OCBC customers can now make ATM cash withdrawals via a QR (quick response) code, removing the need for ATM cards.
OCBC customers can now make ATM cash withdrawals via a QR (quick response) code, removing the need for ATM cards.The bank is the first in Singapore to offer cardless withdrawal at most of their ATMs islandwide in a bid to "make this old-line banking activity a little...
HOUSING loans in Singapore extended its slide in June, but the drop was more than offset by higher lending to businesses, resulting in an increase in total loans for the month.
MORGAN Stanley's Asian economics team, led by my colleague Deyi Tan, remains concerned about the impact of trade tensions on GDP growth in the region. In particular the team worries that continued uncertainty will affect investment activity and that downside risks to forecasts are increasing. In early...
"PRIVATE equity firms and investors are increasingly looking to take a chance on companies in the early stages of growth. Having said that, early-stage investments in startups have the potential for great rewards - typically five to 10 times more dollar value than a later-stage investment. ...
EUROPE no longer considers ratings from credit agencies here to be equivalent to those issued by agencies in the continental trading bloc.
IN many ways, bankers seem to be getting ready for Britain's exit from the European Union. Bank of America is setting up a new Paris office. A Deutsche Bank executive received a multimillion-euro bonus for overseeing preparations. Estimates of the number of jobs to be moved from the...
CHINA-based regional commercial lender Bank of Suzhou (BSZ) has made its first foray out of China with the opening of a representative office in Singapore.
DBS Group is expecting its growth to shift to a lower gear in the second half of the year due to "global synchronised slowdown".
DBS is "relatively confident" about taking on digital bank challengers, as it is fairly advanced in terms of its digital capabilities and solutions on the back of its headstart, said CEO Piyush Gupta at its second quarter results briefing on Monday.