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Home » BANKS AND FINANCIAL INSTITUTIO

Business

Goldman to swell to record size in Singapore with 100 tech hires

mediabest 03/03/2021 BANKS AND FINANCIAL INSTITUTIO

SINGAPORE (BLOOMBERG) – Goldman Sachs Group plans to add about 100 staff in Singapore, taking its headcount in the South-east Asian financial hub to a…

View More Goldman to swell to record size in Singapore with 100 tech hires
Asia

Myanmar central bank to limit cash withdrawal from banks, ATMs

mediabest 03/01/2021 BANKS AND FINANCIAL INSTITUTIO

YANGON (BLOOMBERG) – The Central Bank of Myanmar is limiting cash withdrawals from banks and automated teller machines a month after the country’s military coup.…

View More Myanmar central bank to limit cash withdrawal from banks, ATMs
Asia

Malaysia's biggest bank warns of fake Maybank website used by scammers

mediabest 02/06/2021 BANKS AND FINANCIAL INSTITUTIO

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) – Malaysia’s biggest bank, Maybank, has issued a warning to its users about a fake Maybank2u website that is…

View More Malaysia's biggest bank warns of fake Maybank website used by scammers
Business

Morgan Stanley, Goldman lead bonus bounces for Asia bankers

mediabest 01/27/2021 BANKS AND FINANCIAL INSTITUTIO

HONG KONG (BLOOMBERG) – Morgan Stanley and Goldman Sachs investment bankers are getting the biggest bonus bumps among peers in Asia after revenue from the…

View More Morgan Stanley, Goldman lead bonus bounces for Asia bankers
Business

Hiring of 200 staff for Grab-Singtel bank under way

mediabest 12/05/2020 BANKS AND FINANCIAL INSTITUTIO

A Grab-Singtel consortium, one of two successful applicants for a digital full bank licence, has already started hiring for around 200 positions in Singapore that…

View More Hiring of 200 staff for Grab-Singtel bank under way
Business

DBS, Standard Chartered to cut interest rates further on savings accounts

mediabest 12/02/2020 BANKS AND FINANCIAL INSTITUTIO

SINGAPORE – DBS Bank and Standard Chartered (StanChart) will cut already-low interest rates further on their savings accounts from next year. Singapore’s largest lender, DBS,…

View More DBS, Standard Chartered to cut interest rates further on savings accounts
Business

Most SMEs confident of meeting loan repayment obligations: Survey

mediabest 11/09/2020 BANKS AND FINANCIAL INSTITUTIO

Seven in 10 small and medium-sized enterprises (SMEs) affected by the pandemic are confident of meeting repayment obligations for government-backed loans next year without impacting…

View More Most SMEs confident of meeting loan repayment obligations: Survey
Business

JPMorgan fined $1.26 billion for manipulating precious metals, treasury market

mediabest 09/30/2020 BANKS AND FINANCIAL INSTITUTIO

NEW YORK (BLOOMBERG) – JPMorgan Chase & Co admitted wrongdoing and agreed to pay more than US$920 million (S$1.26 billion) to resolve US authorities’ claims…

View More JPMorgan fined $1.26 billion for manipulating precious metals, treasury market
Business

US banks set aside billions as buffer against bad loans

mediabest 07/14/2020 BANKS AND FINANCIAL INSTITUTIO

NEW YORK (AFP) – Three major US banks have set aside an additional US$23 billion (S$32 billion) as a backstop against bad loans, highlighting the…

View More US banks set aside billions as buffer against bad loans
Asia

India's about to hand people data Americans can only dream of

mediabest 01/13/2020 BANKS AND FINANCIAL INSTITUTIO

BANGALORE (BLOOMBERG) – India has more than 560 million internet users, all generating data by the terabyte. Soon they’ll have an unprecedented amount of control…

View More India's about to hand people data Americans can only dream of
Asia

Local banks to issue new notes for Chinese New Year 2020 from Jan 9

mediabest 01/08/2020 BANKS AND FINANCIAL INSTITUTIO

SINGAPORE – Banks in Singapore will usher in Chinese New Year 2020 by providing new Singapore dollar notes to customers for the festivities. DBS and…

View More Local banks to issue new notes for Chinese New Year 2020 from Jan 9
Business

Another bidder emerges for Singapore digital bank licence

mediabest 01/06/2020 BANKS AND FINANCIAL INSTITUTIO

SINGAPORE (BLOOMBERG) – A consortium comprising Singapore-based fintech Advance.AI, Hong Kong-listed financial services firm Sheng Ye Capital and Singapore-based PhillipCapital is the latest known contender…

