"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.
SINGAPORE credit agencies’ ratings can still be recognised in Europe, even though the EU no longer considers them equivalent, the republic’s central bank affirmed on Monday evening.
THE chief executive of Delong Holdings revived his bid to privatise the company on Monday, even as the Securities Industry Council (SIC) ruled that an aborted buy-out attempt in late 2018 breached Singapore’s takeover code.
THERE are serious downsides to dropping interest rates that are already low. This may sound heretical, given the enthusiasm on Wall Street and in Washington for the interest rate cut that's expected to emanate from the Federal Reserve in a few days. But it's true.
OCBC sees itself sitting in a sweet spot when it comes to cash management and other transaction banking services, with the bank holding a large chunk of primary bank accounts that capture the cashflow of small and medium enterprises (SMEs) with rising regional ambitions, said Melvyn Low,...
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