Citibank

Covid-19 in the White House is startling, but a contested election would be worse - THE EDGE SINGAPORE

US Presidential Race

Covid-19 in the White House is startling, but a contested election would be worse

"We believe it is time for caution but not panic,” says Bank of Singapore (BOS) Head of Investment Strategy Eli Lee.

In print this week

Former banker founded Charismatic Capital to offer stock loan financing to underserved companies

Stock loans are nothing new. This form of financing requires borrowers to put up shares as collateral in exchange for a loan. However, the global financial crisis (GFC) in 2008 changed all of that.

Tech

Why Google wants to be your bank

SINGAPORE (Nov 25): If you want to open a bank account or, for now specifically, a checking account in California, you will soon be able to just Google it. Last week, the search giant announced that it was formally tiptoeing into banking — albeit piggyb

Global stocks

EPS growth of global markets likely to slow from 16% to 5%: Citi 2H outlook

SINGAPORE (June 25): Diversify your investments; Don’t time the markets; and look at opportunities in Emerging Markets, says Citi Private Bank in its mid-year outlook report.

Singaporeans love their banks but remains wary of other asset managers, finds survey

SINGAPORE (Sept 20): While a majority of Singaporeans view the city state’s financial services sector as more trustworthy than a decade ago, many are cautious towards less familiar sub-industries and new & emerging digital financial services companies.

OCBC ranks No. 1 for retail banking customer satisfaction in Singapore

SINGAPORE (July 10): Oversea-Chinese Banking Corporation (OCBC) has topped the rankings for overall customer satisfaction with retail banking, particularly in account activities and fees, according to the inaugural JD Power Singapore Retail Banking Satis
Citibank - by Bloomberg

Citigroup expands Asia digital in bid to reach affluent clients

(June 8): Citigroup Inc. is expanding its digital-banking channels in Asia as the bank seeks to boost its base of affluent customers in the region by at least 10% this year.

1MDB Watch

Two other ex-BSI employees slapped with seven charges each

SINGAPORE (Oct 10): Two other former BSI bankers were charged in court on Monday for their alleged role in shifting money in and out of accounts belonging to Low Taek Jho, widely acknowledged as a key figure in the on-going 1MDB probe.

Broker's Calls

M1 threatened most by 4th mobile entrant; Singtel remains safest bet

SINGAPORE (Sept 5): Analysts from Maybank Kim Eng and Citi Research agree that the risk of a new market telco entrant has significantly spiked – although in Nomura’s view, it is still too early to take a specific stance on the spectrum’s results.
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