Featured Archives • Page 925 of 1193 • Financial News

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Singapore bank lending points to ‘green shoots’ in recovery

BANK lending in Singapore rose for the fifth straight month in March as home loans continue to climb. 

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DBS posts record Q1 profit of S$2.01b, declares 18 S cents interim dividend

DBS on Friday morning posted a 72 per cent year-on-year rise in quarterly net profit to S$2.01 billion, up from S$1.16 billion in the year-ago period and beating Refinitiv’s estimate of S$1.43 billion.

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DBS gives up office space, to look at Citi’s assets for sale; hits record Q1 profit

DBS expects to cut its overall physical footprint by about 20 per cent as the bank moves towards a hybrid work model, with the bank's chief executive Piyush Gupta on Friday confirming that it has given up space in financial centres Singapore and Hong Kong.

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DBS sets pace for peers as record Q1 profit shrugs off Covid-19 pain

DBS on Friday showed the blistering pace at which Singapore banks have recovered from the pains felt during the global Covid-19 outbreak last year, as Singapore's largest bank cracked the S$2-billion mark in quarterly net profit.

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Singapore steps up to modernise cross-border payments

SINGAPORE is taking big steps to modernise the cross-border payments scene through a string of recent partnerships, in a bid to ease longstanding payment pains.

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OCBC to review office space needs, may cut number of branches: chairman

OCBC will review its office-space requirements and may cut down on its number of branches, said its chairman Ooi Sang Kuang on Thursday, during the bank's annual shareholder meeting.

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HSBC starts service in Singapore, Hong Kong for Asia family offices

HSBC has launched a new institutional family office service in Hong Kong and Singapore that will cater to family offices in Asia.

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OCBC may cut down on number of branches, reviewing office space requirements: chairman

OCBC will be reviewing its office space requirements and may be cutting down on its number of branches, said chairman Ooi Sang Kuang on Thursday during the bank's annual shareholder meeting that was held virtually.

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Singapore moves to take cross-border payments into the future

SINGAPORE is taking big steps to modernise the cross-border payments scene through a string of recent partnerships, in a bid to ease long-standing payment pains.

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HSBC sets up new family office in Singapore and Hong Kong for Asian families

HSBC has launched a new institutional family office in Hong Kong and Singapore that will cater to family offices in Asia.

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