Posts Tagged ‘Oversea-Chinese Banking Corp’

Singapore’s OCBC seeks Chinese partner for China securities business

By BLOOMBERG
SINGAPORE • Oversea-Chinese Banking Corp (OCBC) is looking for a Chinese firm to team up with on a securities joint venture (JV) on the ...

India’s Edelweiss inks MoU with Bank of Singapore

By BLOOMBERG
SINGAPORE • Oversea-Chinese Banking Corp’s private bank plans to form a partnership with Edelweiss Group that allows wealthy Indians to ...

S’pore economy ends 2018 on slower note

Home prices post 1st decline in 6 quarters as the govt’s cooling measures imposed in July started to bite 
By BLOOMBERG ...

Singapore braces for slower growth in 2019

Growth is seen easing to 1.5%-3.5% in 2019 from a projected range of 3%-3.5% in 2018 says Trade Ministry
By BLOOMBERG SINGAPORE • ...

China’s capital controls keep a bad year from getting worse

By BLOOMBERG
HONG KONG • In many ways, it looks like the perfect environment for Chinese capital outflows: Economic growth is slowing, US interest ...

Wealth managers getting ‘crazy’ pay hikes to defect in Asia

On average, a relationship manager at a major bank handled RM1.4b in AUM last year, according to Asian Private Banker
By BLOOMBERG ...

New PBoC chief kicks off reign with ‘very clever’ reserves move

By BLOOMBERG
BEIJING • Technocrat Yi Gang fended off heavyweight political contenders to become China’s first new central bank governor in 15 years. On ...

S’pore banks profit rises as bad loans increased

By BLOOMBERG
SINGAPORE • Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank Ltd (UOB) reported higher fourth-quarter (4Q) profit even as they ...

Solid Singapore growth lays ground for possible tax hikes

The solid data are giving credence to economist forecasts for higher taxes when the govt releases its budget on Feb 19
By ...

Bank of Singapore hires private bankers for Mideast wealth

The bank plans to hire about 20 relationship managers in 2018 to cater to non-resident Indians and rich people in the Arab world
SINGAPORE • The ...

DBS profit sinks on bad loans

By BLOOMBERG
SINGAPORE • DBS Group Holdings Ltd CEO Piyush Gupta (picture) was determined to put the pain of soured energy industry loans ...

S’pore cryptocurrency firms facing bank account closures

By BLOOMBERG / Pic By CHRIS RATCLIFFE BLOOMBERG
SINGAPORE • Singapore bank shave closed accounts of several companies which specialise in ...