Assets
DBS eyes S$500 billion in wealth assets by 2026, top exec says
DBS Group plans to boost assets under management for its wealth business to S$500 billion by the end of 2026, said the unit’s head, as the top Singaporean bank...
DBS eyes S$500 billion in wealth assets by 2026: top executive
DBS Group plans to boost assets under management for its wealth business to S$500 billion by the end of 2026, said the unit’s head, as the top Singaporean bank...
Evergrande EV warns of losing key assets as local governments demand subsidy repayment
CHINA Evergrande New Energy Vehicle Group faces the risk of losing assets such as land and equipment, the company said on Tuesday (Jun 11), as local administrative bodies demand...
Money laundering case: Bulk of S$3 billion worth of assets seized from 17 foreigners, not from 10 arrested
THE S$3 billion in cash and assets seized or issued with prohibition of disposal orders in Singapore’s largest money laundering case belonged to 27 individuals, and not just the...
Banks’ drive to ‘tokenise’ assets moves slower than expected
BANKS which for years have talked about creating ‘tokenised’ versions of assets such as bonds and currencies say a shift to blockchain-based trading is taking longer than expected, with...
Shell, Exxon near deal to sell North Sea assets to Viaro, sources say
Shell and ExxonMobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources...
T-Mobile to buy US Cellular assets for some US$2.4 billion
T-Mobile US, the second-largest mobile carrier in the US, has agreed to buy US Cellular’s wireless operations and some of its spectrum assets for roughly US$2.4 billion.The deal includes...
Seventh money launderer jailed for 15 months, forfeits S$22 million of assets
THE seventh accused in the billion-dollar money laundering bust was sentenced to 15 months’ jail after pleading guilty to two money laundering and one forgery charges on Thursday (May...
