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14h
Channel NewsAsia
OCBC Q1 profit down 14% on lower insurance income, higher allowancesSINGAPORE: Oversea-Chinese Banking Corp (OCBC), Singapore's second-biggest lend
OCBC Q1 profit down 14% on lower insurance income, higher allowances
Channel NewsAsia / Posted 14 hours ago
SINGAPORE: Oversea-Chinese Banking Corp (OCBC), Singapore's second-biggest lender, announced on Friday (Apr 29) a 14 per cent decline in quarterly net profit, as its insurance income dipped and allowances rose. For the three months ended March, net... Read more
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1d
Channel NewsAsia
Venture Debt Programme to support SMEs could see broader participation: IswaranVDP was previously announced at last year's Budget and rolled out by the Singap
Venture Debt Programme to support SMEs could see broader participation: Iswaran
Channel NewsAsia / Posted yesterday
VDP was previously announced at last year's Budget and rolled out by the Singapore's three local banks - DBS Bank, OCBC Bank and United Overseas Bank (UOB) - in January this year. So far, loans to four companies have already been... Read more
6d
Sabah Daily Express
Online withdrawal facility now available for education loans: EPFThe financial institutions include RHB Bank, RHB Islamic, Maybank, Bank Islam,
Online withdrawal facility now available for education loans: EPF
Sabah Daily Express / Posted 6 days ago
The financial institutions include RHB Bank, RHB Islamic, Maybank, Bank Islam, Oversea-Chinese Banking Corporation (OCBC), Bank Simpanan Nasional (BSN), Ambank and United Overseas Bank (UOB). "The e-Pengeluaran is one of EPF's breakthrough... Read more
2 related stories
6d
The Star
Banks prepare for new standard59 global banks surveyed believed their provision level may increase by up to 5
Banks prepare for new standard
The Star / Posted 6 days ago
59 global banks surveyed believed their provision level may increase by up to 50% with the adoption of the new standard. OCBC Bank (M) Bhd chief financial officer Teoh Yin Meng tells StarBizWeek the bank is currently in the preliminary stages of... Read more
6d
Canberra Times
Singapore raids brokers amid insider trading allegationsfirms and trading representatives, the MAS said on Friday. DBS Vickers Securit
Singapore raids brokers amid insider trading allegations
Canberra Times / Posted 6 days ago
firms and trading representatives, the MAS said on Friday. DBS Vickers Securities Singapore, Maybank Kim Eng Holdings, OCBC Securities and Phillip Securities were among at least four brokerages raided by the MAS and the CAD earlier in the week.... Read more
6 related stories
6d
Brisbane Times
Singapore raids brokers amid insider trading allegationsfirms and trading representatives, the MAS said on Friday. DBS Vickers Securit
Singapore raids brokers amid insider trading allegations
Brisbane Times / Posted 6 days ago
firms and trading representatives, the MAS said on Friday. DBS Vickers Securities Singapore, Maybank Kim Eng Holdings, OCBC Securities and Phillip Securities were among at least four brokerages raided by the MAS and the CAD earlier in the week.... Read more
6 related stories
6d
The Age
Singapore raids brokers amid insider trading allegationsDBS Vickers Securities Singapore, Maybank Kim Eng Holdings, OCBC Securities and
Singapore raids brokers amid insider trading allegations
The Age / Posted 6 days ago
DBS Vickers Securities Singapore, Maybank Kim Eng Holdings, OCBC Securities and Phillip Securities were among at least four brokerages raided by the MAS and the CAD earlier in the week. Photo: G Burrows Singapore authorities raided a number of... Read more
6 related stories
6d
Sydney Morning Herald
Singapore raids brokers amid insider trading allegationsDBS Vickers Securities Singapore, Maybank Kim Eng Holdings, OCBC Securities and
