UOB on Friday (Jul 29) reported net profit for the second quarter rose 11 per cent year on year, as margins improved and trading and investment income saw some recovery.
THE big 3 Singapore banks are expected to post stronger net interest margins (NIMs) for the second quarter of 2022, following a series of interest rate hikes by the Federal Reserve to combat inflation.
THE big 3 Singapore banks are expected to post stronger net interest margins (NIMs) for the second quarter of 2022, following a series of interest rate hikes by the Federal Reserve to combat inflation.
FROM Jan 1, 2023, fund managers in Singapore will be required to disclose the investment strategies, metrics and criteria of retail funds sold with the environmental, social and governance (ESG) label, as part of the Monetary Authority of Singapore’s (MAS) efforts to tackle greenwashing.
THE Monetary Authority of Singapore (MAS) aims to pave a way towards a future where it will no longer issue new notes for festive gifting by encouraging the public to use fit notes and e-payments solutions.
JESSIE Li believes adaptability is one of the greatest assets amid changing trends in banking and finance.
THE Singapore government securities yield curve has inverted, which means an increase in home mortgage rates and other borrowing costs pegged to short-term interest rates is not far off.
WHILE the Straits Times Index (STI) has outperformed other markets year to date, valuations in the Singapore market still look inexpensive, OCBC said on Friday (Jul 22).
HSBC Asset Management has appointed Charles Li as its new head of wholesale business for Asia, the bank announced in a statement on Wednesday (Jul 20).













