THE 30-year Singapore Government Securities (SGS) (Infrastructure) bonds, expected to be issued on Oct 1, will likely see decent demand, said DBS Group Research in a note.
INFLATION fears are rattling global markets as recent producer price spikes in the United States fuel concerns about an earlier-than-expected tightening from the US Federal Reserve.
DBS Private Bank on Thursday said its client assets under management (AUM) for its in-house managed investment products more than doubled to S$10 billion over the past year alone, driven by demand surge reflective of "buoyant client confidence" in the banks' investment views.
UOB on Thursday launched an integrated green financing solution for electric vehicle (EV) businesses and end-users. This includes automotive brand owners and car dealers.
UBS's hybrid digital wealth management tool My Way, which its chief executive had likened to the "Netflix of banking", had amassed some US$4.2 billion in assets under management nine months since it launched - of which US$1 billion is in Asia.
BANKS in Singapore have had to waive S$500,000 stolen from 75 customers after fraudsters diverted and used SMS one-time passwords (OTPs) meant for verifying credit card transactions.
OCBC has hired DBS veteran Tan Teck Long as its head of global wholesale banking as part of its regular review of its senior management bench-strength to ensure that its top executives remain relevant to the bank's strategic objectives.
BANKS in Singapore have had to waive S$500,000 stolen from 75 customers after fraudsters diverted and used SMS one-time passwords meant for verifying credit card transactions.