Singapore raids brokers amid insider trading allegations
Sydney Morning Herald / Posted 6 days ago
DBS Vickers Securities Singapore, Maybank Kim Eng Holdings, OCBC Securities and Phillip Securities were among at least four brokerages raided by the MAS and the CAD earlier in the week. Photo: G Burrows Singapore authorities raided a number of... Read more
6 related stories
7d
The Star
EPF: Online withdrawal facility now available for education loansfinancial institutions include RHB Bank, RHB Islamic, Maybank, Bank Islam, Over
EPF: Online withdrawal facility now available for education loans
The Star / Posted 7 days ago
financial institutions include RHB Bank, RHB Islamic, Maybank, Bank Islam, Oversea-Chinese Banking Corporation (OCBC), Bank Simpanan Nasional (BSN), Ambank and United Overseas Bank (UOB). "The e-Pengeluaran is one of EPF's breakthrough... Read more
2 related stories
7d
The Star
EPF members can submit online for education withdrawalsinstitutions which are part of the e-withdrawals are RHB Islamic, Maybank, Bank
EPF members can submit online for education withdrawals
The Star / Posted 7 days ago
institutions which are part of the e-withdrawals are RHB Islamic, Maybank, Bank Islam, Oversea-Chinese Banking Corporation (OCBC), Bank Simpanan Nasional (BSN), Ambank and United Overseas Bank (UOB). EPF deputy CEO (operations) Datuk Mohd Naim... Read more
2 related stories
7d
Channel NewsAsia
MAS probing several firms over possible securities act breachesBloomberg report, citing Business Times, the companies raided are DBS Vickers S
MAS probing several firms over possible securities act breaches
Channel NewsAsia / Posted 7 days ago
Bloomberg report, citing Business Times, the companies raided are DBS Vickers Securities, Maybank Kim Eng Holdings, OCBC Securities and Phillip Securities. The Act relates to the regulation of activities and institutions in the securities,... Read more
6 related stories
8d
International Business Times
Samsung Pay launching in Singapore in Q2 2016 with major payment networks in the country such as American Express, MasterCard
Samsung Pay launching in Singapore in Q2 2016
International Business Times / Posted 8 days ago
with major payment networks in the country such as American Express, MasterCard and Visa and major banks such as DBS/POSB, OCBC Bank and Standard Chartered. "We are extremely excited that Singapore is the first market in Southeast Asia to roll out... Read more
9d
Channel NewsAsia
Samsung Pay to launch in Singapore in Q2 2016at places where credit and debit cards are accepted. Payment networks MasterCa
Samsung Pay to launch in Singapore in Q2 2016
Channel NewsAsia / Posted 9 days ago
at places where credit and debit cards are accepted. Payment networks MasterCard and Visa, and major banks such as DBS, OCBC and Standard Chartered, will be be part of the service, said Samsung, with American Express "coming soon" after the... Read more
12d
Sydney Morning Herald
Delta Air Lines coy on intentions toward Virgin Australiais in the middle of a proxy battle against activist investors. Meanwhile, Sing
Delta Air Lines coy on intentions toward Virgin Australia
Sydney Morning Herald / Posted 12 days ago
is in the middle of a proxy battle against activist investors. Meanwhile, Singapore Business Review reported broker OCBC did not rule out Singapore Airlines making a takeover offer for Virgin to allow the Singaporean carrier to compete more... Read more
6 related stories
15d
The Temasek Review
I like Yaacob Ibrahim « Opinion « TR EMERITUSBank, OUB, Far Eastern Bank, Malayan Banking, Industrial and Commercial Banks,
I like Yaacob Ibrahim « Opinion « TR EMERITUS
The Temasek Review / Posted 15 days ago
Bank, OUB, Far Eastern Bank, Malayan Banking, Industrial and Commercial Banks, International Bank of Singapore, POSB, OCBC, UOB and DBS were common features of the banking landscape. Now only UOB, OCBC and DBS are left standing. The rest of... Read more
