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IN a bid to grow its international wealth management business, Asian investment bank Nomura has in the past half-year period taken more than 25 private bankers and investment advisers into its fold, over and above a previous recruitment drive that saw 20 wealth management professionals join by January....

WITH DBS closing the results season on Thursday, all three Singapore banks have restored their dividend payouts to pre-pandemic levels.

DBS's net profit for its second quarter rose 37 per cent as it joined its peers in posting a smaller allowance from the year-ago period, it said on Thursday.

DBS maintains a "high degree of confidence" going into the second half of 2021, with full-year allowances unlikely to exceed S$500 million even as Covid-19 infections make a resurgence across Asean, said its chief executive officer Piyush Gupta. 

OCBC and UOB returned their dividend payouts to pre-pandemic levels as the Singapore regulator lifted the cap on dividends paid against their 2021 earnings.

UOB struck a positive note on growth in Asean even as the Covid-19 pandemic continues to ravage key markets, but stopped short of writing back provisions like what global banks have done as uncertainties remain.

OCBC and UOB returned their dividend payouts to pre-pandemic levels as the Singapore regulator lifted the cap on dividends paid against their 2021 earnings.

HSBC Singapore has launched a new mobile in-app feature that allows customers to send money to overseas accounts with the same ease, transparency, and speed of doing a fund transfer and payment in Singapore.

UOB's net profit for its second quarter rose 42 per cent, as more economies reopened and as it posted lower credit allowance, it said on Wednesday.

UOB's net profit for its second quarter rose 42 per cent, as more economies reopened and as it posted lower credit allowance, it said on Wednesday.