Search results
Results From The WOW.Com Content Network
In September 2001, UOB acquired Overseas Union Bank, then Singapore's fourth largest local bank, in a deal worth S$10 billion. [15] [16] United Overseas Bank History Plaque. In 2002, UOB started expanding into the Chinese market by opening a new full-service branch office in Shanghai and upgrading of its Beijing office to a full-service branch ...
By April 1987, 90% of the office space in the building was occupied, mostly by banks and money brokers. 20% of the office space was used as OUB's headquarters, while the Stock Exchange of Singapore (SES) occupied an additional five floors. Nevertheless, the takeup for the building's retail space was not as good, with only 41 of 78 retail units ...
The company was founded in 1963 as Faber Union Limited, a subsidiary of Faber Union (HK) Limited. [2] [4] [5] It became a publicly traded company on the Singapore Exchange in 1964. [3] In 1975, the company changed its name to United Overseas Land Limited after Wee Cho Yaw and United Overseas Bank acquired a controlling interest in the company ...
During the pandemic, ultra-wealthy individuals flocked to Singapore, attracted by its less strict controls and favorable tax policies. The number of single-family offices based in the city-state ...
In September 2018, Scotiabank stopped using OBSI, making it the third big bank, after Toronto-Dominion Bank and the Royal Bank of Canada, to not use OBSI. [ 1 ] In October 2023, “amid a surge in consumer complaints about their banks, the federal Finance department is mandating that the non-profit Ombudsman for Banking Services and Investments ...
Enacted on 17 June 1960, the Prevention of Corruption Act (PCA) is the primary anti-corruption law in Singapore. The following are provided for under the PCA: [7] Powers for the CPIB to investigate bribery in all forms, both monetary and non-monetary in nature, and in both the public and private sectors;
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The Monetary Authority of Singapore or (MAS), is the central bank and financial regulatory authority of Singapore. It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance and manages the foreign-exchange reserves .