Singapore
DBS CEO Piyush Gupta's pay rose 15.5% to $8.63m in 2018
DBS CEO Piyush Gupta's pay rose 15.5% to $8.63m in 2018
The bank’s earnings hit a record high of $3.96b, up 28%.
Bank of Singapore unveils European wealth subsidiary
The private bank opened branches in London and Luxembourg.
ING closes first ASEAN green loan for 50MW rooftop solar projects
The bank is acting as the sole mandated lead arranger for the $36.95m loan.
Weekly Global News Wrap Up: Citi buys $6.4b mortgages from UK bad bank; Goldman Sachs slapped with $45m by UK watchdog
And Wells Fargo CEO Tim Sloan is stepping down.
Chart of the Week: Singapore banks' LDR slows to 104.6% as lending weakens
On the other hand, deposits grew at a near-two year high at 6.3%.
Regional gains boost Singapore bank loans amidst weakening domestic demand
Regional loan growth of 0.3% outpaced domestic loan expansion of 0.2%.
Singapore firms with overseas ties could fall into global regulatory loopholes: Dow Jones
Despite a world-leading compliance regime, firms risk another 1MDB scandal by failing to assess malpractices of external links.
Inside Asian Development Bank's $118m modernisation programme
The bank is digitising its systems; streamlining financial and administrative services and setting up a digital sandbox.
Singapore bank loans grew 3.3% in February
However, consumer loans grew at the slowest pace since at least 2005.
Online hiring in Singapore banks up 12% in February
Job seekers must be passionate about consumer tech.
JPMorgan names Paul Uren as APAC investment banking co-head
He previously served as senior country officer in Australia and New Zealand.
Singapore investment banking fees down 24.8% to $172.8m in Q1
Advisory fees from M&As plunged 63.6% even as deal numbers rose.
OCBC sets up board committee on ethics and conduct
It will be chaired by OCBC bank chairman Ooi Sang Kuang.
DBS CEO Piyush Gupta's pay rose 15.5% to $8.62m after record-high earnings year
The CEO also saw a $3.31m cash bonus.
Citi targets 30% growth of APAC wealth management clients in 2019
The bank is tagetting 30% growth of Citigold clients in China.
DBS' PayNow to be integrated in SIA's KrisPay
The firms will also introduce a DBS-SIA point conversion programme via the KrisPay app.
Weekly Global News Wrap Up: Goldman-Apple deal targets mass market amidst shrinking trading revenue; Citigroup joins consumer payments battle
And here’s why banks and Silicon Valley fintechs clash over consumers’ data.
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