News
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
Total dividend of 82 cents is 12% higher than the previous fiscal year.
Citi opens two new wealth centres in Singapore
One Holland Village and Parkway Parade have floor areas exceeding 3,000 sqft.
Norinchukin Bank announces senior leadership changes
The leadership changes are effective 1 April 2024.
Ant Group outbids Citadel for Credit Suisse’s China investment bank venture: report
But this faces a “thorough review” because China favors a foreign buyers, sources said.
Mastercard, Octopus enable contactless payments in 180,000 HK touchpoints
Travelers will be able to use their Mobile Octopus across all MTR routes.
Australia’s central bank names first-ever COO
Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.
Citi names J.P. Morgan banker as head of banking, executive vice chair
Viswas Raghavan was CEO of J.P. Morgan in EMEA since 2017.
Hong Kong’s BEA launches WMC 2.0 Southbound services
BEA offers 250 eligible fund products under the expanded WMC scheme.
DBS, Sheng Siong to build sustainable business ecosystem with 1,000 SMEs
DBS will offer upskilling courses and sustainable financing solutions.
E-angpaos sent in CNY tripled in 2024: OCBC
The $100 amount is the most popular e-angpao amount this year.
BSP okays adoption of sustainable finance taxonomy guidelines
It has a “traffic light system” in classifying if finance activities are SFTG-aligned.
MAS investigating Samlit for allegedly failing to remit money to China
The money changer is suspected of failing to comply with obligations as a licensed payment service provider.
Hong Kong’s BEA expected to withstand asset quality strain in 2024: analyst
BEA’s reduced exposure to China’s commercial real estate sector is a positive.
Mizuho appoints Hidekatsu Take as deputy president
He joins group CEO Masahiro Kihara as representative executive officer of MFG.
Bank of East Asia unveils mobile app with personalised interface
Users can create shortcuts for frequently performed tasks and can avail of rewards.
Visa reopens Singapore Innovtion Centre
Amongst those displayed is a pay-by-palm tech where you pay by scanning your palm.
CBA now a validation agent in the global legal entity identifier system
This comes ahead of Australia updating its OTC derivative transaction reporting rules.
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