Singapore, according to a recent report by Standard Chartered.
MORE guidelines, financing and support are needed from governments and other stakeholders when it comes to transition finance in Asia, a new study has found.
SINGLE family offices (SFOs) in Asia Pacific tend to participate in private equity at a later stage, while their European counterparts, which have access to a more mature private market, are more likely to be involved in early stage funding.
SINGAPORE’S Wealth Management Institute (WMI) aims to enrol 5,000 participants into its family office programmes by 2025 in view of strong demand for capability building in the sector.
INCUMBENT banks in Singapore should focus on improving customer engagement as they begin to face competition from digital banks, industry watchers said.
IN Singapore, an individual looking to put up gold jewellery as collateral to borrow cash would typically go to a pawnbroker. In India, however, it is common to do this with a bank. Many of India’s banks offer so-called gold loans, to tap the large gold holdings of...
UOB and DBS are currently reviewing the interest rates on their fixed-rate home loans, with UOB temporarily ceasing its offering, after the Federal Reserve made <a href="https://www.businesstimes.com.sg/companies-markets/analysts-cautious-as-... target="_blank">another interest rate hike</a>.
MALAYSIA will not impose capital controls or peg the ringgit to the US dollar, the central bank said on Friday (Sep 23), as the currency trades near a 24-year low.










