Banks
Singapore banks lead STI rally; index closes up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 10-year high.
It was up 1.4 per cent or 50.88 points at 3,724.37.Across the broader...
Singapore banks lead STI rally to 16-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 16-year high. It was up 1.4 per cent or 50.88 points at 3,724.37.Across the broader...
Singapore banks lead STI rally to 17-year high; index up 1.4%
THE Straits Times Index (STI) continued to rally on Friday (Nov 8), hitting a 17-year high. It was up 1.4 per cent or 50.88 points at 3,724.37.Across the broader...
Shareholders of Singapore banks can look forward to more returns amid strong Q3 results
SHAREHOLDERS of Singapore banks have more to gain ahead, as the local banking trio are looking to return capital due to their strong fiscal positions.Amid another set of record-breaking...
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before after both lenders surpassed street consensus estimates with their third-quarter net profit figures released Friday (Nov 8). As at...
‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s technology capabilities.Gupta’s 15-year tenure as head honcho saw...
US banks to gain from looser capital, merger policies under Trump
THE banking industry is expected to win big as former President Donald Trump returns to the White House, ushering in Republican regulators who are expected to ease capital rules...
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to boost the economy, according to sources familiar...
