02/22/2019
OCBC profit down 11% to S$926m for Q4; to pay out 23 Singapore cents/share
Net profit after tax from banking operations grew 22 per cent from a year ago to S$817 million.
02/22/2019
Net profit after tax from banking operations grew 22 per cent from a year ago to S$817 million.
02/22/2019
OCBC’s net income unexpectedly fell 11 percent to S$926 million in the three months ended Dec. 31
02/21/2019
The group's China operations was loss making for the quarter, though it narrowed its loss slightly to $1.12 million, from a loss of $1.14 million for the year-ago period.
02/21/2019
Located in downtown Bangkok
02/21/2019
Asia's wealthiest are becoming more open to giving banks discretionary mandates in managing their wealth
02/21/2019
"Focus impressed us with its track record of success in supporting leading fiduciary wealth management firms through access to capital, value-added resources and best practices."
02/21/2019
Credit Suisse says clients outsource investing amid volatility
02/20/2019
HSBC remains alert to the downside risks of the current economic environment, global trade tensions and the future path of interest rates, Flint said, adding the bank was “committed” to the growth targets announced in June.
02/20/2019
So far the regulator has accepted similar applications from multiple commercial banks, while many others are also planning to do so.
02/20/2019
The problem with mobile brokers is: how do you control them and ensure the quality of services?
02/19/2019
It reached several important conclusions, most notably that the older generations tend to be more cognizant of the importance of giving to their communities
02/18/2019
Benign short-term prospects for the global economy should not disguise the problems in store caused by the recent build-up in sovereign borrowing, according to Indosuez Wealth Management’s research head.
02/18/2019
Four other big lenders Agricultural Bank of China, Bank of Communications, Construction Bank of China and Bank of China have gotten the nod for the business in the past two months.
02/18/2019
The new rules for WMP subsidiaries were aimed at supporting the real economy and strengthening risk management by separating banks from their wealth management businesses to do away with implicit guarantees that could endanger the financial system
02/17/2019
Markets are throwing up some pretty remarkable opportunities to buy stocks,” 52-year-old Clifford said
02/15/2019
In the run-up to the Brexit, housing prices in London remained remarkably subdued in 2018.
02/15/2019
Special deal sparks anger from HSBC staff in Hong Kong and in London
02/15/2019
The worst case Brexit scenario is widely believed to be a ‘no-deal’ departure, which would probably see sterling and UK government bond yields drop sharply.
02/14/2019
Pact allows the firms’ clients to access each other’s products
02/12/2019
Insurers’ confidence levels in achieving their desired returns have also slipped from 61% to just over half at 54%.