News

  • 23
    Apr

    Temasek unit to open private equity door for retail investors

    The Business Times by GENEVIEVE CUA

    Singapore TEMASEK subsidiary Azalea Investment Management is working to open up access to private equity (PE) investments for retail investors. Access is likely to be made possible through an asset backed security - that is, a bond instrument collateralised… More

  • 20
    Apr

    'Insurtech' will transform insurance, but pace of adoption is slow

    The Business Times

    INSURANCE is a sector that experts widely believe is "ripe for disruption'' for a few reasons. It is heavily reliant on data. Its cost base is high which suggests inefficiencies. Distribution costs plus operating costs take up a significant chunk of… More

  • 18
    Apr

    NTU launches new master's programme for asset and wealth management

    The Business Times by JANICE HENG

    Singapore NANYANG Technological University (NTU) is launching a new postgraduate programme in asset and wealth management, with classes conducted not just in Singapore but also in the financial hubs of London and New York. The inaugural intake for the… More

  • 17
    Apr

    UOB teams up with China fintech to grow credit assessment in SE Asia

    The Business Times by JAMIE LEE

    Singapore UNITED Overseas Bank (UOB), which has the largest South-east Asia network of the three Singapore banks, has tied up with an emerging Chinese fintech firm to tackle the under-banked market of South-east Asia. This is likely the first such collaboration… More

  • 16
    Apr

    ICBC Singapore to launch investment banking services

    The Business Times by JAMIE LEE

    Singapore THE Industrial and Commercial Bank of China's Singapore branch (ICBC) is launching investment banking services here. This comes as the bank's branch received accreditation as an issue manager from Singapore Exchange (SGX). Geng Hao, deputy… More

  • 09
    Apr

    Asia focus fuels growth for Credit Suisse

    The Business Times by GENEVIEVE CUA

    Singapore AN "empowered Asia" strategy is paying dividends for Credit Suisse's private banking business in the Asia-Pacific. Assets under management in 2017 rose 18 per cent to a record 196.8 billion Swiss francs (S$270 billion), and net new assets… More

  • 09
    Apr

    Focus on investment grade the key in bonds: DBS banker

    The Business Times by SIOW LI SEN

    Singapore IT'S been a rough first quarter for bond markets, but focusing on investment grade and familiar names has gotten DBS Bank over the line, said a relieved Clifford Lee who heads the bank's fixed income business. Among the many deals DBS has… More

  • 03
    Apr

    AIA Singapore to pay out S$494m in policy bonuses for 2018

    The Business Times by GENEVIEVE CUA

    Singapore BUOYED by strong investment performance, AIA yesterday said it will pay out S$494 million in bonuses for participating (par) policies for 2018. Some policies will have higher annual or terminal bonus or dividend rates, and others will be maintained… More

  • 03
    Apr

    Consolidation spells opportunity for UBP

    The Business Times by GENEVIEVE CUA

    CONSOLIDATION in the wealth management industry does not faze bankers at Union Bancaire Privee (UBP). At a time when larger private banks might be looking to shrink costs, UBP would likely have its feelers out, attuned to opportunities to grow. Says… More

  • 02
    Apr

    Maybank Kim Eng aims to be top investment bank in Asean

    The Business Times by SIOW LI SEN

    Singapore AFTER becoming the top global trader in Islamic bonds, Maybank Kim Eng now wants to be the region's top investment bank. "I want to guide the bank to be the leading investment bank in Asean," said Maybank Kim Eng's chief executive John Chong… More