CITI on Friday announced the appointment of banking veteran Lee Lung Nien as the South Asia chairman of its private banking arm.
INTERNATIONAL trust Asiaciti Trust, which was penalised by the authorities over poor anti-money laundering controls, said the failures identified have been fully addressed. Since 2018, the new management team at its Singapore office has also enhanced internal compliance and governance systems to fully meet the requirements, the...
INTERNATIONAL trust Asiaciti Trust, which was penalised by the authorities over poor anti-money laundering controls, said the failures identified have been fully addressed.
SINGAPORE: Private home prices in Singapore in the second quarter edged up 0.3 per cent from the previous quarter, according to updated data from the Urban Redevelopment Authority (URA) on Friday (Jul 24). The private residential property price index increased to 152.6 points in the second ...
SINGAPORE: The number of Housing and Development Board (HDB) flats sold in the resale market in the second quarter plunged 41.9 per cent amid the COVID-19 "circuit breaker" period. Official figures released on Friday (Jul 24) showed a total of 3,426 flats were sold from April to June, falling ......
WASHINGTON: A U.S. congressional hearing scheduled for next week to question the CEOs of Facebook Inc, Amazon.com Inc, Google parent Alphabet Inc and Apple Inc is set to be delayed, according to sources familiar with the matter. The hearing before the antitrust panel of the House of ...
Brooks Brothers said on Thursday it entered into a US$305 million "stalking horse" purchase agreement with retailer SPARC Group LLC, in a move that could preserve the apparel brand as a going concern and help its operations in at least 125 stores.
MAINBOARD-LISTED United Overseas Insurance (UOI), the general insurance arm of United Overseas Bank, saw its net profit shrink by 42 per cent to S$4.9 million for the second quarter ended June 30, 2020, from S$8.4 million for the corresponding period last year.
NEW YORK: Fitbit and other wearable devices typically linked to exercise are being studied as ways to identify people who are potentially infected with COVID-19 before symptoms appear, when they can unknowingly spread the disease. Changes in heart rate, respiratory rate, and other biometrics ...
German Finance Minister Olaf Scholz is seeking a regulatory overhaul to avoid a repeat of the supervisory failures that allowed Wirecard build up a 2 billion euro hole in its accounts before collapsing last month, Sueddeutsche Zeitung reported.