15d
Finance Asia
Loans week April 8-14up 58% year-on-year in 2015 Gold Ridge has secured a S$1 billion facility thro
Loans week April 8-14
Finance Asia / Posted 15 days ago
up 58% year-on-year in 2015 Gold Ridge has secured a S$1 billion facility through joint mandated lead arrangers DBS, OCBC and UOB on a club basis. Proceeds are to repay existing debt and general corporate purposes. This is the third largest... Read more
16d
Channel NewsAsia
JPMorgan cuts 5% of Asia wealth management jobsagreed to sell its wealth and investment management business in Hong Kong and S
JPMorgan cuts 5% of Asia wealth management jobs
Channel NewsAsia / Posted 16 days ago
agreed to sell its wealth and investment management business in Hong Kong and Singapore to Oversea-Chinese Banking Corp (OCBC). "At J.P. Morgan, we constantly review our coverage to ensure that clients are aligned with the advisors who are best... Read more
16d
Market Watch
Oil prices lose steam as investors remain unsure about Doha meeting outcomeoil prices means a lighter burden on central banks to inject more stimulus meas
Oil prices lose steam as investors remain unsure about Doha meeting outcome
Market Watch / Posted 16 days ago
oil prices means a lighter burden on central banks to inject more stimulus measures, said Barnabas Gan, an economist at OCBC, a bank. However, others say a freeze just when key players are pumping at record levels won’t provide any meaningful... Read more
806 related stories
17d
Market Watch
Oil prices dip as investors cash in on overnight surgeprimarily benefit the oil producers and alleviate fiscal concerns,” said Barnab
Oil prices dip as investors cash in on overnight surge
Market Watch / Posted 17 days ago
primarily benefit the oil producers and alleviate fiscal concerns,” said Barnabas Gan, an economist at the Singapore-based OCBC. ‘A freeze excluding Iran is all about market psychology. It will have little to no impact on real crude production.... Read more
12 related stories
18d
The Financial Express
Gold prices climb to near 3-week high on safe-haven demandweek. “Markets are still jittery about what’s going on in the global economy…
Gold prices climb to near 3-week high on safe-haven demand
The Financial Express / Posted 18 days ago
week. “Markets are still jittery about what’s going on in the global economy… and gold is the preferred safe-haven,” said OCBC Bank analyst Barnabas Gan. Gold will remain elevated in the short term, Gan said, but he expected the metal to give back... Read more
21d
FOX Business
Oil Prices Lifted by Fed Comments on U.S. Economyin rhetoric by the major players, the market will stay in a wait-and-see mode,"
Oil Prices Lifted by Fed Comments on U.S. Economy
FOX Business / Posted 21 days ago
in rhetoric by the major players, the market will stay in a wait-and-see mode," said Barnabas Gan, a commodity analyst at OCBC. Despite the recent rally, oil prices remain down more than 20% from last year. Most analysts still see the market as... Read more
154 related stories
21d
FOX Business
Oil Prices Lifted by Fed Comments on U.S. Economyin rhetoric by the major players, the market will stay in a wait-and-see mode,"
Oil Prices Lifted by Fed Comments on U.S. Economy
FOX Business / Posted 21 days ago
in rhetoric by the major players, the market will stay in a wait-and-see mode," said Barnabas Gan, a commodity analyst at OCBC. Despite the recent rally, oil prices remain down more than 20% from last year. Most analysts still see the market as... Read more
154 related stories
21d
Market Watch
Oil rebounds, but Doha meeting remains a cloud on the horizonin rhetoric by the major players, the market will stay in a wait-and-see mode,”
Oil rebounds, but Doha meeting remains a cloud on the horizon
