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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.
October 05, 2020
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.
June 12, 2020
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
November 22, 2019
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.
June 25, 2019
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.
September 20, 2018
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
July 10, 2017
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.
June 08, 2017
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.
October 10, 2016
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.
September 06, 2016