DBS Bank (DBS), Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB) gained strong financial results in financial year 2021 as the…
Thursday, 16 May 2024
Our researches and analysis on Current Account
As the West announces sanctions over Russia’s actions in Ukraine, global supply chains, particularly related to energy and commodities from the country,…
Despite widespread media reporting of US and Western sanctions on seven Russian banks, SWIFT has yet to disconnect any of them from its network. It will…
EU leaders, Charles Michel and Ursula von der Leyen, jointly condemn Russian aggression against Ukraine, plan further sanctions while global markets plummet…
The Monetary Authority of Singapore (MAS) has imposed an extra capital requirement of SGD 930 million ($692 million) on DBS after the widespread digital…
In the wake of the OCBC phishing scams and the compensation made by the bank to all affected customers, MAS decided that the industry should have a more…
The transaction is worth $706.6 million which covers Citi’s consumer banking franchise in Taiwan which includes 2.7 million credit cards, 500,000 deposit…
The transaction covers the consumer banking business of Citi in Indonesia, Malaysia, Thailand, and Vietnam. The agreement comprises its unsecured and secured…
Grab's listing fulfils a key milestone for the platform’s early investors. However, a 12% drop in market value on its first trading day resembles Paytm’s…
DBS experienced outages to its online banking services from 23 to 24 November, the second extensive disruption to its digital services in over a decade…
Alibaba and JD.com continue to set new sales records during the Double 11 shopping event, although growth decelerated amid China’s slowing economy and…
The COVID-19 pandemic has led to a shortage of semiconductors globally, accelerated by the increase in remote working and schooling arrangements, remote…