Market Watch / Posted 21 days ago
in rhetoric by the major players, the market will stay in a wait-and-see mode,” said Barnabas Gan, a commodity analyst at OCBC. Nymex reformulated gasoline blendstock for May RBK6, +1.93% — the benchmark gasoline contract — rose 222 points to... Read more
154 related stories
22d
The Star
Singapore’s OCBC to buy Barclays Asia wealth business for US$320milThis purchase of Barclays Asia's business is set to boost OCBC’s private bankin
Singapore’s OCBC to buy Barclays Asia wealth business for US$320mil
The Star / Posted 22 days ago
This purchase of Barclays Asia's business is set to boost OCBC’s private banking assets by a third to US$73.3bil (RM288.3bil), putting it just below DBS. The Reuters photo shows a Barclays sign hanging outside a branch of the bank in the city of... Read more
6 related stories
22d
Gulf News
OCBC grabs Barclays Asia wealth business after poaching concerns spook rivalOCBC agrees to buy Barclay’s Singapore and Hong Kong operations Singapore: OCB
OCBC grabs Barclays Asia wealth business after poaching concerns spook rival
Gulf News / Posted 22 days ago
OCBC agrees to buy Barclay’s Singapore and Hong Kong operations Singapore: OCBC’s path to snapping up Barclays’ Singapore and Hong Kong wealth management business became much easier after rival DBS Group Holdings was turned off by fears of poaching... Read more
6 related stories
22d
International Business Times
Barclays to sell Asia wealth division to Singapore's OCBC for $320m wealth and investment management business based in Singapore and Hong Kong will
Barclays to sell Asia wealth division to Singapore's OCBC for $320m
International Business Times / Posted 22 days ago
wealth and investment management business based in Singapore and Hong Kong will be sold to Oversea-Chinese Banking Corp (OCBC) for $320m (£227.62m, €281.04m). Apart from OCBC, which is Singapore's second-biggest lender, DBS Bank, a Singaporean... Read more
6 related stories
22d
Finance Asia
OCBC bulks up in battle for Asia's billionairesKong with a $320 million (S$434 million) cash bid. The auction was a rare case
OCBC bulks up in battle for Asia's billionaires
Finance Asia / Posted 22 days ago
Kong with a $320 million (S$434 million) cash bid. The auction was a rare case of all three of Singapore’s major banks – OCBC Bank, DBS and United Overseas Bank – competing head-to-head. Contestants were seemingly not put off by China’s... Read more
6 related stories
22d
The Star
PAC: 1MDB directors repeatedly given inaccurate infowas told of the receipt from the first US$1.75bil note that was used for the Ta
PAC: 1MDB directors repeatedly given inaccurate info
The Star / Posted 22 days ago
was told of the receipt from the first US$1.75bil note that was used for the Tanjong acquisition, to pay interest and an OCBC consent fee as a condition for funding a Tranche 2 syndicated bridging loan and that US$300mil remained from that... Read more
2 related stories
22d
Market Watch
OCBC to buy Barclays's Singapore, Hong Kong unitsand Hong Kong. The assets under management, which total about US$18.3 billion,
OCBC to buy Barclays's Singapore, Hong Kong units
Market Watch / Posted 22 days ago
and Hong Kong. The assets under management, which total about US$18.3 billion, will be transferred to Bank of Singapore, OCBC's private-bank unit, Singapore's second-biggest bank by assets said in a statement to the Singapore Exchange. The deal... Read more
6 related stories
22d
Channel NewsAsia
OCBC acquires Barclays’ wealth business in Singapore, Hong Kong for S$430mSINGAPORE: Oversea-Chinese Banking Corp (OCBC) has acquired the wealth and inve
OCBC acquires Barclays’ wealth business in Singapore, Hong Kong for S$430m
Channel NewsAsia / Posted 22 days ago
