Singapore’s OCBC Bank has established a new division that is committed to providing loans against idle securities in customer accounts. Enabling Efficient Use of Idle Securities OCBC Bank has introduced a dedicated securities financing unit that will operate…
HSBC, the UK-based banking institution, recently undertook a strategic shift in its Southeast Asian operations, assigning an experienced professional to spearhead its markets and securities services across ASEAN. Ruby Ho Takes the Reins Ruby Ho now holds the…
Standard Chartered recently revealed that it has chosen a new leader for its securities division in mainland China. Appointment of New CEO for Standard Chartered Securities (China) Limited Standard Chartered Securities (China) Limited (SCSCL), the Chinese…
VietinBank Securities eyes record profits again this year through the stock market itself is likely to be down. Its board has approved a profit target of VND505 billion ($22 million), 5 percent up from last year. Last year pre-tax profits tripled to VND480…
Capital gains taxes on securities surged 320 percent year-on-year in the first five months as new investors flocked to the stock market. They were one of the major contributors to personal income tax collection in the first five months, which rose by nearly…
Hg Exchange went live this week with whisky-based asset-backed securities trading, becoming Southeast Asia’s first bourse with the offering. Five whisky-linked securities were actively traded through the blockchain-based bourse for the first time yesterday,…
Minister of Finance Đinh Tiến Dũng yesterday struck the gong to open the first trading session of 2017 on the Hà Nội Stock Exchange. Dũng urged Government agencies and market members to improve the current conditions of the securities market to promote it as…