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In The News

StanChart's digitalisation push nets more customers

STANDARD Chartered Bank's digitalisation push is seeing results, with clients converting to transacting on a brand new platform and netting more customers to trade online. The bank's strategy is to focus on the wealth management business, "given the growing affluence in our region and the increasing appetite of our clients for protecting, investing and growing their wealth", said Sumeet Bhambri, StanChart regional head, wealth management, Asean...


DBS banking on platforms instead of pipelines

DBS's latest investment in retail marketplace Carousell comes as banking can no longer be a matter of managing pipes, but has to work by plugging into lifestyles in an "invisible" way, said DBS CEO Piyush Gupta. Mr Gupta's comments came as Singapore's largest bank - which is celebrating its 50th anniversary this year - on Tuesday launched a S$30 million branding campaign that aims for a "live more, bank less" approach. The bank has launched...


Investment Management Association of Singapore names new chief

THE Investment Management Association of Singapore (IMAS) on Wednesday announced the appointment of Carmen Wee as chief executive. This follows the retirement of Michael Lim, who will be stepping down at the end of June 2018. Ms Wee is a veteran of the Singapore investment management industry. Between 2008 and 2012, she was head of sales for Asia at Natixis Global Asset Management. She was also previously senior vice-president, head of...


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