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SINGAPORE banking chiefs expect the sector and broader Asian markets to remain resilient for the rest of the year, although they foresee slower growth amid macroeconomic uncertainties.

SINGAPORE banking chiefs expect the sector and broader Asian markets to remain resilient for the rest of the year, although they foresee slower growth amid macroeconomic uncertainties.

DEMAND for finance specialists is red-hot, according to a new report by recruiter Robert Walters. Singapore logged over 21,800 new vacancies last year for financial services professionals, reflecting a 76 per cent growth from the prior year and a record high since 2015.

SINGAPORE’S largest bank on Thursday (Aug 4) reported a 7 per cent rise in net profit to S$1.82 billion for Q2 ended June, marking the second-highest quarterly profit in its history.

SINGAPORE’S largest bank on Thursday (Aug 4) reported a 7 per cent rise in net profit to S$1.82 billion for Q2 ended June, marking the second-highest level in its history.

SINGAPORE’S largest bank is looking to make some “judicious investments” on the technology front, as it expects cost-to-income ratio to come down, giving it more capacity to shore up its tech capabilities and talent pool, DBS executive chief Piyush Gupta said on Thursday (Aug 4).

WHILE recession risks and rising inflation may pose uncertainties in near-term growth for the global economy, OCBC expects Asia will continue posting economic growth - albeit slower - for the second half of this year.

CRYPTO has come up frequently in dinner-table conversations of late, as the market continues reeling from recent sell-offs and a spate of bankruptcy filings. Since the stablecoin TerraUSD collapsed in May, several large exchanges and lending firms have filed for bankruptcy protection, leaving clients’ assets trapped in their...

THE appetite for sustainable financing has accelerated in recent years, driven by global initiatives to tackle climate change and promote sustainable development. Institutional and retail investors alike are increasingly putting money into responsible financing structures, such as green bonds and sustainability loans.

GREAT Eastern’s profit attributable to shareholders rose 22 per cent to S$282.9 million for the second quarter ended Jun 30, from S$232.3 million in the same period a year ago.