SINGAPORE: Oversea-Chinese Banking Corp (OCBC) has acquired the wealth and investment management business of Barclays Bank in Singapore and Hong Kong for US$320 million (S$430 million) in cash. The acquisition was done through OCBC’s private banking... Read more
6 related stories
22d
Channel NewsAsia
OCBC acquires Barclays’ wealth business in Singapore, Hong Kong for S$430mSINGAPORE: Oversea-Chinese Banking Corp (OCBC) has acquired the wealth and inve
OCBC acquires Barclays’ wealth business in Singapore, Hong Kong for S$430m
Channel NewsAsia / Posted 22 days ago
SINGAPORE: Oversea-Chinese Banking Corp (OCBC) has acquired the wealth and investment management business of Barclays Bank in Singapore and Hong Kong for US$320 million (S$430 million) in cash. The acquisition was done through its private banking... Read more
6 related stories
22d
FOX Business
Oil Prices Maintain Gains After Inventory Data17. "Market watchers will be keeping their ears sharp until the suspense of a
Oil Prices Maintain Gains After Inventory Data
FOX Business / Posted 22 days ago
17. "Market watchers will be keeping their ears sharp until the suspense of a possible production freeze is over," said Barnabas Gan, an OCBC commodities analyst. --Georgi Kantchev and Jenny W. Hsu contributed to this article. By Nicole Fr... Read more
154 related stories
22d
FOX Business
Oil Prices Maintain Gains After Inventory Datawill be keeping their ears sharp until the suspense of a possible production fr
Oil Prices Maintain Gains After Inventory Data
FOX Business / Posted 22 days ago
will be keeping their ears sharp until the suspense of a possible production freeze is over," said Barnabas Gan, an OCBC commodities analyst. --Georgi Kantchev and Jenny W. Hsu contributed to this article. Continue Reading Below By Nicole... Read more
154 related stories
23d
Channel NewsAsia
DBS rises to 6th spot in Asia-Pacific private bank rankingsat least S$1.5 million in investable assets. Bank of Singapore, the private ba
DBS rises to 6th spot in Asia-Pacific private bank rankings
Channel NewsAsia / Posted 23 days ago
at least S$1.5 million in investable assets. Bank of Singapore, the private bank owned by Oversea-Chinese Banking Corp (OCBC), was 11th on the list with US$55 billion in AUM - an increase of 7.8 per cent from 2014. Its Asia-Pacific ranking was... Read more
23d
FOX Business
Oil Prices Rally on U.S. Stockpile Fallwill be keeping their ears sharp until the suspense of a possible production fr
Oil Prices Rally on U.S. Stockpile Fall
FOX Business / Posted 23 days ago
will be keeping their ears sharp until the suspense of a possible production freeze is over," said Barnabas Gan, an OCBC commodities analyst. Nymex reformulated gasoline blendstock--the benchmark gasoline contract--rose 0.8% to $1.39 a... Read more
154 related stories
23d
FOX Business
Oil Prices Rally on U.S. Stockpile Fallwill be keeping their ears sharp until the suspense of a possible production fr
Oil Prices Rally on U.S. Stockpile Fall
FOX Business / Posted 23 days ago
will be keeping their ears sharp until the suspense of a possible production freeze is over," said Barnabas Gan, an OCBC commodities analyst. Nymex reformulated gasoline blendstock--the benchmark gasoline contract--rose 0.8% to $1.39 a... Read more
154 related stories
23d
Market Watch
Oil prices surge on fresh hopes for a production freezewill be keeping their ears sharp until the suspense of a possible production fr
Oil prices surge on fresh hopes for a production freeze
Market Watch / Posted 23 days ago
will be keeping their ears sharp until the suspense of a possible production freeze is over,” said Barnabas Gan, an OCBC commodities analyst. BMI Research said an agreement to freeze production “looks increasingly less likely” and expects... Read more
25d
Channel NewsAsia
Singapore's manufacturing activity improves in Marchdeliveries, resulting in slower expansion of electronics inventory, it added.
