In The News

Bank of Singapore set to notch record growth of up to 15%

SingaporeBANK of Singapore is back on track to post double-digit growth for 2014, likely as much as 15 per cent, according to its outgoing chief executive, Renato de Guzman."This year we'll have record growth," said Mr de Guzman, who's better known as "Bing" to everyone in the private bank's headquarters. "We could end 2014 with AUM (assets under management) of US$52-53 billion," he told The...


OCBC tops buy volume with S$490.6m

GLOBAL mutual funds were net buyers of Singapore stocks in the three months to Dec 3. Based on the top five transacted stocks, net buys totalled S$1.77 billion, compared to net sells of S$684 million. Based on trade in the top five stocks with more than S$2 billion of market capitalisation, net buys came to S$1.59 billion, compared to net sells of S$545.8 million. The largest buy volume was in...


2015 positive for S'pore equity, debt markets: OCBC

SingaporeRIDING on Asia's buoyant economies, next year will be positive for both Singapore equity and debt markets, said OCBC Bank officials on Tuesday.The poor stockmarket turnover and pathetic IPO or initial public offerings scene this year have made many observers sceptical of the attractiveness of the Singapore Exchange.Singapore remains an ideal choice of listing destination for many...


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