View More Another bidder emerges for Singapore digital bank licence
Business

China planning 'aircraft-carrier-size' investment banks

mediabest 12/25/2019 BANKS AND FINANCIAL INSTITUTIO

SHANGHAI • China is now on a mission to create “aircraft-carrier-size” investment banks to take on the giants of Wall Street. As the nation prepares…

View More China planning 'aircraft-carrier-size' investment banks
Business

Fintech start-up abandons plans to bid for Singapore digital banking licence

mediabest 11/05/2019 BANKS AND FINANCIAL INSTITUTIO

SINGAPORE (BLOOMBERG) – Remittance start-up Nium – which recently rebranded from Instarem – has withdrawn from the contest for a Singapore digital wholesale banking licence, doubling down…

View More Fintech start-up abandons plans to bid for Singapore digital banking licence

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Europe
Europe

Police officer knocked unconscious trying to shut down illegal house party

mediabest 03/03/2021

A police officer was knocked unconscious and seven others injured while trying to shut down an illegal house party in South London. Four arrests have…

Europe

Hungary’s Ruling Party Breaks With Conservative E.U. Allies

mediabest 03/03/2021

BRUSSELS — For years, Hungary’s leader, Viktor Orban, has clashed with the European Union as he steadily eroded democracy in his country, but time and…

Europe

Map reveals how Brazil's Covid variant has spread across Europe

mediabest 03/03/2021

A map charting the spread of the Brazilian Covid variant shows how it has moved across European countries which are outside the red list. The…

World News
World News

What does BAME mean? – The Sun

mediabest 03/03/2021

BAME is an outdated phrase that refers to ethnic groups who do not identify as White British. While it was once a widely used term, The…

World News

Britons are cheating Covid vaccine queue by claiming to be carers

mediabest 03/03/2021

Britons are cheating Covid vaccine queue system and getting jabbed early by claiming to be a carer because NHS officials aren’t asking for proof EXCLUSIVE:…

World News

Andrew Cuomo boasts to brother Chris 'I am the Love Gov' and says 'I’m a cool dude in a loose mood' in cringey chat

mediabest 03/03/2021

ANDREW Cuomo boasted, "I am The Love Gov," on his brother's primetime CNN show just months before he allegedly sexually harassed a female aide. The…

Business
Business

Alamo Drafthouse movie theaters, with three Denver area locations, files for bankruptcy

mediabest 03/03/2021

Alamo Drafthouse, the hip, booze- and food-serving moving theater chain with three locations in the Denver area, has filed for bankruptcy in the wake of…

Business

‘Timing could not be better’: Five-star southern resort spending $4m-plus on renovations

mediabest 03/03/2021

Yet in an apparently logic-defying move, that’s what one place in the Queenstown area is doing. Millbrook Resort near Arrowtown is planning a $4 million…

Business

Pinterest Ad Summit: Ad Tools, Growth in Gen Z, Men, Plus Dan Levy

mediabest 03/03/2021

Pinterest’s first global advertising summit on Wednesday revealed a few surprises: Along with new ad products and growth in some surprising user segments, the company…

LIFE
Life

Oil Prices Rally Ahead Of OPEC Meet

mediabest 03/03/2021

Watch UK Finance Minister Rishi Sunak announcing the country's 2021 budget [The stream is slated to start at 07:30 ET. Please refresh the page if…

Life

Dialog Semiconductor Q4 Profit Rises – Quick Facts

mediabest 03/03/2021

Volvo to sell only electric cars by 2030 with all sales going online VOLVO has pledged to sell only electric cars by 2030 — and…

Life

PayPal can now provide digital payments in China

mediabest 03/03/2021

Roblox sees revenue doubling in first quarter (Reuters) – Roblox Corp expects its revenue to double year-over-year in the first quarter of 2021, the company…

Life

What we know about police raid at FC Barcelona’s stadium in relation to ‘Barçagate’

mediabest 03/01/2021

US probing engine fires in nearly 1.9M Toyota RAV4 SUVs DETROIT — The U.S. government is investigating complaints of engine compartment fires in nearly 1.9…

Life

HNI Corp. Q4 Profit More Than Halves, But Tops Estimates – Quick Facts

mediabest 03/01/2021

What’s on TV This Week: ‘Soul of a Nation’ and ‘Ghostbusters’ A newsmagazine featuring a look at Black life in America premieres on ABC. And…

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