Singapore's manufacturing activity improves in March
Channel NewsAsia / Posted 25 days ago
deliveries, resulting in slower expansion of electronics inventory, it added. Head of Treasury Research and Strategy at OCBC Bank Selena Ling said the improvement in Singapore's PMI readings in March was "in line with the spring recovery seen in... Read more
28d
Market Watch
China factory gauges show economy picking upto battle deeply entrenched problems that could take years to work through. "I
China factory gauges show economy picking up
Market Watch / Posted 28 days ago
to battle deeply entrenched problems that could take years to work through. "It's quite a significant pickup," said OCBC Bank economist Dongming Xie. "But it doesn't mean we're going back to a very bullish sentiment. Challenges remain, such... Read more
28d
Channel NewsAsia
DBS CEO highest paid among local bank chiefs last yearSINGAPORE: The chief executive officers (CEOs) of DBS and OCBC saw their total
DBS CEO highest paid among local bank chiefs last year
Channel NewsAsia / Posted 28 days ago
SINGAPORE: The chief executive officers (CEOs) of DBS and OCBC saw their total remuneration rise in 2015. According to DBS Group's latest annual report, CEO Piyush Gupta earned S$10.94 million last year, up from S$10.12 million in 2014. The higher... Read more
29d
Channel NewsAsia
Moody's revises outlook of Singapore banks to negativeto negative from stable. The affected banks are DBS Bank, its parent company D
Moody's revises outlook of Singapore banks to negative
Channel NewsAsia / Posted 29 days ago
to negative from stable. The affected banks are DBS Bank, its parent company DBS Group, Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB). Moody’s said the rating reflects its expectation that a more challenging operating... Read more
1m
International Business Times
Asian markets: China Shanghai Composite declines ahead of US Fed chair Janet Yellen's speech indicate the strength of its economy, which in turn would decide the fate of th
Asian markets: China Shanghai Composite declines ahead of US Fed chair Janet Yellen's speech
International Business Times / Posted a month ago
indicate the strength of its economy, which in turn would decide the fate of the stock markets. Analysts from Singapore's OCBC Bank said: "Market players are awaiting further cues from key US non-farm payrolls and unemployment report this Friday... Read more
2 related stories
1m
Channel NewsAsia
Banks and fintech firms can and must collaborate: MAS executiveto be digital and how API will take the journey forward.” Among the local play
Banks and fintech firms can and must collaborate: MAS executive
Channel NewsAsia / Posted a month ago
to be digital and how API will take the journey forward.” Among the local players, DBS has organised hackathons, while OCBC allows certain startups taking part in its fintech accelerator programme to access its anonymised data. COSTS, SECURITY... Read more
m
Channel NewsAsia
OCBC to give S$500 top-up for SkillsFuture Credit to 800 employeesSINGAPORE: OCBC Bank will give 800 employees S$500 each for SkillsFuture Credit
OCBC to give S$500 top-up for SkillsFuture Credit to 800 employees
Channel NewsAsia / Posted 1 months ago
SINGAPORE: OCBC Bank will give 800 employees S$500 each for SkillsFuture Credit eligible courses, to match the Government’s S$500 SkillsFuture Credit, the bank announced on Monday (Mar 28). The cash top-up, which will be credited to the employees’... Read more
m
Inquirier.net
Fil-Am Brickman tows Malaysia to first ABL crownanother Fil-American guard in Kris Rosales had 22 points for Singapore, which f
Fil-Am Brickman tows Malaysia to first ABL crown
Inquirier.net / Posted 1 months ago
another Fil-American guard in Kris Rosales had 22 points for Singapore, which forced Game 5 at the buzzer last Sunday at OCBC Arena. Howard and Rosales, however, failed to draw help with Xavier Alexander in his worst at the most inopportune... Read more
3 related stories
m
Inquirier.net
ABL Finals: Malaysia, Singapore clash for all the marblesits season with veteran guard Wong Wei Long hitting a buzzer-beating jumper in
ABL Finals: Malaysia, Singapore clash for all the marbles
Inquirier.net / Posted 1 months ago
its season with veteran guard Wong Wei Long hitting a buzzer-beating jumper in Game 4 last Sunday on its home floor at OCBC Arena. The Dragons hope to have put the past behind them and will continue to lean on their imports Reggie Johnson,... Read more
3 related stories

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