Featured Archives • Page 957 of 1270 • Financial News

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Asia’s wealthy find favour in digital approach for discretionary mandates: UBS

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.

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‘Supernormal’ returns traditional banks enjoy to erode as challengers emerge: JPMorgan

THE industry stronghold held by banks, thanks to their access to cheap deposits, had for years allowed them to generate "super-normal" returns.

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Banks waive S$500,000 stolen via fraudulent card payments

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.

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OCBC hires DBS veteran as head of global wholesale banking

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.

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Banks in Singapore waive S$500,000 stolen via fraudulent card payments

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.

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UOB prices Sonia benchmark covered bonds due 2026 in £850m issuance

UOB has priced £850 million (S$1.58 billion) of floating-rate covered bonds due 2026.

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Brand reputation top reason for Singapore investors to include ESG in decision making: study

BRAND reputation is the top reason why Singapore investors incorporate environmental, social and governance (ESG) considerations into their investment decision making, far outstripping the Asia Pacific (APAC) average, according to a study by French bank BNP Paribas.

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Singapore, India to link real-time payment systems PayNow, UPI by 2022

THE Monetary Authority of Singapore (MAS) and the Reserve Bank of India are planning to link their respective countries' national real-time payment systems, PayNow and Unified Payments Interface (UPI), by July 2022.

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OUE unit proposes to issue S$150 million 3.5% notes due 2026

PROPERTY developer OUE, through its wholly-owned subsidiary OUE Treasury, is proposing to issue S$150 million notes with a fixed interest rate of 3.5 per cent per annum due 2026, to be issued under its S$3 billion multi-currency debt issuance programme.

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Brand reputation the top reason for Singapore investors to include ESG in decision making: BNP Paribas study

BRAND reputation is the top reason why Singapore investors incorporate environmental, social and governance (ESG) considerations into their investment decision making, far outstripping the Asia Pacific (APAC) average, according to a study by French bank BNP Paribas.

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